Asia Wealth Management - Advisory Portfolio Management, Vice President, Hong Kong

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals globally. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley provides a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.

Department Profile (IMS)

Morgan Stanley Asia Wealth Management (AWM) is an integrated business within Institutional Securities. Leveraging the Firm’s global institutional securities and wealth management footprint, and its renowned investment banking, capital markets and investment management capabilities, AWM builds holistic relationships with clients and provides them with sophisticated advice, service and products.

Investment Management Services (IMS) is responsible for AWM’s managed solutions and fee-based activity. Fee-based products include mutual funds, hedge funds, private markets and discretionary/advisory mandates. The IMS business encompasses product origination and due diligence, product approval committee, product launch coordination, product documentation, marketing, advisory and trade processing, after-sales support and product monitoring.

Based in Hong Kong, IMS is seeking a highly self-motivated professional to join its Advisory Portfolio Management (APM) team.

About the Role

The Advisory Portfolio Management (APM) professional will collaborate closely with Investment Representatives (IRs) to manage the advisory portfolios of its ultra-high net worth clients. The role interacts directly with clients on a consultative basis to deliver a wide range of market insights and advisory services. This role will provide support to the following core functions: (i) client advisory and account monitoring (ii) fund sourcing and origination (iii) transaction management (iv) business development, further elaborated below.

Duties & Responsibilities

Client Advisory and Account Monitoring

• Provide individualized advisory services as lead/sub-lead advisory portfolio consultant (APC) to clients across asset classes & products, with an emphasis on traditional and alternative investment funds
• Respond to client enquiries and address client feedback
• Monitor account progress and activity, including whole-account and constituent level product performance
• Deliver proactive updates and portfolio implementation advice alongside regular portfolio reviews and ongoing reporting requirements
• Prepare marketing material, proposals and presentations

Fund Sourcing and Origination

• Maintain a network across the asset management industry and stay abreast of new fund opportunities
• Participate in manager meetings/events with a view to generating fund ideas
• Present new investment fund opportunities to the IMS investment committee
• Collaborate with internal teams on the product onboarding lifecycle, including product approval and execution processes

Transaction Management

• Take client orders on APM accounts and collaborate with internal teams for trade execution
• Oversee execution, trade booking and settlement across a range of transactions (including equities, fixed income, FX, OTC derivative products, mutual funds, alternative investments and money market funds)
• Ensure transaction and account compliance with AWM policy and procedure, including product suitability checks and account maintenance requirements
• Handle inward and outward asset transfer requests

Business Development

• Contribute proactively to IMS business development and strategic initiatives
• Participate in franchise events and deliver institutional grade content in partnership with IMS business partners
• Continuously assess and develop business processes with the objective of enhancing advisory calibre and implementation efficiency

Qualifications, Skills and Requirements

• University graduate in business-oriented disciplines
• 4-8 years of professional experience in the financial industry with an analytical background
• A strong interest in institutional research capabilities, financial markets, investment managers and economic dynamics
• Solid understanding of the wealth management industry, and acute to ongoing product and regulatory developments concerning markets and fund products in particular
• A conscientiousness about product risk principles
• Proactive self-starter with the ability to multi-task, manage within tight schedules and work efficiently in a fast-paced environment
• Flexibility, entrepreneurial mindset and meticulousness as key success indicators
• Abundant interpersonal skills, highly collaborative and ability to engage effectively with business stakeholders foster relationships across the investment and wealth management industry
• Excellent communication skills, including writing and public-speaking in English and Mandarin (Cantonese and other languages a plus), with an ability to distil and convey complex information in a coherent and articulate manner
• Advanced proficiency across desktop applications and an enthusiasm for AI tooling

Licenses and Registrations

• Registered, or eligible to be registered, as HKMA Relevant Individual for Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities
• PWMA Certified Private Wealth Professional (CPWP) or certified within 12 months of employment

Internal Applicants

Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal.

Please note that this role/position falls within the scope of the Hong Kong Mandatory Reference Checking Scheme whereby applicants will be required to undergo reference checks from your previous and /or current employers (Authorized Institutions) covering the past seven years. For more information, please see “link” (or) a copy of FAQs for In-Scope Individuals is available upon request

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.

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.