Morgan Stanley is a global financial services firm that conducts its business through three principal business segments — Institutional Securities, Wealth Management, and Asset Management. Wealth Management provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit & lending, deposits & cash management, annuities, insurance, retirement, and trust services.Morgan Stanley Private Bank, National Association (“MSPBNA”) offers banking and credit products and services, including securities-based lending, mortgage loans and home equity lines of credit primarily to Morgan Stanley Wealth Management’s high net worth clients.MSPBNA is seeking an Assistant Vice President / Vice President – Product Manager who will help lead projects and processes designed to meet the needs of our clients while complying with regulatory, risk, and operational requirements. The role, which sits within the Morgan Stanley Home Loans Product Group, will report to the Executive Director, Home Loans New Product Development, and work closely with Home Loans management and external partners to manage a pipeline of initiatives critical to the growth of the business and to ensuring an exemplary client experience.Position Responsibilities: Lead new product development initiatives from inception to implementation
Drive analysis and recommendations based on data, client and Advisor input, Sales feedback, and Legal / Compliance / Risk guidance
Manage initiatives using project management best practices, including status updates to managers, senior leaders, and key stakeholders
Develop relationships with key stakeholders to ensure collaboration, alignment, and agreement on all initiatives
Handle all internal communications related to new product launches or process enhancements
Partner with Marketing to develop and maintain all product-related materials
Create PowerPoint presentations to supplement initiative reviews, working groups andstatus updates
Schedule and lead meetings and working groups relevant to specific initiatives
May involve participation / ownership in New Product Approval or Program Change Management processes Required Experience: 4-6 years of professional experience in product management or banking services
Working experience in Consumer Banking, Mortgage, Wealth Management and/or top tier consulting firms is a plus
Demonstrated success leading cross-functional, strategic initiatives
BA/BS requiredSkills/Abilities: Strong project management and organizational skills
Ability to utilize data to drive decision making
Self-motivated and able to work independently
Strong relationship building and collaboration skills
Proficiency with Microsoft Office (Excel, PowerPoint)
Focused attention to detail
Creative problem solving
Competency in writing business requirements, mapping process flows, testing, execution
Excellent written and verbal communication skills
Strong relationship building and collaboration skills
Ability to learn quickly about mortgages or expand on past experience in the mortgage industryExpected base pay rates for the role will be between $80,000 and $125,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).Job: Wealth Management Title: Assistant Vice President Home Loans Product Manager Location: New York-New York Requisition ID: 3254290
