Product Manager Strategic Deposit Initiatives Vice President
@ 625 Morgan Stanley Private Bank,NAProduct Manager Strategic Deposit Initiatives Vice President
About the job
Morgan Stanley is a leading global financial services firm. This role focuses on managing deposit products, driving growth initiatives, and collaborating with teams across Treasury, Legal, and Marketing to enhance client offerings and expand deposit portfolios.
Requirements
- 5-8 years in Finance or Banking
- Experience in banking product management
- Strong project management skills
- Knowledge of retail banking economics
- Ability to manage multiple stakeholders
Qualifications
- Bachelor’s degree in Finance or related
- Excellent communication skills
- Proficiency in MS Office
- Analytical and strategic mindset
- Ability to work independently
Full job description
- Managing existing products and driving projects to develop new initiatives
- Maintaining rigorous project management discipline to ensure key tasks & deliverables are well documented, tracked, and socialized upon delay or completion; providing clear readouts on progress in large stakeholder forums
- Developing product strategy & new requirements despite potential ambiguity, while balancing competing priorities across stakeholders
- Assisting in managing cross-functional & cross-border teams with representatives from Technology, Operations, Marketing, Legal, Compliance, and Finance to launch and implement new initiatives
- Preparing analyses & status updates for senior management, and succinctly communicating on key findings, insights, and progress
- Developing key performance indicators to track progress
- Analyzing competitive strategies across the industry, both domestically & internationally
- Drafting internal, Financial Advisor & client-facing communications
- Supporting Financial Advisors, Private Bankers and the Client Service Center in support of all deposit products and the resolution of any escalated client issues
- Maintaining and updating policies and procedures as needed to accurately reflect changes and enhancements
- 5 - 8 years of professional experience in Finance, Treasury, or Banking Services; experience in Banking Product Management a plus
- Strong understanding of retail and private banking products’ economics, rate environment, and market trends; experience in global/international banking products & product strategy a plus
- Demonstrated success in managing multi-stakeholder products & projects
- Bachelor’s degree in Finance, Economics, Accounting
- Analytical & strategic thinker who is able to tackle unstructured problems with limited guidance
- Self-starter who is able to work independently on multiple tasks; efficient time management skills and attention to detail a must
- Adaptable team player who is willing to learn new concepts quickly & efficiently
- Able to define and evaluate strategies and business use cases
- Strong product intuition and user empathy
- Great presentation and PowerPoint skills, with ability to put together cohesive, senior management-ready decks
- Excellent verbal and written communication skills
- Proficiency in MS Office (Excel, PowerPoint, Access)
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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $110,000 and $190,000 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.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
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