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AVP, High Net Worth Lending Platform Product Manager
Morgan Stanley New York, NY
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$141k-175k (estimate)
Full Time 5 Days Ago
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Morgan Stanley is Hiring an AVP, High Net Worth Lending Platform Product Manager Near New York, NY

Morgan Stanley Wealth Management's Digital Lending Platform team is looking for a talented product manager with a passion for building innovative technology. We are building an industry-leading, highly automated lending platform to have a direct impact on Morgan Stanley U.S. Banks' growth strategy. Within the Digital Lending Platforms team, the High Net Worth Lending platform team is responsible for Securities Based lending and Tailored Lending platforms used by Clients, Financial Advisors, Private Bankers, Business, Credit & Operations users. We are looking for a junior product manager to help deliver key growth and risk initiatives to enable the next phase of growth of the High Net Worth lending business. This role will also contribute to the long-term strategy work to integrate and unify our lending platform with the rest of Wealth Management platform. This is a highly collaborative role, where you will work closely with our team of digital product managers and partner with designers, engineers, operations, credit, finance, and business stakeholders to transform the experience for all our customers.

Position Summary
  • Work in a fun, fast paced environment designing new and improved technology for our clients and internal staff
  • Design innovative new products with market leading competitive advantages that revolutionize the way people manage and spend their money
  • Collaborate with cross-functional teams including legal, compliance, risk, technology and operations to enhance processes and streamline lending product related workflows
  • Diagnose and resolve any technical issues or system errors that may arise within the lending pricing platform
Experience
• 2-5 years of professional experience in technology product management and design
• 2-5 years of professional experience in the wealth management, retail banking, and/or consumer financial technology
• Knowledge or experience with fixed income securities and lending products
• Ideally have experience in building complex internal systems with a focus on loan processing & underwriting, credit risk management or pricing
• Experience with software business analysis required
• BA/BS required
• Professional experience in consumer technology, banking, wealth management and /or top tier consulting firm
• Strong attention to detail in both technical and non-technical capacity
• Focus on usability and eye for design
• Excellent relationship building capabilities with partners both internal and external to the organization
• Independent initiative and comfort working in a fast-paced environment
• Strategic thinker able to define and evaluate alternatives, and translate goals into specific project tasks
• Excellent communicator with solid written and verbal presentation skills
• Highly developed sense of ownership and accountability for work
• Ability to adapt to change and evolving business needs
• Ability to measure a given business problem in order to both quantify the issue and the benefits from the technology solution

Expected base pay rates for the role will be between 85,000 and 135,000 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 Summary

JOB TYPE

Full Time

SALARY

$141k-175k (estimate)

POST DATE

06/25/2024

EXPIRATION DATE

07/13/2024

WEBSITE

morganstanley.com

HEADQUARTERS

MANHATTAN, NY

SIZE

>50,000

FOUNDED

1924

CEO

RICHARD B FISHER

REVENUE

>$50B

INDUSTRY

Securities

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