Product Manager, Portfolio Margin Offering - Wealth Management Platforms Vice President

Morgan Stanley • Chicago, IL

80d • $110,000 - $180,000

About The Position

We're looking for a senior leader to be part of the team in charge of the new phase of growth in the niche offering of Portfolio Margin. You will work with the Risk Management teams to build the next generation of Products that will enable the firm to manage Trading risk more effectively. The candidate is expected to articulate a clear strategy for the path forward, and get buy in with all the key stakeholders in Risk, Product, Sales and Service and Legal and Compliance teams. The desired candidate should be a self-starter, a problem solver and must be driven to solve complex business issues.

Requirements

• Minimum of 9 years of transferrable experience across work and higher education.
• Proven track record of building and launching new products for retail clients and/or internal stakeholders.
• Deep knowledge of Option pricing models and associated risk management.
• Ability to synthetize and model large data set to extract valuable information that can help deepen understanding of the risk or uncover insight to help better manage the product.
• Experience building and launching client facing applications.
• Experience managing a revenue generating product.
• Risk Management and data modeling is highly desirable.

Responsibilities

• Work with leadership and stakeholders to articulate a clear growth plan with actionable roadmap of deliverables.
• Socialize the plan with the broader organization to gain acceptance.
• Define the client journey to create user persona that will allow the firm to gain a deeper understanding of how these clients interact with the Product.
• Leverage findings to guide the design and building of the next set of Product features aimed at capturing market shares and creating stickiness with current customers.
• Utilize strong analytical skills to identify, evaluate and define complex systems.
• Create product artifacts (business requirements, functional requirements, migration plans, communication plans, project updates for senior management) and gain approval from business and technology leaders.
• Work with Partners in Risk, Sales and Service, UX and channels teams to create the best experience for this group of highly sophisticated clients.
• Drive forward the next phase of growth of a product with high potential to new height but in a very strategic and thoughtful way.
• Work with Risk teams to understand their unique needs and help them build the next generation of tools to help the firm manage risk.

Benefits

• Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans.
• Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually).
• 10 Paid Holidays.
• 401(k).
• Short/Long Term Disability.
• Discretionary bonus component.
• Comprehensive employee benefits and perks.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree