Product Manager, Portfolio Margin - Wealth Management Platforms – Vice President

Product Manager, Portfolio Margin Offering - Wealth Management Platforms - Vice President

Location:

Chicago / Purchase

We're looking for a senior leader to be part of the team in charge of the new phase of growth in the niche offering of Portfolio Margin. You will work with the Risk Management teams to build the next generation of Products that will enable the firm to manage Trading risk more effectively.

The candidate is expected to articulate a clear strategy for the path forward and get buy‑in with all the key stakeholders in Risk, Product, Sales and Service and Legal and Compliance teams.

The desired candidate should be a self‑starter, a problem solver and must be driven to solve complex business issues.

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow.

In the Wealth Management division, we help people, businesses and institutions build, preserve, and manage wealth so they can pursue their financial goals.

• Work with leadership and stakeholders to articulate a clear growth plan with an actionable roadmap of deliverables.
• Socialize the plan with the broader organization to gain acceptance.
• Define the client journey to create user personas that will allow the firm to gain a deeper understanding of how clients interact with the Product, what tools they use, and what their trading patterns are.
• Leverage findings to guide the design and building of the next set of product features aimed at capturing market shares and creating stickiness with current customers.
• Utilize strong analytical skills to identify, evaluate and define complex systems.
• Create product artifacts (business requirements, functional requirements, migration plans, communication plans, project updates for senior management) and gain approval from business and technology leaders.
• Work with Partners in Risk, Sales and Service, UX and channel teams to create the best experience for this group of highly sophisticated clients.
• Drive forward the next phase of growth of a product with high potential to new height but in a very strategic and thoughtful way.
• Work with Risk teams to understand their unique needs and help them build the next generation of tools to help the firm manage risk.

• Minimum of 9 years of transferrable experience across work and higher education.
• Proven track record of building and launching new products for retail clients and/or internal stakeholders.
• Deep knowledge of Option pricing models and associated risk management.
• Ability to synthesize and model large data sets to extract valuable information that can help deepen understanding of the risk or uncover insight to manage the product.
• Experience building and launching client‑facing applications.
• Experience managing a revenue‑generating product.
• Risk Management and data modeling is highly desirable.

We are committed to maintaining the first‑class service and high standard of excellence that have defined Morgan Stanley for over 89 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 each 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…