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$64

How much do parametric jobs pay per hour?

As of Jun 23, 2026, the average hourly pay for parametric in the United States is $31.27, according to ZipRecruiter salary data. Most workers in this role earn between $23.08 and $35.10 per hour, depending on experience, location, and employer.

What is the difference between Parametric vs Mechanical Drafter?

AspectParametricMechanical Drafter
Required CredentialsTechnical certifications, CAD trainingTechnical certifications, CAD training
Work EnvironmentDesign firms, manufacturing companiesEngineering firms, manufacturing companies
Industry UsageProduct design, engineering projectsMechanical design, drafting
Common Search/ComparisonYesYes

Parametric drafters focus on creating models using parametric design principles, emphasizing flexibility and automation. Mechanical drafters primarily produce detailed technical drawings for manufacturing. While both roles require CAD skills and similar credentials, parametric drafters often work more with 3D modeling software, whereas mechanical drafters focus on detailed 2D drawings. Understanding these differences helps job seekers identify the right career path in engineering and design fields.

What are the key skills and qualifications needed to thrive as a Parametric Insurance Specialist, and why are they important?

To excel as a Parametric Insurance Specialist, you need a solid understanding of insurance principles, data analytics, and risk modeling, typically supported by a degree in finance, mathematics, or actuarial science. Familiarity with industry-standard platforms like RMS, catastrophe modeling tools, and relevant certifications such as CPCU or ARe are advantageous. Strong analytical thinking, attention to detail, and effective communication skills help you interpret data and collaborate with clients and underwriters. These competencies ensure accurate product design, risk assessment, and clear client communication in this data-driven insurance sector.

Is Parametric a good company?

Parametric is a financial services firm known for quantitative investment strategies and risk management. The company's reputation depends on individual experiences and industry performance, and it typically requires strong analytical skills and proficiency with financial tools. Job seekers should research company reviews and industry standing for a comprehensive view.

Is Parametric a Morgan Stanley company?

Parametric is an independent investment management firm specializing in customized quantitative strategies and ESG investing. It is not a Morgan Stanley company but may collaborate with or serve clients of large financial institutions. Job roles at Parametric typically require strong analytical skills and proficiency with financial modeling tools.

What are parametric jobs?

Parametric jobs typically refer to roles that involve working with parametric models, which use parameters to define and manipulate complex data or systems. In fields like engineering, architecture, and finance, parametric jobs often involve using software to create dynamic models that can be easily adjusted by changing key parameters. These professionals may analyze data, optimize designs, or develop simulations to improve efficiency and outcomes. Parametric roles require strong analytical skills and familiarity with specialized tools or programming languages.

How much does a parametric investment analyst make?

A parametric investment analyst typically earns a salary ranging from $70,000 to $120,000 annually, depending on experience, location, and the firm. Compensation may also include bonuses and benefits, especially in financial services environments that value quantitative and analytical skills.

What are some common challenges faced by professionals working in parametric modeling roles, and how can they be addressed?

Professionals in parametric modeling roles often encounter challenges such as managing complex data sets, ensuring model accuracy, and adapting to evolving project requirements. Effective collaboration with engineers, architects, or designers is essential to align models with real-world constraints and objectives. Staying current with software updates and industry best practices can also help address technical hurdles. Proactive communication and continuous learning are key strategies for overcoming these challenges and delivering high-quality parametric solutions.

What is parametric under Morgan Stanley?

A parametric role at Morgan Stanley typically involves developing and managing quantitative models, algorithms, or financial products that rely on predefined parameters. These roles often require strong skills in mathematics, programming, and financial analysis, and may involve working with trading strategies, risk management, or structured products within the firm's investment or trading divisions.
More about Parametric jobs
What cities are hiring for Parametric jobs? Cities with the most Parametric job openings:
What states have the most Parametric jobs? States with the most job openings for Parametric jobs include:
Infographic showing various Parametric job openings in the United States as of June 2026, with employment types broken down into 48% Full Time, 50% Part Time, and 2% Contract. Highlights an 47% Physical, 3% Hybrid, and 50% Remote job distribution, with an average salary of $65,035 per year, or $31.3 per hour.
Lead Business Analyst - Parametric

