Trading Product Manager – Assistant Vice President

Morgan Stanley•Chicago, IL

About The Position

We’re seeking an experienced candidate with a solid background in Retail Trading platforms. Knowledge of retail brokerage operations and trading including equities, options, and futures trading is necessary. Additional knowledge around trading tools and features such as options chains, charts, buying power, and margin and risk vetting systems will be a valuable skill set. The primary responsibility of the position is to lead initiatives within the Trading Product team to implement new products or features that will enhance the client experience. The role requires the candidate to oversee the end-to-end product development lifecycle - including requirements gathering, development support, pre and post launch strategy - for a variety of products in the assigned portfolios. The desired candidate should be a self-starter, a problem solver and must be driven to solve complex business issues. About Morgan Stanley Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow. Department Overview In the Wealth Management division, we help people, businesses and institutions build, preserve, and manage wealth so they can pursue their financial goals Wealth Management (WM) Platforms manages industry-leading platforms, across all WM channels and client segments, to provide a unified digital experience, unlock growth, and deliver efficiencies for Advisors, Clients, and Institutions. WM Platforms consists of ten sub-teams including: Field Experience & Platforms, Digital Client Experience & Platforms, Workplace Platforms, Automation & Workflow, Digital Trading & Investing, Generative AI, UX Design & Research, Strategy & Execution, WM Platforms Risk, and the Chief Operating Office. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

Requirements

5 years of experience in Product Management preferably in the Financial Services Industry
Bachelor's degred
2+ years of relevant work experience managing the end-to-end product life-cycle for digital products in the brokerage and/or Finance industry
Excellent understanding of Equities/Options/Futures trading, and trading platforms
Ability and willingness to learn how to lead product development initiatives through an agile framework using epics and user stories
Ability to engage and find opportunities beyond individual responsibilities
Excellent written and verbal communication skills
Ability to clearly articulate complex ideas to a diverse audience
Strong organizational skills to work on multiple projects simultaneously on time and within budget delivery
Demonstrates effectiveness in a fast-paced, demanding, client-driven environment
Strong understanding of the retail client and ability to view proposed solutions through the eyes of the client
An energetic person with an entrepreneurial attitude

Responsibilities

Lead new initiatives to introduce new functionality designed to enhance the trading experience
Perform in depth analysis with key stakeholders to identify areas of revenue opportunities and put forward a plan to implement required changes
Assist and lead, where applicable, in developing and communicating strategy for individual products based upon understanding of market, competition, regulatory, and legislative trends
Work with Risk and Service partners to identify system or experience gaps that need to be addressed.
Provide Product Support: Research and resolve complex issues related to assigned products or core competency
Work with various stakeholders through the agile framework to fix existing issues and/or bring new initiatives to light.
Work and build solid relationship with key stakeholders - including Operations, Customer Service, Marketing, Technology and Quality Assurance teams - to deliver simple, elegant and defect free products
Champion new products throughout the organization
Conduct and monitor the competitive landscape and propose actionable recommendations aligned with the company's roadmap

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
annual discretionary incentive compensation award
discretionary bonus component