Corporate Deposits Pricing Lead | Deposits & Cash Management - Executive Director

Morgan Stanley is a global financial services leader with three core businesses:
Wealth Management, Investment Management, and Institutional Securities. The Wealth Management business unit comprises one of the world’s largest networks of Financial Advisors, and the U.S. Banks division plays a key role in executing the Wealth Management strategy. The Morgan Stanley U.S. Banks continue to execute on multi-year strategic priorities aligned with Firm strategy, including expanding the breadth of banking solutions offered to clients.

The Deposits & Cash Management team is focused on growing core deposit capabilities, strengthening client relationships, and developing new products to support evolving client needs.

ROLE OVERVIEW This role leads pricing strategy and deposit economics for Morgan Stanley’s corporate deposit business. The successful candidate will own the pricing framework, rate governance and profitability analysis for the business. They will partner closely with Treasury, Finance, Liquidity Risk, Sales and Product to grow balances in line with funding, margin and NII objectives.

As Executive Director, the successful candidate will be the senior voice on deposit pricing and economics. They will set pricing policy, advise senior management on balance sheet trade-offs and build out a pricing capability that scales as the business adds new products, client segments and markets. This is a senior leadership role that needs deep expertise in deposit pricing, funds transfer pricing (FTP) and liquidity, along with strong commercial judgment and the credibility to influence senior stakeholders.

KEY RESPONSIBILITIES Pricing Strategy & Governance Set the pricing strategy and framework for corporate overnight and term deposits, including standard rates, tiering, index-based pricing and exception pricing

Own rate governance, including approval authorities, exception pricing processes, rate change protocols and documentation

Lead rate-setting forums and recommend rate actions in response to market moves, competitor activity and funding needs

Benchmark pricing and product structures against peer banks, and use the findings to shape positioning

Deposit Economics & Balance Sheet Partner with Treasury and Finance on FTP methodology, ILST and liquidity treatment, and the value of corporate deposits relative to other funding sources

Build and maintain profitability models covering NII, margin, deposit betas, behavioral assumptions and client-level economics

Advise senior management on trade-offs between balance growth, cost of funds and margin

Support budgeting, forecasting and business case development for new products and initiatives

Commercial Partnership Act as the pricing partner to Sales, Client Service and Relationship Managers, including deal-level pricing support for large or strategic client opportunities

Equip the sales force with clear pricing guidelines, tools and approval paths

Shape pricing and fee structures for future capabilities, such as escrow, 1031 exchange, sub-accounting and international deposits

People Leadership Build and lead a pricing and deposit analytics team, including hiring, development and performance management

Build a culture of analytical rigor, accountability and commercial focus

Risk, Controls & Reporting Make sure pricing processes, models and exceptions are well controlled, documented and aligned with model risk, regulatory and Firm requirements

Partner with Deposit Operations and Technology so pricing is set up and applied correctly in core systems

Report on pricing performance, balance trends and profitability to senior management and governance forumsEXPERIENCE
15+ years of experience in deposit pricing, treasury, ALM, balance sheet management or corporate and commercial deposit product management

Deep expertise in deposit economics, FTP, liquidity (including ILST and LCR treatment) and interest rate dynamics5+ years of people leadership, ideally leading pricing or analytics teams

Proven track record of setting pricing strategy and governance at a bank Experience presenting to and influencing senior management, ALCO or similar committees

Bachelor’s degree in Finance, Economics, Mathematics or a related field; MBA, CFA or advanced degree preferred SKILLS & LEADERSHIP ATTRIBUTESStrategic and commercial thinker with strong quantitative and analytical skills

Sound judgment in balancing growth, profitability and risk Influential across Treasury, Finance, Sales, Product, Risk and Technology Clear, concise…