Alternative Investments Product Development Associate
Purchase, NY - USA
Job Summary
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 $250 billion in assets under management. The primary users/investors include high net worth wealth management clients and their Advisors.
Position Summary
The employee will join the Product Origination and Development team within Alternative Investments (Investment Solutions). The role will focus on onboarding and maintaining alternative investment offerings and partnering closely with fund managers MSWM Advisors MSWM Field Management and other Morgan Stanley stakeholders. The employee will also support analytical projects for the Alternative Investments organization.
This position works cross-functionally - including Sales and Marketing Global Investment Manager Analysis Legal Operations and Finance. Responsibilities will span tactical deal-related deliverables as well as longer-term initiatives such as manager sourcing and strategic development.
Projects will include supporting investment product launchesexecuting placement agreements tailoring offering and marketing materials and presenting to Product Committees. The employee will also help enhance and maintain key metrics and reporting to enable management to monitor business health and identify new opportunities.
Experience
3 years of financial services industry experience
Skills/Abilities
Strong analytical and quantitative skills; detail oriented
Ability to manage and complete multiple and simultaneous projects with tight deadlines
Ability to understand implement monitor and improve upon key financial and business metrics
Strong written and verbal communication skills
Strong presentation skills; ability to work effectively in senior management settings
Must be a team player with the ability to work independently
Ability to represent the firm professionally with internal and external constituents
Proficient in MS Excel and PowerPoint
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 thats differentiated and weve 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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
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Expected base pay rates for the role will be between $70000 and $115000 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.
Required Experience:
IC
About Company
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1, ... View more