Deposit Product Analyst
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About The Position
Morgan Stanley is a global financial services leader with three core businesses: Wealth Management, Investment Management and Institutional Securities. The Wealth Management Division comprises one of the world's largest networks of Financial Advisors with offices across the United States. Morgan Stanley acquired ETRADE in 2020 to position itself as the industry leader in Wealth Management across all channels and segments, and significantly increases the scale and breadth of the Wealth Management franchise. The recent integration of ETRADE's Banking Services provides an endless opportunity for growth and finding synergies. In this regard, the Morgan Stanley U.S. Banks seek an Analyst to join the product management team and report to the Deposit Product Manager. The Morgan Stanley U.S. Banks (Morgan Stanley Private Bank, National Association and Morgan Stanley Bank N.A.) offer a range of deposit products including brokerage account sweep deposits via the Bank Deposit Program, as well as Savings, CDs, and Global Currency deposit products for Wealth Management clients. Deposit growth is also an important strategic initiative among other responsibilities. The Analyst will help the Deposit Product team grow and manage the host of deposit products offered by Morgan Stanley Banks through both the legacy Morgan Stanley advisor based channel as well as the ETRADE self-directed channel. To help meet the Firm's goals in growing balances across these channels, this role will consist of a mix of Project Management responsibilities, reporting, data analytics, and research. The Analyst will also execute product initiatives in collaboration with functional partners; respond to inquiries from Private Bankers, Advisors, Managers, and others; and execute routine product management functions. In this role there are tremendous opportunities to learn the fundamentals of banking, work with the team on product development and refinement, present to and be recognized by senior-level management while partnering across Morgan Stanley. This role encourages collaboration and is perfect for a team player interested in learning and growing with the firm.
