What are the responsibilities and job description for the Wealth Management, Private Markets Product Origination & Development - AVP position at 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.
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
Morgan Stanley Private Markets provides Morgan Stanley Wealth Management clients the opportunity to invest in private companies, either by investing alongside an asset manager, investing directly in the company, or by buying or selling secondary shares through the secondary transaction desk. The Morgan Stanley Private Markets team is involved in sourcing investments, originating through the Morgan Stanley platform, and ensuring Financial Advisors and their clients are aware of investment opportunities.
As part of the PO&D team, you will help lead and manage the onboarding and product lifecycle of various direct/co-investment deals across asset classes. In addition, you will help set and execute the strategy across private market product lines and develop and deliver enhancements to existing products. This position affords the opportunity to gain a broad perspective of the Wealth Management business, and will require close partnership with Alternative Investments, the Global Investment Office (GIO), Legal, Risk, Compliance, Asset Managers, Platforms and Technology, among other groups.
Overview Of Roles & Responsibilities
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).
What You Can Expect From Morgan Stanley
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
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).
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
Morgan Stanley Private Markets provides Morgan Stanley Wealth Management clients the opportunity to invest in private companies, either by investing alongside an asset manager, investing directly in the company, or by buying or selling secondary shares through the secondary transaction desk. The Morgan Stanley Private Markets team is involved in sourcing investments, originating through the Morgan Stanley platform, and ensuring Financial Advisors and their clients are aware of investment opportunities.
As part of the PO&D team, you will help lead and manage the onboarding and product lifecycle of various direct/co-investment deals across asset classes. In addition, you will help set and execute the strategy across private market product lines and develop and deliver enhancements to existing products. This position affords the opportunity to gain a broad perspective of the Wealth Management business, and will require close partnership with Alternative Investments, the Global Investment Office (GIO), Legal, Risk, Compliance, Asset Managers, Platforms and Technology, among other groups.
Overview Of Roles & Responsibilities
- Lead onboarding of new deals, working across the organization to ensure on-time and successful launches; this includes working with our asset manager partners, legal, risk, and compliance to negotiate terms and structure co-investment / direct product offerings
- Successfully guide co-investment / direct product offerings through internal committees and reviews
- Assist in the strategy, development, and execution of new and existing private market and transactional product offerings
- Assist in sourcing new deal opportunities from asset manager partners
- Interface with Financial Advisors and support professionals on private market program onboarding, dashboard, and deal inquiries
- Management of co-investment opportunities on the private markets dashboard
- 3-5 years of working experience required
- Strong verbal and written communication skills with the ability to explain complex topics to audiences of varying knowledge levels
- Highly motivated and well-organized with the ability to prioritize and execute on competing asks
- Strategic thinker with strong problem-solving abilities and attention to detail
- Team first mentality with ability to collaborate across multiple stakeholders
- Familiarity / experience with Alternative Investments and product structuring a positive
- Securities Industry Essentials (SIE) and Series 7
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).
What You Can Expect From Morgan Stanley
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
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).
Salary : $85,000 - $135,000
