Alternatives Investment Product - Product Development - Senior Associate / Vice President
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 June 30, 2025. 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.
The Product Development team is part of MSIM and manages portfolios of private credit, private equity, private real estate, private infrastructure, hedge fund strategies, multi-asset alternative investments and custom accounts on behalf of institutional and high net worth clients.
The MSIM Alternatives Product Development team is responsible for overseeing all aspects of fund launches for private equity, private credit, real estate, infrastructure and hedge funds. The team partners with portfolio manager during the creation, design, and execution phases of these fund launches. The team leads initiatives with the sales and distribution team on competitor analysis The team also equips the Sales and Distribution Teams with current market updates, competitor analysis and trends in efforts to develop and maintain the product development pipeline.
This Product Development position will assist in the development and enhancement of alternatives investment products and services. The Analyst will work closely with senior team members and cross-functional groups to help drive innovative solutions and support the successful launch and management of alternatives products.
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Key Responsibilities:
- Work with investment team to understand strategy and opportunity
- Advise investment teams on appropriate fund structures and terms based on the investment strategy, target client base and competitive intelligence.
- Collect competitive intelligence- fundraising, fees and other terms as available from databases, Sales and MSWM as appropriate
- Conduct market research to gather insights on trends, customer needs, and competitive activities
- Analyze competitor research data to identify opportunities for new products or improvements to existing offerings
- Contribute to product development process through product design and launch activities including accessing sales demand, determine optimal fund structures and fund terms, preparing product approval materials and reviewing fund legal documents
- Establish working group including investment team, sales and all support functions (e.g., Operations, Tax, Marketing, Legal and Compliance, Risk, Finance, Client Services, Technology) and manage periodic working group meetings to ensure smooth product development and adherence to product launch timelines
- Assist in tracking product performance and preparing reports on key metrics and findings
- Determining fund terms in conjunction with the investment team, sales and MSWM as appropriate, and as informed by competitor data.
- Utilize data analysis tools for decision-making and product enhancements
- Assist MS Wealth Management (MSWM) on their investment and operational due diligence process, including coordination of meetings with investment team and other team members, providing all requested information, responding to questions, and participating in MSWM's approval meetings as requested.
- Provide support in organizing meetings, presentations, and special projects as needed
Qualifications:
- Bachelor's degree in Business Administration, Finance, Economics, or a related field
- 5-9 years of experience in product development, product strategy, financial analysis, or a related role within the banking or financial services industry
- Strong analytical, problem solving, organizational and project management skills
- Proven interpersonal and communication skills, both verbal and written
- Understanding of regulatory requirements and industry standards is a plus
- Skilled in Microsoft Office Suite (Excel, PowerPoint, Word). Experience with data analysis tools is a plus
- Prior alternatives experience preferred
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.
Expected base pay rates for the role will be between $125,000 and $225,000 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).
Perks and Benefits
Health and Wellness
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Fitness Subsidies
- On-Site Gym
- Pet Insurance
- Mental Health Benefits
- FSA
- Virtual Fitness Classes
- HSA
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Return-to-Work Program
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Adoption Leave
Work Flexibility
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Company Outings
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Leave of Absence
- Volunteer Time Off
- Personal/Sick Days
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
- Financial Counseling
Professional Development
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Access to Online Courses
- Lunch and Learns
- Work Visa Sponsorship
- Leadership Training Program
- Associate or Rotational Training Program
- Internship Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)