Parametric - Operations Analyst Cohort, Summer 2027 Grads

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services.

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. Learn more here: https://www.parametricportfolio.com/about

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, Boston, Minneapolis and Alpharetta, GA

Excellent opportunity for recent or soon to be 2027 graduates! Office Locations: Seattle, Boston, Minneapolis, Alpharetta

SUMMER COHORT STARTS - July 2027

ABOUT THE OPERATIONS ANALYST PROGRAM

The Operations Analyst Program is an early-career development opportunity for driven recent and soon-to-be graduates who want to launch a career at the intersection of investment management, operations, data, and technology. Analysts use analytical, technical, and collaborative skills to help deliver operational excellence, solve business challenges, and improve outcomes for clients.

As investment operations evolve through data, automation, and AI, analysts gain hands-on experience supporting business-critical investment processes while helping identify opportunities to improve how work gets done. Through ownership of operational processes and exposure to continuous improvement, data analytics, automation, workflow design, and AI, analysts strengthen controls, improve decision-making, and contribute to scalable solutions that support clients and business growth.

Over three weeks, Analysts begin as a cohort with an immersion in Parametric's investment strategies, operating model, and Operations organization. Following onboarding, analysts join teams supporting Market, Client, or Control functions, where they develop domain expertise, learn business-critical workflows, and build an end-to-end understanding of how Operations supports clients, portfolios, risk management, and business growth.

Operations teams are responsible for the execution, oversight, servicing, and control activities that support the investment lifecycle. Analysts work closely with teammates and stakeholders across the organization to execute processes accurately, resolve operational challenges, improve controls, and deliver exceptional client outcomes.

In addition to their core team responsibilities, analysts may collaborate with specialized teams within Operations focused on process transformation, analytics, workflow modernization, automation, and AI-enabled solutions. Partnering with subject matter experts across Market, Client, and Control functions to identify opportunities, redesign processes, and implement scalable improvements that enhance operational effectiveness. Through this partnership, analysts may gain exposure to transformation initiatives while continuing to build deep operational expertise.

The program is designed for people who are curious about how businesses operate, motivated to improve processes, and eager to continue learning. As business needs evolve, analysts may gain exposure to different Operations functions, participate in cross-functional initiatives, or contribute to transformation efforts, broadening their knowledge, experience, and skill sets.

WHAT YOU'LL DO AND LEARN

• Learn Parametric's investment strategies, operating model, and business-critical Operations workflows, and understand how Market, Client, and Control functions support clients, portfolios, risk management, and business growth.

• Learn and execute business-critical investment operations workflows accurately and on time. Responsibilities may include activities such as cash and position reconciliation, trade lifecycle support, client servicing, corporate actions, account onboarding and maintenance, contracts, oversight activities, and billing, depending on team assignment.

• Develop an end-to-end understanding of assigned processes, including activities, decisions, systems, data flows, controls, handoffs, and upstream and downstream dependencies.

• Investigate exceptions, breaks, recurring operational issues, and client-impacting events using structured problem-solving and data analysis. Identify root causes, assess impacts, and recommend sustainable solutions.

• Partner with Operations teams, portfolio managers, traders, sales, product management, technology teams, external providers, and other stakeholders to resolve issues, improve handoffs, and support business priorities.

• Perform quality control and verification activities, maintain accurate records and documentation, and help ensure operational processes meet established policies, procedures, and control standards.

• Analyze operational and investment data to identify patterns, anomalies, trends, bottlenecks, and emerging risks. Build reports, dashboards, or analytical tools that turn data into actionable insights and improvement opportunities.

• Identify opportunities to simplify, standardize, automate, or redesign workflows and contribute to process mapping, requirements gathering, testing, implementation, and adoption activities.

• Collaborate with Automation, Reinvention & Collaboration (ARC) and other partners on process-improvement initiatives, workflow modernization efforts, analytics projects, automation solutions, and AI-enabled capabilities.

• Use or learn tools such as Excel, Alteryx, Tableau, Power BI, SQL, Python, workflow automation platforms, process-modeling tools, and approved AI solutions, as appropriate to the assignment.

• Contribute to operational excellence, analytics, automation, or process-improvement initiatives and present findings, recommendations, and outcomes to team members and business partners.

WHAT YOU'LL BRING

• Associate or bachelor's degree completed by the program start date. Relevant fields may include industrial, process, or systems engineering; operations research; supply chain; data science or analytics; computer science; information systems; mathematics; statistics; finance; accounting; economics; or a related analytical, business, or technical field. Candidates from other majors with relevant quantitative, technical, or process-improvement experience are also encouraged to apply.

• Strong analytical and problem-solving skills, including the ability to break down ambiguous issues, work with data, identify root causes, and form well-supported conclusions.

• A systems-thinking and continuous-improvement mindset, including curiosity about how people, processes, data, controls, and technology interact end to end and a desire to make work simpler, more accurate, efficient, scalable, and controlled.

• High attention to detail and a commitment to quality, sound judgment, risk awareness, responsible use of data and technology, and positive client outcomes.

• Clear written and verbal communication skills, with the ability to collaborate effectively with teammates and stakeholders and communicate complex ideas in a clear and organized manner.

• Ownership, learning agility, adaptability, and the ability to prioritize effectively in a collaborative, deadline-driven environment.

• Experience using spreadsheets to organize and analyze information and communicate findings, or the ability to learn quickly.

• Strong interest in building a career at the intersection of investment management, operations, process improvement, data, and technology.

• Ability to work full-time (40 hours per week) by the program start date.

Preferred Qualifications

• Coursework, internships, or project experience involving process mapping, continuous improvement, business analysis, data analysis, automation, workflow design, programming, analytics, or AI.

• Exposure to one or more tools such as Alteryx, Tableau, Power BI, SQL, Python, workflow automation platforms, process-modeling tools, version control platforms, or similar technologies.

• Familiarity with financial markets, investment management, or business operations. Prior investment operations experience is not required.

• Experience contributing to a cross-functional project, presenting recommendations, developing a prototype, or helping others adopt a new process, workflow, or technology solution.

Salary & Benefits: Set at $28.85 per hour ($60,000 annualized base), eligible annual bonus and for overtime. Cohort starts July, 2027!
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.

Relocation assistance is not provided for successful candidates.

Alpharetta Office: 1 Edison Drive Alpharetta, GA 30005
Boston Office: One Post Office Square, Floor 21 Boston, MA 02109
Seattle Office: 800 Fifth Avenue, Suite 2800 Seattle, WA 98104

Minneapolis Office: 3600 Minnesota Drive, Suite 200 Minneapolis, MN 55435

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: $60,000-$90,000/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).

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.