Product Development Manager - Traditional Investment Products

Morgan Stanley•Purchase, NY

3d•Onsite

About The Position

Morgan Stanley Wealth Management provides a range of wealth management products and services for affluent individuals, businesses and institutions. These services include brokerage and investment advisory, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust. The Traditional Investments Products business is responsible for supporting more than $2 trillion in assets under management across Separately Managed Accounts (SMAs), Mutual Funds, Money Market Funds, 529 Plans, and ETFs. The group is seeking a highly motivated professional to join the team as a Product Development Manager. In this role, you will be tasked with identifying opportunities to develop new products and services that are designed to enhance the product offering, improve client experience, and increase efficiency.

Requirements

At least 5 years of relevant experience in Wealth Management, Investment Management, product development and management, consulting, or other relevant experience
Active Series 7 and 63 required (must obtain within 6 months of start)
Strong interest is capital markets and product management/development function
Advanced proficiency in MS Office products (Excel, Word, PowerPoint)
Strong quantitative, analytical and data analysis / modelling skills
Excellent executive communication skills - verbal and written
Detail oriented; strong presentation skills; ability to multitask and lead on multiple strategic projects simultaneously
Ability to think creatively and strategically
Motivated, action-oriented self-starter with business ownership mentality
Strong organizational skills
Commercially driven
Strong interpersonal, collaborative, and team skills including ability to work with third party investment managers and Financial Advisors.

Nice To Haves

CFA a plus

Responsibilities

Serve as subject matter expert in traditional investment product categories, developing a strong understanding of the competitive landscape, sales trends, product innovations and the regulatory landscape.
Lead strategic initiatives designed to improve efficiency, enhance the Financial Advisor experience, and drive innovation ensuring Morgan Stanley maintains a leadership position.
Partner with National Sales to provide training and drive product adoption.
Partner with Operations, Technology and Platform teams to streamline processes, develop system enhancements, and improve the overall quality of the platform.
Engage with asset management firms on new product development partnership opportunities.
Partner with internal due diligence team to review, launch, and monitor products.