Quantitative Risk Analyst Jobs in Minnesota (NOW HIRING)

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 includes 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 ROLE Support the Investment Strategy team in the management, analysis, and development of proprietary liquid alternative investment strategies, including volatility risk premium strategies.

Responsibilities include developing quantitative tools and reporting, monitoring portfolio risk and performance, conducting investment research, and supporting client communications and strategy-related materials. The role works closely with investment strategists, portfolio managers, technology professionals, and other internal partners to maintain and enhance investment processes, support client needs, and contribute to product development. The successful candidate will be intellectually curious, analytical, self-motivated, and comfortable solving open-ended problems in a collaborative and client-focused environment.

PRIMARY RESPONSIBILITES Assist with the development and maintenance of quantitative reports, analytical tools, and monitoring processes used to evaluate portfolio exposures, strategy performance, and investment risks. Support investment strategists and portfolio managers in the ongoing management and analysis of proprietary liquid alternative and volatility risk premium strategies. Gather, organize, and analyze large data sets used in investment analysis, performance attribution, strategy research, and client reporting.

Maintain proprietary databases, models, and Python-based tools, ensuring data and analytical outputs are accurate, consistent, and appropriately documented. Monitor market developments, portfolio risks, and strategy performance, and assist with the preparation of investment commentary, strategy updates, and client communications. Prepare analysis and supporting materials in response to inquiries from clients, consultants, prospects, Financial Advisors, and internal partners, including participation in client reviews and strategy discussions.

Conduct investment research and contribute to internal briefs, presentations, white papers, marketing materials, and other thought-leadership content. Collaborate with investment, technology, operations, sales, and distribution teams to improve analytical capabilities, automate recurring tasks, and enhance investment and client service processes. Develop and maintain a thorough understanding of the firm's proprietary investment strategies, methodologies, and processes.

Other responsibilities as assigned. JOB REQUIREMENTS Bachelor's degree, preferably in a quantitative or financial discipline, required. 2+ years of relevant experience in the investment industry, quantitative research, data analysis, software development, or a related area.

Relevant graduate-level work may be considered toward the experience requirement. Master's degree or progress toward the CFA designation preferred and may be considered in lieu of a portion of the required experience. Programming proficiency in Python or another language used for quantitative analysis.

Proficiency in Microsoft Excel and the ability to learn additional analytical and software platforms. Demonstrated ability to organize, manipulate, and analyze large and complex data sets. Strong analytical, quantitative, and problem-solving skills, with a high attention to detail.

Familiarity with derivatives, options, volatility, or related quantitative investment strategies preferred. Excellent written and verbal communication skills, including the ability to explain quantitative or technical concepts clearly. Demonstrated initiative and responsiveness, with the ability to manage multiple priorities and deadlines.

Strong interest in investments, financial markets, portfolio construction, and quantitative investment strategies. Curiosity about artificial intelligence and emerging technologies, with an interest in responsibly leveraging these tools to improve analysis, research, automation, and team workflows. 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: $70,000 and $140,000 per year

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. Salary range for the position: $70,000 - 140,000/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 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.