Morgan Stanley

Associate Product Manager / Assistant Vice President - 529 Plans

Morgan Stanley$85K — $140K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; relevant professional credential is a plus.
  • 3-5+ years of experience in Wealth Management, Investment Management, or related fields.
  • Series 7 & 63 required (or willingness to obtain within 180 days).
  • Deep knowledge of 529 Plans and related regulatory requirements.
  • Advanced proficiency in Microsoft Office (Excel, PowerPoint, Outlook, Word, Teams).
  • Strong client service orientation with experience in direct interactions.
  • Highly organized and detail-oriented with capability to manage multiple initiatives.

Responsibilities

  • Support and manage growth of a $20B portfolio of 27 529 Plans.
  • Develop and deliver training for field audiences on 529 Plans and related systems.
  • Coordinate with Legal, Risk, and Compliance teams to mitigate operational risks.
  • Engage external parties to enhance client and field experiences.
  • Facilitate contract execution for plan and asset manager conversions.
  • Provide high-quality service on specialized product and operational matters.
  • Maintain and enhance the 529 Plan control environment and governance documentation.

Benefits

  • Comprehensive health and wellness benefits.
  • Employee assistance programs and financial planning support.
  • Generous retirement savings plan with employer contributions.
  • Professional development and training opportunities.
  • Flexible work arrangements and a collaborative culture.
Full Job Description
This role is dedicated primarily to 529 Plans and combines field coverage, client experience, product expertise, business management, plan and asset manager engagement, strategic projects, platform support, and risk and control responsibilities.

Key Responsibilities
  • Support and help manage continued growth of a platform of 27 529 Plans with $20B in AUM.
  • Develop and deliver scalable training and communications for field audiences on Morgan Stanley 529 Plans, systems, available tools, and end-to-end 529 processing.
  • Coordinate across Legal, Risk, Compliance, Operations, Technology, Platform, and other internal control functions to identify and mitigate business, operational, regulatory, product, and client risks.
  • Engage Plan/Asset Managers, Transfer Agents (Recordkeepers), and other external parties to resolve inquiries, improve the client and field experiences, implement system enhancements, and maintain platform quality.
  • Support contract amendments and implementation activities associated with plan/asset manager conversions and plan changes, ensuring timely execution and minimizing client disruption.
  • Provide timely, high-quality service on specialized product, account, transfer, operational, and platform matters that require direct human engagement and informed judgment.
  • Maintain and enhance the 529 Plan control environment, policies, procedures, governance documentation, and escalation protocols.
  • Ensure plan conversions, fee changes, product changes, and related client and field communications are governed and implemented in accordance with Firm policies, approvals, and control standards.
  • Ability to provide consistent client guidance and manage critical matters, field inquiries, and product support.

Experience and Qualifications
  • Bachelor's degree required; relevant professional credential is a plus.
  • 3-5 or more years of relevant experience in Wealth Management, Investment Management, product development, product management, project management, operations, consulting, or a related field.
  • Series 7 & 63 (or willingness to obtain within 180 days)
  • Working knowledge of 529 Plans and ability to develop deep expertise in product structures, state tax considerations, legislative developments, estate planning applications, plan administration, transfers, processing, and regulatory requirements.
  • Advanced proficiency in Microsoft Excel, PowerPoint, Outlook, Word, and Teams.
  • Comfort using artificial intelligence and automation to improve efficiency while recognizing when human judgment, relationship management, and live interaction are essential.
  • Strong client service and field support orientation, with the confidence to interact directly with Financial Advisors, Support Professionals, field management, plan/asset managers, transfer agents, vendors, and control partners.
  • Highly organized and detail oriented, with ability to manage concurrent obligations and multiple strategic initiatives while meeting deadlines in a complex, highly regulated environment.
  • Excellent verbal, written, interpersonal, presentation, facilitation, and training skills.
  • Ability to think creatively and strategically with strong analytical, problem solving, project management, and execution capabilities.
  • Sound reasoning and the ability to resolve complex, specialized questions, identify risks, and escalate matters appropriately.


Expected base pay rates for the role will be between $85,000 and $140,000 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.

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

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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