Portfolio Management Associate Director**

Morgan Stanley - Houston, TX

- Senior

Houston, TX

Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Portfolio Management (PM) Associate Director is a vital part of the Wealth Management team who assists Financial Advisors / Private Wealth Advisors with the development and execution investment strategies based on client goals. The Portfolio Management Associate Director works with the Financial Advisor / Private Wealth Advisor to create customized investment plans for clients, creates reporting on investment activity and performance and communicates effectively with clients regarding their accounts, market conditions and economic trends. This role requires an in-depth understanding of market conditions, trends, and economic trends.

Responsibilities

• Makes asset allocation recommendations to the team and sets up the portfolio in conjunction with the Financial Advisor / Private Wealth Advisor
• Critically examines current holdings to evaluate if portfolio action is warranted
• Proactively evaluates and upgrades platforms for the Portfolio Management Group
• Implements decisions by using PM trading platforms or other Firm's online technologies to input trades
• Determines scope of and performs necessary database and internet research, screenings and produces monthly or quarterly reports using proprietary software
• Leads research meetings
• Identifies swap opportunities
• Conducts credit research and develops valuation models
• Supports Financial Advisors / Private Wealth Advisors in analyzing portfolios and developing advanced PM solutions and strategies for clients
• Manages clients' estate, trust, retirement, and insurance objectives with the Financial Advisor / Private Wealth Advisor
• Screens new client prospects that are developed through leads and referrals to determine suitability for addition to group
• Develops marketing and seminar materials and helps distribute targeted presentations to clients on behalf of the Financial Advisor / Private Wealth Advisor
• Supports Financial Advisor / Private Wealth Advisor in meetings to discuss investment strategy options and performs market reviews

Requirements

• 10+ years of experience in a field relevant to the position required
• Advanced degree or professional certification or prior industry experience required
• Active Series 7 (GS) and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA)
• Additional product licenses may be required
• Strong compliance record

Nice-to-haves

• Knowledge of financial industry and investment products preferred
• Successful completion of the Portfolio Management Coursework or holds the CFA designation