Investment Product Development - IM Management - Senior Associate / Vice President

Morgan Stanley; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

An established industry player seeks a dynamic professional to join its U.S. Public Markets Product Development Team in New York. This role involves collaborating with various stakeholders to launch new investment products and enhance existing offerings. The ideal candidate will possess strong project management skills, a solid understanding of the asset management landscape, and the ability to conduct in-depth market research. Join a team that values collaboration and innovation, where your contributions will help shape the future of investment management solutions. This is a fantastic opportunity to grow your career in a supportive and empowering environment.

Benefits

Comprehensive Employee Benefits

Diversity and Inclusion Programs

Career Development Opportunities

Flexible Work Environment

Qualifications

• 5-12 years of industry experience in asset management.
• Broad understanding of product development and investment management products.

Responsibilities

• Collaborate with teams to execute new product launches and support existing products.
• Conduct market research to assess marketplace viability.

Skills

Project Management

Market Research

Analytical Skills

Communication Skills

Excel Proficiency

PowerPoint Proficiency

Education

Bachelor's Degree

Tools

Morningstar

Strategic Insight Simfund

Evestment

Job description

Morgan Stanley Investment Management (“MSIM”), together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.7 trillion in assets under management or supervision as of December 31, 2024. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.

MSIM U.S. Public Markets - Product Development Overview:

The U.S. Public Markets Product Development Team, based in New York, collaborates with Portfolio Management, Distribution, Senior Management and various internal stakeholders on the development and implementation of Global Equity, Global Fixed Income and Multi-Asset investment products in an effort to support MSIM’s overall business strategy and key strategic initiatives.The Team manages new products through the entire product lifecycle from the idea generation stage through the approval process and ultimately to successful operational launches across multiple asset classes and vehicle structures.The U.S. Product Development Team covers a wide breath of institutional, intermediary, and retail product launches across a range of investment strategies (e.g. Emerging Markets Equity, Global Equity, Global Listed Real Estate/Infrastructure, Global Multi-Asset, Global Fixed Income including HY, IG, CLOs, and ESG-focused among others). The Team collaborates on a global basis leveraging relationships across the firm and covers a variety of vehicle structures (e.g. 1940 Act open-end/closed-end funds, exchange traded funds, limited partnerships, collective investment trusts, institutional separate accounts/strategic partnerships, Cayman offshore funds, and Canadian pooled trusts) across jurisdictions (United States, Cayman-Offshore, Canada).

Job Description & Responsibilities:

• Work collaboratively with Investment Teams, Distribution & Marketing, Legal & Compliance, and Operations to execute new product launches, mergers/strategy transitions, liquidations, and provide ongoing support to the product platform.
• Project Management of new product launches (idea generation, market research and development of business case), platform enhancements and rationalizations, and managing internal MSIM Committee/Board approvals.
• Conduct market research and analyses on competitor funds, performance, and global investment trends using various fund databases to support product development initiatives and also support presentations to Senior Management and MSIM Committees/Boards to assess marketplace viability.
• Assist supporting the existing product line to ensure commercial success and provide ongoing support to platform that evolves in response to Investment Team strategic initiatives, client requirements, the competitive marketplace, and/or regulatory changes.

Qualifications:

• Bachelors degree with 5-12 years of industry experience.
• Broad understanding of the asset management industry in either a product development, business strategy, marketing, or product management role, as well as thorough knowledge of the markets and investment management products. In general, the ideal candidate must possess a balance of commercial awareness, project management capabilities, and business analysis skills.
• Candidate should be energetic, self-starter and team-oriented who thrives in a dynamic environment.
• Experienced professional who understands how to navigate a large global organization, communicates clearly, gains consensus, and supports time-sensitive product initiatives.
• Strong work ethic and a desire to learn.
• Strong analytical skills, attention to detail and ability to manage projects independently.
• Effective communication and presentation skills. Demonstrated ability to write effectively.
• Strong proficiency in Excel and PowerPoint.
• Experience with databases such as Morningstar, Strategic Insight Simfund, or Evestment, a plus.
• Series 7, MBA, CFA 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 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 $150,000 and $200,000 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).