ChicagoRecruiter Since 2001
the smart solution for Chicago jobs

E*TRADE - AVP, Financial Product Management

Company: Morgan Stanley
Location: Chicago
Posted on: September 25, 2022

Job Description:

SUMMARYE*TRADE Financial is looking for an experienced candidate with a good understanding of Margin and Equity Trading concepts. Knowledge of retail brokerage risks and operations including Balances and Buying Power (BBP), Day Trading Rules and Regulations, and Special Memorandum Account (SMA) will be a valuable skill set. Prior experience in consulting will be a valuable skillset for this position The primary responsibility of the position is to lead initiatives within the Margin Product team to implement new products or features that will enhance the client experience and/or mitigate against the inherent risk of margin trading. The role requires the candidate to oversee the end-to-end product development lifecycle - including requirements gathering, development support, pre and post launch strategy for a variety of products in the assigned portfolios. The desired candidate should be a self-starter, a problem solver and must be driven to solve complex business issuesRESPONSIBILITIES

  • Lead new initiatives to introduce new functionality designed to enhance the margin experience
  • Perform in depth analysis of the margin book with key stakeholders to identify areas of revenue opportunities and put forward a plan to implement required changes
  • Create an overall Product strategy to position the Product as a leader in functionality, experience and ability to drive value for the firm
  • Assist and lead, where applicable, in developing and communicating strategy for individual products based upon understanding of market, competition, regulatory and legislative trends
  • Work with Risk and Service partners to identify system or experience gaps that need to be addressed.
  • Provide Product Support: Research and resolve complex issues related to assigned products or core competency
  • Track and oversee the implementation of the fixes related to the gaps found during the course of the analysis.
  • Work with various stakeholders through the agile framework to fix existing issues and/or bring new initiatives to light.
  • Work and build solid relationship with key stakeholders including Operations, Customer Service, Marketing, Technology and Quality Assurance teams to deliver simple, elegant and defect free products
  • Champion new products throughout the organization
  • Conduct and monitor the competitive landscape and propose actionable recommendations aligned with the companys roadmapJob Requirements
    • Minimum of 2 to 5 years experience in Product Management preferably in the Financial Services Industry OR extensive subject matter expertise in brokerage operations and risk management along with education in a relevant field
    • Excellent understanding of Margin, Equity/Option trading, BBP, SMA and Risk Management practices related to order vetting and processing.
    • Ability and willingness to learn how to lead product development initiatives and writing Business Requirement Document, Functional Requirement Documents and user stories
    • Prior Management consultant will be a valuable skillset
    • Ability to engage and find opportunities beyond individual responsibilities
    • Excellent written and verbal communication skills
    • Ability to clearly articulate complex ideas to a diverse audience
    • Strong organizational skills to work on multiple projects simultaneously for on time and within budget delivery
    • Demonstrates effectiveness in a fast-paced, demanding, client-driven environment.
    • Strong understanding of the retail client and ability to view proposed solutions through the eyes of the client.
    • An energetic person with an entrepreneurial attitude.
    • Bachelor degree preferably in Finance, Economics or MarketingMorgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet)ETRADEJob: *Digital Title: ETRADE - AVP, Financial Product Management* Location: Illinois-Chicago Requisition ID: 3173890

Keywords: Morgan Stanley, Chicago , E*TRADE - AVP, Financial Product Management, Executive , Chicago, Illinois

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds