Manager, Bank Relations and Market Infrastructure - Parametric

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

ABOUT THE TEAM
The Bank Relations and Market Infrastructure team is dedicated to optimizing the firm's vendor and banking partnerships through strategic oversight and operational excellence. The team ensures that vendors deliver high-quality data, superior service, and competitive pricing, while also maintaining robust relationships with banking partners.

ABOUT THE ROLE
The Manager, Bank Relations and Market Infrastructure is responsible for being the central liaison for all vendor, banking and custodian relationships. This role is responsible for developing and implementing frameworks to measure and monitor performance and ensure seamless coordination across contract negotiation, onboarding, integration and ongoing relationship management.

PRIMARY RESPONSIBILITIES

• Central liaison for all vendors, bank and custodian relationships, facilitating effective communication and collaboration.
• Lead contract negotiations and ongoing review of pricing to ensure it's consistent with the market.
• Coordinate the onboarding and integration of new vendors and banking partners to ensure a smooth transition and alignment with firm standards.
• Monitor and evaluate the performance and service levels of all vendors, banking and custodial partners and drive improvement as needed.
• Maintain centralized documentation and access protocols for custodian portals.
• Collaborate with operational teams on service and data issues requiring remediation.
• Monitor and control access to data products.
• Implement access controls aligned with governance policy, audit and compliance standards.
• Conduct periodic reviews and audits of access permissions.

JOB REQUIREMENTS

• Bachelor's degree required
• A minimum of 7+ years of experience in vendor management, banking operations or financial services operations
• Experience working with custodians, banks and financial data vendors
• Experience working with pricing and market data vendors
• Proficiency in contract negotiations and pricing analysis
• Knowledge of audit standards, compliance requirements, and data access protocols
• Strong analytical skills to identify service gaps and drive remediation efforts
• Excellent verbal and written communication skills

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:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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: $110,000 - $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.

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).

Client-provided location(s): Boston, MA, Seattle, WA, Minneapolis, MN

Job ID: Morgan-549793738085

Employment Type: FULL_TIME

Posted: 2025-10-10T18:36:03