Separately Managed Accounts (SMA) Product Development Lead

Morgan Stanley • New York, NY

2d • $110,000 - $185,000

About The Position

Mo r g an S t an l ey We a lt h M a na g e m ent p r o v ides a r an g e of w e a lt h m ana g e m ent p r o duc t s and s er v i c es f or a f fl u ent i nd i v i d u a l s, bu s i n e s s e s a nd i n s t i t u t i on s . T he s e s e r v i c e s i n c l ude b r o k e r a g e and i n ve s t m ent ad v i s o r y , fi n an c i al a n d w ea l t h p l an n i n g , c r e d i t and l en d i n g , cash m ana g e m en t , annu i t i es a nd i nsu r an c e, r e t ir e m ent a nd t r u s t. Position Summary The Investment Solutions Product Development team is responsible for supporting more than $1 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 the Product Development Manager leading SMAs. 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)
• 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 SMAs, 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 and client experience, and innovate ensuring Morgan Stanley remains a leader in the product categories.
• Partner with National Sales to provide training, drive product awareness, and adoption of the businesses.
• Partner with Operations, Technology and Platform teams to streamline procedures, 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees