Morgan Stanley

Digital Banking Product Manager - Vice President

Morgan Stanley$110K — $190K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years in wealth management, retail/commercial banking, or consumer financial technology.
  • 8+ years in technology product management and design.
  • Experience in the software development lifecycle (SDLC) preferred.
  • BA/BS required; MBA or advanced degree preferred.
  • Understanding of banking business risk and control mechanisms.

Responsibilities

  • Define the vision and strategy for digital banking product offerings.
  • Lead technology initiatives for mobile and web platforms.
  • Deliver new products through collaboration with cross-functional teams.
  • Conduct client research to inform product design and requirements.
  • Support usability testing and translate findings into product improvements.
  • Research emerging trends in digital banking and payments.
  • Present findings to executive management for strategic decision-making.

Benefits

  • Collaborative and fast-paced work environment.
  • Opportunity to influence the future of digital banking.
  • Access to cutting-edge banking technologies.
  • Potential for incentive compensation and bonuses.
  • Participation in Morgan Stanley’s comprehensive benefit programs.
Full Job Description

Digital Product Manager - Vice President

Purchase, NY

Position Summary:

Our entrepreneurial Digital Platforms team is seeking a strategic, high-performing Digital Banking Product Owner to help define the vision, shape the product strategy, and lead the execution of several high-impact initiatives to help scale our platform. This is a unique opportunity to be a part of and influence the future direction of our platform, solve complex business problems, and deliver meaningful impact for our clients.

As a Product Owner, you will lead high-impact technology initiatives that bring innovative banking products and capabilities to market across the Morgan Stanley and E*TRADE client-facing web and mobile platforms. You will partner closely with Digital Product Managers and collaborate across design, engineering, operations, legal, risk, compliance, fraud and business stakeholders to deliver secure, compliant, and client-centric experiences that deepen client relationships and support the firm’s strategic priorities.

You will help define and execute the digital product strategy, translate objectives into actionable product roadmaps, and deliver scalable solutions that drive deposit growth, increase digital engagement, strengthen cash management offerings, and position the firm as a market leader in the digital banking space.

Job Requirements:

  • Work in a fun, fast-paced, and collaborative environment designing next-generation banking technology for clients (mobile apps, websites, embedded AI etc.).
  • Design innovative new products with market-leading competitive advantages that transform how clients save, manage, move, and spend their money.
  • Develop and execute the product vision, strategy, and roadmap for digital banking product offerings.
  • Deliver new products by partnering directly with technology, business, and operations teams to define and write requirements, manage the overall project plan, and execute deliverables.
  • Lead client research, requirements development, and user experience design for new digital products.
  • Support usability testing and translate findings into product improvements that drive increased adoption.
  • Research and analyze the digital banking and wealth management industries, with a focus on cash management and digital payments.
  • Present findings to executive management, and drive change execution aligned with Wealth Management priorities
  • 8+ years of professional experience in wealth management, retail and/or commercial banking, and/or consumer financial technology.
  • 8+ years of professional experience in technology product management and design.
  • Software development lifecycle (SDLC) experience preferred.
  • BA/BS required; MBA (or advanced degree) preferred.

Skills/Abilities:

  • Deep understanding of web and mobile technologies
  • Deep understanding of Retail Banking competitive landscape and emerging technologies
  • Sharp focus on usability and design
  • Excellent relationship building capabilities with internal and external partners
  • Understanding of Banking business risk and control mechanisms
  • Independent initiative and ability to operate in a fast-paced environment
  • Strong attention to detail in both technical and non-technical capacity
  • Strategic thinker able to define and evaluate alternatives, and translate goals into specific project tasks
  • Excellent communicator with solid written and verbal presentation skills
  • Solid business understanding to align product goals with organizational objectives
  • Effective communication to collaborate and influence more junior team members and stakeholders
  • Analytical skills to dive deep into data, identify trends, and inform product decisions.
  • Technical proficiency to understand the development process and support implementation
  • Problem-solving ability to navigate challenges and refine solutions
  • Team collaboration to work closely with cross-functional teams and foster a productive environment.

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.

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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