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Morgan Stanley

Executive Director, Business Development – U.S.

Morgan Stanley, New York, NY


DescriptionMorgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 2,000 investment professionals in 22 countries around the world and $1.5 trillion in assets under management or supervision as of December 31, 2023. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations, and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.The Hedge Fund Solutions team constructs and manages hedge fund strategies, portfolios, and solutions on behalf of institutional and high net-worth clients through its various pooled vehicles (limited partnerships) and segregated accounts. The Hedge Fund Solutions group currently manages $24 billion of hedge fund investments and is staffed with approximately 75 employees.  It is based in West Conshohocken, Pennsylvania (a suburb of Philadelphia), with additional offices in New York, London, and Hong Kong.  Riverview Omni Fund LP (“Omni”) is a market and factor neutral multi-manager hedge fund within Hedge Fund Solutions. Omni launched in July 2021 and oversees approximately $2.5B AUM. Omni allocates capital to portfolio managers who run fundamental equity relative value and quantitative investment strategies. The Riverview Omni team is seeking a Vice President OR Executive Director of U.S. Business Development, who will be responsible for identifying and evaluating fundamental equity relative value portfolio managers. The successful candidate will report directly to the Head of Fundamental Equities. What You’ll do in the Role Opportunity Identification and Evaluation:Support the investment process by identifying portfolio managers with compelling fundamental equity investment strategies.Conduct strategy and market analysis to assess the opportunity set, participate in onsite meetings with portfolio managers to evaluate sources of return and risk, analyze portfolio fit, and thoroughly document results and support conclusions.Investment Execution:Establish investment thesis and prepare investment proposals and other materials required by the Investment Committee.Collaborate with other functional areas in coordinating the various operational aspects of structuring and implementing investments.Maintain comprehensive manager universes to facilitate peer group analysis and strategy research.QualificationsWhat You’ll Bring to the Role Bachelor’s degree and a minimum 7-10 years of work experience in financial markets.Expertise in the equity long/short investment strategy, particularly market neutral.Strong network of portfolio manager, buy-side and sell-side contacts.Outstanding work ethic, self-motivated with good interpersonal skills.Experience in a relevant discipline and/or CFA.Genuine enthusiasm for financial markets.Demonstrated ability to work effectively in a team-oriented environment.Excellent oral and written communication skills with strong attention to detail.Ability to travel on a regular basis, approximately 20-25% travel required. 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).Wage Transparency Statement Expected base pay rates for the role will be between $200,000 and $300,000 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. Job Field: Asset/Investment Management