Alternatives Investment Product – Product Development – Senior Associate / Vice President

Morgan Stanley•New York, NY

3d•$125,000 - $225,000

About The Position

Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.7 trillion in assets under management or supervision as of June 30, 2025. 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. The Product Development team is part of MSIM and manages portfolios of private credit, private equity, private real estate, private infrastructure, hedge fund strategies, multi-asset alternative investments and custom accounts on behalf of institutional and high net worth clients. The MSIM Alternatives Product Development team is responsible for overseeing all aspects of fund launches for private equity, private credit, real estate, infrastructure and hedge funds. The team partners with portfolio manager during the creation, design, and execution phases of these fund launches. The team leads initiatives with the sales and distribution team on competitor analysis The team also equips the Sales and Distribution Teams with current market updates, competitor analysis and trends in efforts to develop and maintain the product development pipeline. This Product Development position will assist in the development and enhancement of alternatives investment products and services. The Analyst will work closely with senior team members and cross-functional groups to help drive innovative solutions and support the successful launch and management of alternatives products.

Requirements

Bachelor’s degree in Business Administration, Finance, Economics, or a related field
5-9 years of experience in product development, product strategy, financial analysis, or a related role within the banking or financial services industry
Strong analytical, problem solving, organizational and project management skills
Proven interpersonal and communication skills, both verbal and written
Understanding of regulatory requirements and industry standards is a plus
Skilled in Microsoft Office Suite (Excel, PowerPoint, Word).
Experience with data analysis tools is a plus

Nice To Haves

Prior alternatives experience preferred

Responsibilities

Work with investment team to understand strategy and opportunity
Advise investment teams on appropriate fund structures and terms based on the investment strategy, target client base and competitive intelligence.
Collect competitive intelligence– fundraising, fees and other terms as available from databases, Sales and MSWM as appropriate
Conduct market research to gather insights on trends, customer needs, and competitive activities
Analyze competitor research data to identify opportunities for new products or improvements to existing offerings
Contribute to product development process through product design and launch activities including accessing sales demand, determine optimal fund structures and fund terms, preparing product approval materials and reviewing fund legal documents
Establish working group including investment team, sales and all support functions (e.g., Operations, Tax, Marketing, Legal and Compliance, Risk, Finance, Client Services, Technology) and manage periodic working group meetings to ensure smooth product development and adherence to product launch timelines
Assist in tracking product performance and preparing reports on key metrics and findings
Determining fund terms in conjunction with the investment team, sales and MSWM as appropriate, and as informed by competitor data.
Utilize data analysis tools for decision-making and product enhancements
Assist MS Wealth Management (MSWM) on their investment and operational due diligence process, including coordination of meetings with investment team and other team members, providing all requested information, responding to questions, and participating in MSWM’s approval meetings as requested.
Provide support in organizing meetings, presentations, and special projects as needed