UHNW Planning, Product Owner - Global Investment Office, Associate
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UHNW Planning, Product Owner - Global Investment Office, Associate
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$85k–$120k/yr
Full-time
Commission Earnings, Incentive Compensation, Discretionary Bonuses, Short And Long-term Incentive Packages, Morgan Stanley Sponsored Benefit Programs
Posted 47d ago
~40 hrs/week
Responsibilities
The Product Owner manages the workflow and implementation of proprietary investment tools for ultra-high net worth and institutional clients. This involves collaborating with stakeholders, defining requirements for technology teams, and testing implementations.
Requirements
Candidates need 2-4 years of relevant experience in project or product management and a general understanding of global financial markets. Series 7 and 66 licenses are required or must be completed upon hire.
Full job description
The Global Investment Office (GIO) is the investment and research hub within Morgan Stanley Wealth Management, comprising more than 250 analysts, strategists, and planners dedicated to supporting financial advisors and their clients. Led by the Wealth Management CIO, GIO develops the firm’s investment strategy by integrating financial planning, asset allocation, and portfolio construction insights. Serving as an extension of an advisor’s practice, GIO provides the tools, research, and intellectual capital to help advisors deepen client engagement, enhance investment performance, scale their businesses, and drive growth across all client segments.
Ultra-High Net-Worth (UHNW) Planning is a team within the Financial Planning department of Morgan Stanley’s Global Investment Office dedicated to Wealth Management’s ultra-high net-worth and institutional clients. The team has two mandates:
Client Strategy – Consult on live client and prospect cases from the PWM, Graystone, OCIO, and MS Family Office channels, devising holistic investment and wealth planning strategies
Product Development – Build and enhance a platform of proprietary investment tools leveraged by financial advisor teams
UHNW Planning frequently addresses asset allocation and estate planning strategies, but also gets involved in a variety of complex situations including advanced wealth planning, employee stock options, private equity commitments, single stock strategies and structured products.
The Product Development team of UHNW Planning is seeking an individual to join as a Product Owner supporting our platform of ultra-high net worth and institutional investing tools. This is a unique opportunity to be introduced to the technology and software development space at Morgan Stanley, where you will collaborate directly with financial advisors, internal business units and technology to manage, improve and scale our enterprise offering.
The product owner will own all workflow and implementation decisions for their silo of products. This involves collaborating on frameworks with the other product owners, socializing possible solutions with stakeholders and field users, communicating requirements and acceptance criteria with Technology, and testing that all implementation is carried out correctly.
Skills Required:
2-4 years of relevant work experience – preferably project or product management
Strong communication skills and an ability to operate cross-functionally, managing multiple projects with varying timelines
General understanding of global financial markets, asset allocation, and portfolio construction
Very strong attention to detail
Experience with JIRA is a strong plus
Series 7 and 66 licensed required or completion upon hire
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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 every 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 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.
Expected base pay rates for the role will be between $85,000 and $120,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs
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.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With a 90-year history, Morgan Stanley today operates in 42 countries serving corporations, governments, institutions, families and individuals.
Morgan Stanley is a talent business that demands ongoing investment in our people. Key drivers of our success have been the breadth and tenure of our talent, as well as a unique culture and a set of values that guide our employees. We view Morgan Stanley’s talent and culture as a key competitive advantage enabling the Firm to achieve its potential and drive future success.
As an integrated firm with scaled capabilities, we partner with clients at every stage of their financial journey. Our ability to do so is grounded in four pillars that define Morgan Stanley: a clear and consistent strategy to help clients raise, manage and allocate capital; a culture grounded in rigor, humility and partnership; financial strength through capital, earnings power and durability; and growth driven by smart, strategic investment globally.
These pillars enable Morgan Stanley to provide trusted advice, operate with resilience across market cycles and deliver long-term value to our clients and shareholders.
Social Media Disclosures: mgstn.ly/SocialDisclosure
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