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

Morgan Stanley•New York, NY

1h•$125,000 - $225,000

About The Position

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 Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $125,000 and $225,000 per year at the commencement of employment. 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.

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
Skilled in Microsoft Office Suite (Excel, PowerPoint, Word).

Nice To Haves

Understanding of regulatory requirements and industry standards is a plus
Experience with data analysis tools is a plus
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