Retail Banking Product Manager, AVP at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

13 Mar, 26

Salary

140000.0

Posted On

13 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Product Management, Project Management, Banking Services, Team Leadership, Cross-Functional Collaboration, Data Analysis, Client Relationship Management, Communication Skills, Strategic Thinking, User Experience, Market Trends, Performance Tracking, Coaching, Presentation Skills, Time Management, Attention to Detail

Industry

Financial Services

Description

Lead and develop team members by setting clear priorities, providing consistent performance feedback, and ensuring coordinated execution across cross-functional partners. Drive product performance by owning existing offerings and spearheading new initiatives that increase adoption across multiple channels. Manage cross-functional teams—including Digital Platforms, Technology, Operations, Marketing, Sales, Legal, Compliance, and Finance—to successfully launch and implement strategic initiatives. Partner with Digital Platforms colleagues to define requirements, oversee testing, and deliver seamless experiences that deepen client deposit relationships. Maintain rigorous project management discipline by documenting and tracking key tasks and deliverables, communicating delays or completions, and providing clear progress updates in stakeholder forums. Analyze product trends and report on regional and nationwide performance across various products. Develop key performance indicators, track progress, and collaborate with Technology to enhance and deepen reporting capabilities. Prepare analyses for senior management and communicate key findings and insights succinctly. Evaluate competitive strategies across the industry to inform product positioning and strategy. Draft internal, Financial Advisor, and client-facing communications, and collaborate with partners to implement transactional deposit product strategies. Support Financial Advisors, Private Bankers, and Client Service teams in driving product sales and resolving escalated client issues. Update policies and procedures to accurately reflect changes and enhancements to transactional deposit products. 5-7 years of professional experience in Banking Services or Technology; experience in Banking Product Management or consulting at a major financial institution is a plus. Strong understanding of retail and private banking products, including user experience, economics, rate environment, and market trends. Proven track record of successfully managing multi-stakeholder products and projects. Bachelor's degree in Finance, Economics, Accounting, or a related field; liberal arts degrees are also welcomed. Operate as a self-starter, managing multiple tasks independently with strong time management and attention to detail. Develop junior team members through structured guidance, coaching, and skill-building to elevate performance and expand contributions. Think analytically and strategically, tackling unstructured problems with limited guidance. Adapt quickly as a team player, learning new concepts efficiently and applying them effectively. Define and evaluate strategies and business use cases to support product and organizational goals. Demonstrate strong product intuition and user empathy to deliver client-focused solutions. Create compelling, senior-management-ready presentations with excellent PowerPoint skills and cohesive storytelling. Communicate clearly and effectively through exceptional verbal and written communication skills. Leverage proficiency in MS Office tools, including Excel, PowerPoint, and Access, to support analysis and reporting. 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 every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. 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 comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. 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.

Responsibilities

Lead and develop team members while managing cross-functional teams to launch and implement strategic initiatives. Analyze product trends and report on performance, while supporting Financial Advisors and Client Service teams in driving product sales.