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Savings & Cds Product Manager Assistant Vice President
Company | Morgan Stanley |
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Location | New York, NY, USA |
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Salary | $85000 – $135000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Mid Level, Senior |
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Requirements
- 4 – 6 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
- Demonstrated success in managing multi-stakeholder products & projects
- Bachelor’s degree in Finance, Economics, Accounting
Responsibilities
- Manage existing products and drive projects to develop new initiatives, including promotional campaigns to increase adoption across various channels
- Assist in managing cross-functional teams with representatives from Technology, Operations, Marketing, Legal, Compliance, and Finance to launch and implement these new initiatives
- Partner with Digital Platforms colleagues to develop requirements, test their implementation, and deliver elegant experiences for Bank clients that lead to broader and deeper Deposit relationships
- Maintain rigorous project management discipline to ensure key tasks & deliverables are well documented, tracked, and socialized upon delay or completion; provide clear readouts on progress in large stakeholder forums
- Analyze product trends & report on regional and nationwide performance of various products
- Develop key performance indicators and track progress; partner with Technology to improve & deepen reporting
- Prepare analyses for senior management, and succinctly communicate on key findings & insights
- Analyze competitive strategies across the industry
- Draft internal, Financial Advisor & client-facing communications and collaborate with cross functional partners to develop and implement Deposit Products strategy
- Support Financial Advisors, Private Bankers and Client Service Center in the sales of all deposit products and the resolution of any escalated client issues
- Maintain and update policies and procedures as needed to accurately reflect changes and enhancements to Deposit Products
Preferred Qualifications
- 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)