Cash Management/Money Movement Product Owner - AVP

Morgan Stanley; New York (NY); On-site; USD 85,000 - 135,000; Full time

Job summary

An established industry player seeks a dynamic Associate Vice President to enhance process controls within their asset movement platforms. This role involves collaborating with diverse teams to implement improvements, ensuring compliance with policies, and leading projects that drive efficiency. The ideal candidate will possess strong leadership and analytical skills, along with a passion for delivering exceptional service. Join a forward-thinking organization that values diversity and offers comprehensive benefits, all while empowering you to make a significant impact in the financial services sector.

Benefits

Comprehensive Employee Benefits

Diversity and Inclusion Initiatives

Career Development Opportunities

Flexible Work Environment

Qualifications

• 5+ years of experience in financial services with a focus on process improvement.
• Strong analytical and problem-solving skills required.

Responsibilities

• Lead efforts to strengthen controls in money movement processes.
• Engage with various stakeholders to enhance system controls.

Skills

Leadership

Team Collaboration

Business/Product Ownership

Communication Skills

Analytical Skills

Problem-Solving

Organizational Skills

Attention to Detail

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Agile Methodologies

JIRA

Money Movement Process

Education

Bachelor's Degree

Master's Degree

Job description

Position Description:

Morgan Stanley is a global financial services leader with three core businesses - Institutional Securities, Asset Management, and Global Wealth Management. Global Wealth Management is offered by the Morgan Stanley Wealth Management (MSWM) franchise, which encompasses both the Financial Advisor Field and Digital Direct Network. This role is in the MSWM Investment Platforms organization. WM Platforms encompasses a wide range of services and support designed to add value to our clients with a shared goal of serving the best interests of Service Partners and Clients.

Job Description: This Associate Vice President position will report to a designated officer within the Asset Movement Platforms team, part of Investment Platforms, and will work closely with various stakeholders including business, operations, technology, LRC, and advisor support teams across Wealth Management to identify and implement process control improvements within the asset movement platform/process space (i.e., systems and processes used for the movement of money through Automated Clearing House, Wire Transfer, check disbursement/deposits, intra-firm transfer of cash and securities). The role ensures the applicable systems and processes include appropriate controls to meet the needs of our end users, including field/service facing personnel, operations, and others while complying/enforcing firm policies, procedures, and standards.

Responsibilities:

• Lead all efforts related to the strengthening of controls and policy alignment in the money movement space.
• Engage with Legal, Risk, Compliance, Fraud and Regulatory Relations on various projects related to the money movement controls suite.
• Provide Business Analysis and Subject Matter Expertise to deliver enhanced and streamlined systems/processes to our field services and various home office teams with a focus on enhanced controls. Leverage Asset Movement business metrics to perform analysis and recommendations.
• Lead projects and direct partners across the firm throughout various project life cycles to ensure alignment and cohesiveness.
• Lead efforts to develop and deliver marketing, training and communications across the broader organization as it relates to platform and policy changes and help drive adoption of changes.
• Perform other miscellaneous project leadership activities as directed by head of Asset Movement Platform team. Closely track ongoing product development versus strategic roadmap.

Skills Required:

• Must be highly motivated and an independent leader with a strong work ethic.
• Be able to work in a strong team and high activity environment where the sharing of ideas and talents is encouraged and welcomed.
• Prior business/product ownership experience preferred.
• Strong written and verbal communication skills in both business and technical contexts.
• Strong analytical, process-oriented, user experience, problem-solving/issues-resolution skills.
• Strong organizational, attention to detail and excellent follow up skills.
• Proficient knowledge of Microsoft Excel, Word, and PowerPoint required.
• Familiarity with Agile methodologies preferred.
• Experience with JIRA preferred.
• Money Movement process experience preferred.
• BA or BS preferred, but not required.
• 5+ years of experience.

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 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 $135,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).