The Portfolio & Trading Solutions team provides investment products, portfolio management services, and Tax Management solutions for Consulting Group advisory programs, including Select UMA - the industry-leading Unified Managed Accounts program with over $500 Billion in assets under management. The team offers a comprehensive, unified approach to asset allocation, manager selection, account management, trading, and overall relationship management to Morgan Stanley's Financial Advisors and their clients.Position Summary:The Tax Managed Select UMA Team manages a $160B+, innovative investment service that is a more customized subset of the larger UMA business. The service offers a highly specialized tax-aware investment solution for clients with tax sensitivities. The team is responsible for executing on a spectrum of tax trading strategies designed to minimize realized capital gains and enhance after-tax returns.A Portfolio Manager in the Tax Managed Select UMA team would be responsible for:Assisting Financial Advisors with asset allocation and manager selectionPresenting Tax Management solutions for specialized situations to Financial Advisors and clientsManaging trade generation in a tax-efficient wayProviding continuous oversight for and performing risk management of the account baseOrganizing, attending, coordinating meetings and conference calls with Financial Advisors in support of their Select UMA books or prospectsParticipating in developing solutions and enhancements that drive business efficiencies and propel growthParticipating in continuous education with respect to firm's global investment advice, product research and industry trends·Equivalent to Bachelor's degree with business related coursework.B.S. in Accounting, Finance, or Business Management preferred·Knowledge of financial securities markets, Advisory programs and products, as well as legal and regulatory requirements·Ability to deliver as an individual contributor while being a strong team player·Ability to adapt to a continually changing work environment while managing multiple priorities·Excellent communication skills in both verbal and written forms·FINRA Series 7 license required; Willingness to obtain Series 66 (or 63/65) within 180 days of hire.·Former portfolio management experience with tax efficiency a plusExpected base pay rates for the role will be between $85,000 and $135,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
