HNW Lending - Credit Policy & Platform Manager- Vice President
About The Position
Morgan Stanley is a global financial services leader with three core businesses - Institutional Securities, Asset Management, and Global Wealth Management. Global Wealth Management has almost 16,000 Financial Advisors and Private Wealth Advisors - one of the world’s largest networks of Financial Advisors. Morgan Stanley has expanded its suite of world-class banking and lending products exclusively for Financial Advisors and their clients. In addition to our comprehensive financial services, which include brokerage, investment advisory, financial and wealth planning, annuities, insurance and retirement, Morgan Stanley has enhanced its lending, mortgage, trust, and cash management capabilities. Morgan Stanley Private Bank (MSPBNA) continues to be a key element of the Global Wealth Management strategy. There is continued emphasis on growth in this core product offering. Morgan Stanley continues to make considerable investments in this business in terms of strategic platform, and personnel. Job Description/Position Responsibilities The High Net Worth Lending (HNWL) Product Management team is strategically focused on developing and executing plans that will position the HNWL Business for continued revenue growth, operational efficiency, and service excellence. The person in this role is specifically responsible for supporting Credit Policy and Platform Enhancement initiatives that improve the offering and control effectiveness of our product suite, including Liquidity Access Line (LAL), Line of Credit (LOC) and Margin offerings and drive continuous experience enhancements.
Requirements
- Seven plus years of Securities Based Credit and Lending business, risk, or operations experience is required
- Demonstrated success running and leading business improvement and transformation initiatives
- Experience working across various functional areas Legal, Compliance, Finance, Technology and Operations are key
- Bachelor’s degree or equivalent experience is required
- Ability to organize and execute projects and setting strategic direction
- Business Analysis and Project Management skills required
- Energetic person with the ability to demonstrate positive initiative and leadership in a demanding environment
- Excellent communication and collaboration skills to work with and gain the confidence of cross-functional colleagues
- Ability to successfully motivate team members outside their direct reporting line
- Detail orientation with strong organizational and analytical skills
- Ability to quickly learn and understand the suite of all Banking & Lending products and interconnections
- Communicate and set expectations appropriately to management and colleagues
Nice To Haves
- Experience within a brokerage firm or bank providing securities based and margin loans are a plus
Responsibilities
- Provide business management oversight of partner teams including operations, credit, and other teams to ensure performance and risks are properly being managed and client and field experience is maintained
- Lead and direct project activities, meetings, understand dependencies, and manage timelines
- Perform business analysis and requirements documentation
- Coordinate engagement of Operations, Technology and Business partner resources and subject matter experts
- Manage issues and decisions to timely resolution.
- Communicate with senior management teams to escalate/resolve project conflicts & needs
- Drive collaboration across Lending to achieve our business goals, platform, and process improvements by forming key partnerships with Legal, Compliance, Sales, Field, Risk, Operations, Finance, Technology and others
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
