Manager, Bank Relations and Market Infrastructure - Parametric

Manager, Bank Relations and Market Infrastructure - Parametric

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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

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.

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 maintaining robust relationships with banking partners.

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

• Central liaison for all vendors, bank and custodian relationships, facilitating effective communication and collaboration.
• Lead contract negotiations and ongoing review of pricing to ensure consistency 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.

• 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.

We are committed to maintaining the first‑class service and high standard of excellence that has defined Morgan Stanley for over 89 years. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity…