HNW Lending - Credit Policy & Platform Manager- Vice President

Morgan Stanley is a global financial services leader with three core businesses - Institutional Securities, Asset Management, and Global Wealth Management. Global Wealth Management has almost 16,000 Financial Advisors and Private Wealth Advisors - one of the world’s largest networks of Financial Advisors. Morgan Stanley has expanded its suite of world-class banking and lending products exclusively for Financial Advisors and their clients.  In addition to our comprehensive financial services, which include brokerage, investment advisory, financial and wealth planning, annuities, insurance and retirement, Morgan Stanley has enhanced its lending, mortgage, trust, and cash management capabilities.  Morgan Stanley Private Bank (MSPBNA) continues to be a key element of the Global Wealth Management strategy. There is continued emphasis on growth in this core product offering. Morgan Stanley continues to make considerable investments in this business in terms of strategic platform, and personnel.

Job Description/Position Responsibilities  

The High Net Worth Lending (HNWL) Product Management team is strategically focused on developing and executing plans that will position the HNWL Business for continued revenue growth, operational efficiency, and service excellence.

The person in this role is specifically responsible for supporting Credit Policy and Platform Enhancement initiatives that improve the offering and control effectiveness of our product suite, including Liquidity Access Line (LAL), Line of Credit (LOC) and Margin offerings and drive continuous experience enhancements.

Key Accountabilities:

• Provide business management oversight of partner teams including operations, credit, and other teams to ensure performance and risks are properly being managed and client and field experience is maintained
• Lead and direct project activities, meetings, understand dependencies, and manage timelines
• Perform business analysis and requirements documentation
• Coordinate engagement of Operations, Technology and Business partner resources and subject matter experts
• Manage issues and decisions to timely resolution. Communicate with senior management teams to escalate/resolve project conflicts & needs
• Drive collaboration across Lending to achieve our business goals, platform, and process improvements by forming key partnerships with Legal, Compliance, Sales, Field, Risk, Operations, Finance, Technology and others

Experience  

• Seven plus years of Securities Based Credit and Lending business, risk, or operations experience is required
• Demonstrated success running and leading business improvement and transformation initiatives
• Experience within a brokerage firm or bank providing securities based and margin loans are a plus
• Experience working across various functional areas Legal, Compliance, Finance, Technology and Operations are key
• Bachelor’s degree or equivalent experience is required

Skills/Abilities

• Ability to organize and execute projects and setting strategic direction
• Business Analysis and Project Management skills required
• Energetic person with the ability to demonstrate positive initiative and leadership in a demanding environment
• Excellent communication and collaboration skills to work with and gain the confidence of cross-functional colleagues
• Ability to successfully motivate team members outside their direct reporting line
• Detail orientation with strong organizational and analytical skills
• Ability to quickly learn and understand the suite of all Banking & Lending products and interconnections
• Communicate and set expectations appropriately to management and colleagues

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 that’s differentiated – and we’ve 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 - 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.

Expected base pay rates for the role will be between $110,000 and $190,000 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).