Lead Business Analyst - Parametric

Morgan Stanley

Alpharetta, GA • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Morgan Stanley rating

8.3

Company rating: 8.3 out of 10

Based on 147 frontline employees who took The Breakroom Quiz

39th of 138 rated financial services


Job description

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 is 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 requires working in the office 3 days a week and choosing to work remotely or in the office the remaining days of the week.
ABOUT THE TEAM
The Platform Solution Management team at Parametric is responsible for defining and enabling cross-platform business solutions that meet evolving client needs. These solutions may include products, services, or systems that deliver value to internal and external stakeholders. Operating at the intersection of business, client, and technology, the team collaborates across functions to define solution vision, roadmap, and capabilities, and partners with engineering teams to deliver scalable technology products.
ABOUT THE ROLE
The Lead Business Analyst is a high-impact individual contributor with potential management responsibilities. This role partners with business and technology teams to deliver technical products from inception through ongoing maintenance, supporting enterprise transformation at Parametric.

The role requires a proactive, self-directed individual who engages cross-functional partners, drives alignment, and independently identifies and resolves issues. As part of a broader Solution Management and Business Analysis team, this role models best practices in stakeholder engagement and business analysis.

What Success Looks Like

  • Translate business needs into clear, actionable requirements and analysis artifacts that enable efficient design, development, and delivery with minimal rework.
  • Drive alignment across business and technology stakeholders by facilitating decisions, clarifying tradeoffs, and surfacing risks, dependencies, and impacts early.
  • Improve solution quality and business adoption by supporting effective user testing, validating readiness for production, and helping teams implement changes successfully.
  • Lead complex, cross-functional analysis efforts with a proactive, enterprise-minded approach that connects process, data, and technology decisions to broader business outcomes.
  • Model strong business analysis practices through high-quality documentation, stakeholder engagement, and effective use of tools, including AI, to improve team productivity and outcomes.

PRIMARY RESPONSIBILITES

  • Conduct user research and requirements elicitation with business partners to define the business need, clarify impacts, and translate findings into clear analysis deliverables.
  • Gather, analyze, and document business requirements to support design and development, including current and future state workflows, user stories, acceptance criteria, data mappings, and wireframes or prototypes as needed.
  • Partner with business stakeholders, developers, and cross-functional teams to align solution direction, advocate for business needs, and identify dependencies across systems, data, and processes.
  • Facilitate cross-functional meetings and workshops that drive decisions on target operating models, business processes, and data-related policies.
  • Support solution delivery by contributing to backlog development and prioritization, advising development teams and product owners on business-facing enhancements, and adapting effectively to Agile or other ways of working.
  • Assist with user acceptance testing, validate production readiness and completeness, and support successful business adoption of delivered solutions.
  • Apply strong knowledge of Parametric's asset management business, technology landscape, and enterprise objectives to inform analysis, recommendations, and future-state decision-making.
  • Use AI and other tools to improve the quality, efficiency, and strategic value of analysis work products and solution outcomes.

JOB REQUIREMENTS

  • Bachelor's degree required
  • Minimum of 8 years of experience in business analysis
  • Strong domain knowledge of asset management and equity direct indexing
  • Communicate effectively, both verbally and in writing, with peers, technology colleagues, and business partners, including strong questioning and listening skills
  • Tailor communication to the audience, delivering clear and concise messaging appropriate to their level of understanding and interest. Document meetings and work, and communicate decisions through concise written content
  • Strong experience in querying, mapping and documenting data
  • Advanced experience working with Agile/Lean/Kanban software development processes
  • Advanced skills using a variety of tools to document workflows and data mapping, including but not limited to Excel, Visio, Lucid, and Figma
  • Understanding of analysis and documentation goals throughout the project lifecycle
  • Ability to learn quickly and adapt in a fast-paced, high-demand environment
  • Ability to independently manage personal timelines and meet deadlines
  • Ability to successfully manage multiple initiatives and deliverables simultaneously
  • Experience prototyping with AI capabilities
  • Advanced skills using data analysis tools including SQL, Excel, Visio, Lucid, Figma, Tableau, and Python


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.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Salary range for the position: $115,000 - $225,000/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.

Expected base pay rates for the role will be between $115,000 and $225,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.


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