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Associate Contract Manager - Parametric

$70,000- $150,000/ year
Posted May 22
Full Time
HybridSeattle, Washington

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

About Parametric

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 2-3 days a week and choosing to work remotely or in the office the remaining days of the week.

About The Team

The Client Relations Group (CRG) at Parametric builds meaningful relationships with clients by closely collaborating with sales teams and internal partners to deliver exceptional client service for accounts and client activities. CRG is comprised of teams and functions including Client Service (client relationship building and service), Client Experience (special client service initiates to support the client experience), Contract Management (manage contract lifecycle and record retention), and Client Operations (new account workflow, activities, billing, and audit/oversight).

About The Role

This role will have a focus on Parametric's contracts management process, including investment management and subadvisory agreements. This role provides minimal negotiation of contract terms and conditions, and is primarily responsible for creating standard contracts (which may have non-standard fees), following contracting policies and procedures and maintaining contract repositories. This role will utilize knowledge of technology and Parametric's contract management (CLM) tool to work with teams to develop additional contract management workflows and improve optimization. This role will engage with a variety of internal business partners across Parametric.

Primary Responsibilities

 

  • Assume primary day to day responsibility for client contracts in the retail Separately Managed Account (SMA) business, including drafting and reviewing standard investment management agreements with non-standard guidelines and/or fees, amendments, and other documents for the SMA business
  • Partner with legal, product and other internal teams to manage contracts and obtain appropriate signatures
  • Track and manage the end to end process from kickoff to full execution and digital storage of all client agreements and related documents
  • Ensure all contract data and information is appropriately entered into CLM tool
  • Develop, maintain and document team data analysis (Excel skills include: power queries, pivot tables, v-lookup, etc.)
  • Support metadata extraction from CLM tool, including mass upload/download
  • Manage projects, including project trackers, meetings, and email communications to various stakeholders
  • Other tasks, as required

Job Requirements

– Bachelor’s degree

– 3-5+ years’ experience in contract management

Preferred

– Prior experience in financial services preferred

– Proficiency with MS Office, with demonstrated success and ability to leverage complex-to-advanced tools from pivot tables to macros and scripts, among others, for project/analysis efficiency

– Excellent ability to work well in a fast-paced, dynamic environment, which may involve handling many tasks simultaneously, while maintaining accuracy

– Highly motivated and hardworking, with a passion for excellence

– Strong organizational, writing and editing skills

– Ability to aptly summarize key contractual concerns to and on behalf of business units

– Strong communicator and team player, with ability to collaborate with colleagues across the firm regardless of function or level

– Prior experience and familiarity with Agiloft CLM tool preferred

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.

Salary range for the position: $70,000-$150,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

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).

Posting Date

Apr 26, 2024

Primary Location

Americas-United States of America-Washington-Seattle

Education Level

Refer to Position Description

Job

Asset/Investment Management

Employment Type

Full Time

Job Level

Associate