Description - External

Morgan Stanley Wealth Management provides a range of wealth management products and services for affluent individuals, businesses, and institutions. These services include brokerage and investment advisory, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust.

Department

The alternative investments product area within Investment Solutions is responsible for sourcing, manufacturing, developing, managing, and marketing alternative investment products/investments, such as:

•           Hedge Funds

•           Funds of Hedge Funds

•           Managed Futures

•           Private Equity

•           Private Credit

•           Real Estate Funds

•           Exchange Funds

•           Real Assets

Alternative Investments has approximately $200+ billion in assets under management.  The primary users/investors include high net worth wealth management clients and their Advisors. 

Position Summary

The Alternative Investments Product Management team is responsible for supporting the offerings on the Wealth Management Alternative Investments platform post-launch. The group is seeking a highly motivated professional to join the team as a Product Manager to support this function with an emphasis on hedge funds, hedge funds of funds, and managed futures.  Product management entails supporting maintenance of products and platforms, working closely with control partners on various technology and strategic projects, and perform a number of oversight functions. 

Key responsibilities will include but are not limited to the following:

• A subject matter expert (SME) on alternative investments products, with an emphasis on hedge funds, hedge funds of funds, and managed futures
• Fund setups, process changes, FA notifications, fund inventory maintenance, etc.
• Offering documents and marketing material updates, and maintaining relationship and active dialogue with fund managers to be well informed of the funds’ latest statuses
• Participate in various product review and technology/platform committees acting as a SME for the products
• Responsible for the maintenance of policies and procedures by identifying opportunities to enhance controls and mitigate risks as well as interacting with internal audit and product risk
• Serve as the point of contact for asset managers and sponsors on prospectus and contract reviews, product changes, share class conversions, trading support, and other related matters
• Work with the Alternative Investment Sales Desks and the Investor Relations team on FA inquiries related to product availability, platform related issues and product information
• Be actively involved in any product management related projects and initiatives

Experience

•     3-5 years of financial services industry experience

Skills/Abilities

•     Strong interest in alternative investments, prior knowledge and experience a plus

•     Excellent analytical skills, strong attention to detail and proactive mindset

•     Must be proficient in Word, PowerPoint, and Excel (functions, formulas, and macros)

•     Prior experience managing strategic initiatives and experience in alternative investment products a plus

•     Strong judgment in prioritizing, evaluating, and sharing information as appropriate, and determining issues requiring escalation

•     Ability to work independently, often on multiple assignments concurrently, while adhering to deadlines and the group’s standards

•     Strong interpersonal, collaborative and team skills including ability to work with third party investment managers

•     Series 7 a plus

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

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 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 backg