Morgan Stanley is a global financial services leader with three core businesses: Wealth Management, Investment Management and Institutional Securities. The Wealth Management Division comprises one of the world’s largest networks of Financial Advisors with offices across the United States. Morgan Stanley acquired E*TRADE in 2020 to position itself as the industry leader in Wealth Management across all channels and segments, and significantly increases the scale and breadth of the Wealth Management franchise.

Morgan Stanley U.S. Banks (Morgan Stanley Private Bank, National Association and Morgan Stanley Bank N.A.) offer a range of products, including transactional deposit products such as Bank Checking Accounts on the E*TRADE Platform and CashPlus Brokerage Accounts on the Morgan Stanley Platform. With the recent integration of E*TRADE Banking Services, we have significant opportunities for growth and innovation.

We are seeking a motivated, detail-oriented, and entrepreneurial Assistant Vice President to support product enhancements and new initiatives across our transactional deposit suite. This role involves managing products from concept through launch and beyond, ensuring continuous improvement and client-focused solutions. Ideal candidates are passionate about creating best-in-class products, thrive in collaborative environments, and are eager to learn and grow with the firm.

Responsibilities may include, but are not limited to:

• Lead and develop team members by setting clear priorities, providing consistent performance feedback, and ensuring coordinated execution across cross-functional partners.
• Drive product performance by owning existing offerings and spearheading new initiatives that increase adoption across multiple channels.
• Manage cross-functional teams—including Digital Platforms, Technology, Operations, Marketing, Sales, Legal, Compliance, and Finance—to successfully launch and implement strategic initiatives.
• Partner with Digital Platforms colleagues to define requirements, oversee testing, and deliver seamless experiences that deepen client deposit relationships.
• Maintain rigorous project management discipline by documenting and tracking key tasks and deliverables, communicating delays or completions, and providing clear progress updates in stakeholder forums.
• Analyze product trends and report on regional and nationwide performance across various products.
• Develop key performance indicators, track progress, and collaborate with Technology to enhance and deepen reporting capabilities.
• Prepare analyses for senior management and communicate key findings and insights succinctly.
• Evaluate competitive strategies across the industry to inform product positioning and strategy.
• Draft internal, Financial Advisor, and client-facing communications, and collaborate with partners to implement transactional deposit product strategies.
• Support Financial Advisors, Private Bankers, and Client Service teams in driving product sales and resolving escalated client issues.
• Update policies and procedures to accurately reflect changes and enhancements to transactional deposit products.

Experience:

• 5–7 years of professional experience in Banking Services or Technology; experience in Banking Product Management or consulting at a major financial institution is a plus.
• Strong understanding of retail and private banking products, including user experience, economics, rate environment, and market trends.
• Proven track record of successfully managing multi-stakeholder products and projects.
• Bachelor’s degree in Finance, Economics, Accounting, or a related field; liberal arts degrees are also welcomed.

Skills/Abilities:

• Operate as a self-starter, managing multiple tasks independently with strong time management and attention to detail.
• Develop junior team members through structured guidance, coaching, and skill-building to elevate performance and expand contributions.
• Think analytically and strategically, tackling unstructured problems with limited guidance.
• Adapt quickly as a team player, learning new concepts efficiently and applying them effectively.
• Define and evaluate strategies and business use cases to support product and organizational goals.
• Demonstrate strong product intuition and user empathy to deliver client-focused solutions.
• Create compelling, senior-management-ready presentations with excellent PowerPoint skills and cohesive storytelling.
• Communicate clearly and effectively through exceptional verbal and written communication skills.
• Leverage proficiency in MS Office tools, including Excel, PowerPoint, and Access, to support analysis and reporting.

EOE M/F/D/V Committed to Diversity

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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

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).