Transactional Deposits Product Manager - Assistant Vice President

Morgan Stanley is a global financial services leader with three core businesses: Wealth Management, Investment Management and Institutional Securities. The Wealth Management Division comprises one of the world’s largest networks of Financial Advisors with offices across the United States. Morgan Stanley acquired E*TRADE in 2020 to position itself as the industry leader in Wealth Management across all channels and segments, and significantly increases the scale and breadth of the Wealth Management franchise. The recent integration of E*TRADE’s Banking Services provides an endless opportunity for growth and finding synergies. The Morgan Stanley U.S. Banks seek a talented and motivated Associate to join the Transactional Deposits Product Management Team, supporting ongoing product enhancement and new initiatives across the Transactional Deposit product suite. Day in the Life Manage existing products and drive projects to develop new initiatives to increase adoption across various channels Assist in managing cross‑functional teams with representatives from Digital Platforms, Technology, Operations, Marketing, Sales, 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 transactional deposit product strategy Support Financial Advisors, Private Bankers and Client Service Center in the sales of transactional 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 transactional deposits Experience & Qualifications 3‑5 years of professional experience in Banking Services or Technology; experience in Banking Product Management or consulting at a major financial institution a plus Strong understanding of retail and private banking products’ user experience, economics, rate environment, and market trends Demonstrated success in managing multi‑stakeholder products & projects Bachelor’s degree in Finance, Economics, Accounting, or a related field. Liberal arts degrees are also welcomed Skills & Abilities Self‑starter who is able to work independently on multiple tasks; efficient time management skills and attention to detail a must Analytical & strategic thinker who is able to tackle unstructured problems with limited guidance 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) Compensation Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. Base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which may also include commission earnings, incentive compensation, discretionary bonuses, other short‑ and long‑term incentive packages, and other company‑sponsored benefit programs. Equal Employment Opportunity 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. For more information, please visit #J-18808-Ljbffr Morgan Stanley