Assistant Equity Trader - Parametric at Morgan Stanley
JOB DESCRIPTION
Parametric Trading Assistant
Parametric is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley. We partner with advisors, institutions, and consultants to build portfolios focused on what's important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. We also offer systematic alpha and alternative strategies to complement clients' core holdings.
This role is part of Parametric's hybrid working model, which includes working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.
Office locations: Seattle, WA; Boston, MA; Alpharetta, GA; Edina, MN
About the Role
Assist the trading desk with daily trading department functions.
Primary Responsibilities
- Execute equity trades across various trading systems/platforms (Common Stock, ADRs, ETFs, Mutual Funds)
- Assist with reporting requirements internally and externally
- Maintain day-to-day relationships with a wide range of brokers, custodians, and vendors
- Additional operational responsibilities as required
Job Requirements
- Bachelor's Degree preferred
- 1-2 years of experience in the financial services industry
- Knowledge of capital markets
- Knowledge of APL Fiserv, VESTMARK, and Bloomberg systems a plus
- Derivatives and/or Fixed Income experience/knowledge a plus
- Proficient with Excel and VBA
- Python, SQL familiarity desired
- Ability to use tools like ChatGPT or Co-pilot to create efficiency in your work a plus
- Strong initiative, desire for self-improvement and continued learning
- Excellent communication, teamwork, interpersonal and conflict resolution skills
Important Notes About the Job
Consistent with SEC regulations Parametric has a code of ethics that limits personal trading. If you actively trade your personal account, friends and family accounts you will be prohibited from doing so as an employee of Parametric.
Parametric believes each member of our organization makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties and qualifications. It is our expectation that every member of our team will offer his/her/their services wherever and whenever necessary to ensure the success of our client services.