Apply on Employer Site

E*TRADE from Morgan Stanley · 4 months ago

Real Assets Sustainability US - Investment Management - Senior Associate

New York, New York, United States of America

Full-time

Onsite

Entry, Mid, Senior Level

$135K/yr - $155K/yr

5+ years exp

Morgan Stanley is a leading global investment management firm, and they are seeking a Senior Associate for their Real Assets Sustainability team. This role will manage the development and implementation of sustainability strategies across the global real estate portfolio, collaborating with internal teams and external partners to enhance sustainability performance and drive value creation through sustainable initiatives.

BankingFinanceFinancial Services

Responsibilities

Develop and implement the ESG strategy for the Global Real Estate Fund, ensuring alignment with Article 8 EU SFDR requirements

Lead the integration of sustainability practices across all stages of the investment process, from acquisition and due diligence to asset management and exit

Establish key performance indicators to monitor and report on the sustainability performance of assets, ensuring continuous improvement

Collaborate with internal and external teams to ensure maximized accuracy, consistency and coverage of ESG data

Assist in assessing the viability of Article 8/Article 9 (aligned with EU’s Sustainable Finance Disclosure Regulation) compliant strategies for select REI funds with support from in-house legal and compliance team

Lead external ESG reporting aligned with third-party guidelines (e.g., INREV Sustainability Reporting Guidelines, SFDR disclosures, UN PRI, GRESB, UK Stewardship Code)

Responsible for responding to ongoing investor ESG DDQs/requests

Collaborate with internal teams to support development and implementation of fund/asset operational efficiency strategies such as energy efficiency, solar, shadow meters, electrification, pursuing green building certifications, etc

Manage ESG consultants (develop the scope of work and contracts, oversee appointments and performance and maintain preferred supplier list)

Conduct asset-level climate-related risk assessment and complete portfolio-wide analysis leveraging climate risk tools and the Carbon Risk Real Estate Monitor (CRREM) across REI funds

Create asset-level resilience plans in collaboration with external consultants, asset managers and insurance team

Prepare and lead quarterly regional sustainability council meetings

Provide regular updates and presentations to senior management, ensuring alignment on ESG strategy and fund performance

Source or develop, and deliver content to educate investment teams (e.g., monthly webinars, newsletters), ensuring they have the knowledge and tools to effectively integrate sustainability considerations into their daily work

Stay abreast of global sustainability regulations and standards, ensuring the portfolio's compliance and advising on potential impacts to the portfolio

Qualification

Strategy developmentReporting frameworksClimate risk assessmentReal estate experienceProject managementAnalytical skillsMarketing expertiseCommunication skillsCollaboration skills

Required

Graduate or undergraduate degree holder

5+ years of experience working in a real estate / real assets business and specifically within an ESG/sustainability capacity

Experience with ESG reporting frameworks including PRI, GRESB, TCFD, SFDR, EU Taxonomy

Strong interest and understanding of key ESG real assets topics, such as renewable energy, energy management climate risk and carbon offset market

A strong foundation in business, finance, and/or related fields, evidenced by a relevant degree, appropriate industry qualification and/or relevant work experience

Excellent communication skills: ability to influence people and engage with internal/external stakeholders

Excellent research and analytical skills and the ability to present the conclusions of your analysis in a clear and well-structured manner

Marketing and communication expertise

Good project management skills and ability to translate policy into implementation

A track record of cross-functional collaboration and consensus building, with superior ability to demonstrate leadership skills and collaborate across teams