Product Development Manager - Traditional Investment Products

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.

Position Summary

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:

Key responsibilities will include but are not limited to the following:

• 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.

E x perience

• 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)
• CFA a plus

Skills/Abilities

• 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.

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.

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Expected base pay rates for the role will be between $57,000 and $115,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

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