CALVERT FIXED INCOME ESG RESEARCH SPECIALIST (Sr. Associate)
Morgan Stanley
Application
Details
Posted: 19-Jun-24
Location: Boston, Massachusetts
Type: Full-time
Salary: Open
Internal Number: 20901860
Morgan Stanley Investment Management (MSIM"), together with its investment advisory affiliates, has more than 1,100 investment professionals around the world and $1.6 trillion in assets under management or supervision as of December 31, 2021. 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.
Morgan Stanley Investment Management's Emerging Market Debt Department manages over $15 billion across multiple absolute return, fixed income, and equity investment strategies. The group employs a top down, country by country investment process that focuses on analyzing the political and economic conditions in countries around the globe. Its funds' investment strategies employ a wide range of financial instruments including sovereign and corporate credit, foreign exchange, interest rate and credit derivatives, commodities, and equities. The department invests directly in almost all global markets and frequently in emerging and frontier markets. Work with portfolio managers and traders on the management and implementation of the portfolios along with projects to identify investment ideas to improve investment performance.
Calvert Research and Management (CRM") is a leader in Responsible Investing. Our mission is to deliver superior long-term performance to our clients and to enable them to achieve positive impact. Calvert Research and Management is headquartered in Washington DC and is a wholly owned subsidiary of Morgan Stanley, operating within Morgan Stanley Investment Management (MSIM). For more information, visit www.calvert.com
Calvert Research and Management has approximately $36.5 billion of mutual fund and separate account assets under management as of September 30, 2021. The company traces its roots to Calvert Investments, which in 1982 launched the first mutual fund to avoid investment in companies doing business in apartheid-era South Africa. Today, the Calvert Funds are one of the largest and most diversified families of responsibly invested mutual funds, encompassing actively and passively managed U.S. and international equity, fixed and floating-rate income, and multi-asset strategies.
BASIC PURPOSE
We are seeking a Fixed Income ESG Research Specialist who is passionate about the impact company behavior has on society, the environment and on corporate performance and has experience integrating ESG considerations in the investment process. An ideal candidate will bring passion for, and a basic understanding of, governance topics and environmental and social issues, along with an understanding of how these issues can impact an investment thesis. S/he will be able to communicate views clearly, will be credible with company management teams as well as clients, will enjoy acting as an individual contributor within a highly collaborative investment culture, and will thrive by building strong relationships with colleagues.
PRIMARY RESPONSIBILITIES - Partner closely with the MSIM Fixed Income team (analysts, portfolio managers, traders and portfolio specialists) to consistently incorporate ESG analysis into the investment process. - Work with Calvert analysts to maintain models which reflect our materiality matrix for the purpose of differentiating companies and securities based on their ESG performance, identifying ESG key performance indicators that have proven to be most impactful on stock and fixed income prices and integrate into research framework - Produce forward-looking ESG sector theses which address current and emerging ESG issues - Seek and evaluate sources of information regarding ESG policies and performance of corporations and other issuers of fixed income securities - Partner with research analysts to identify & incorporate ESG factors into investment analysis (credit notes, comp tables, etc.) and relate the information to bond valuations. - Take part in Fixed-Income focused issuer engagement efforts (company dialogues, market level initiatives) in close collaboration with fundamental research analysts and the Calvert Stewardship & Engagement Team - Contribute to our team's proprietary knowledge of ESG factors and materiality - Assist in creating a productive, collaborative, and innovative team culture, including facilitating the team's professional development - Contribute to original research - Bachelor's degree in Finance, Economics, Business or related fields in the Sustainability space; Master's degree a plus. - 2 to 5 years of experience in the investment management industry, preferably with experience in ESG investing. - Knowledge of fixed income asset classes and strategies - Passion for aligning financial returns with societal impact. - Advanced MS Office (Word/PowerPoint/Excel) skills. - Excellent verbal and writing skills in English. - Excellent interpersonal and organizational skills. - Strong work ethic and positive attitude. - Self-motivated, work individually or as part of a team. - Ability to work under pressure to meet tight deadlines. - Experience with financial tools and databases (e.g., Bloomberg, FactSet, MSCI)
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).
Applicants may be asked to provide an academic transcript to support proficiency with respect to certain technical skills required for the role.