E*TRADE - AVP, Product Manager, Trading

More than 30 years ago, E TRADE pioneered the online brokerage industry by executing the first-ever electronic individual investor trade. While the landscape of our industry has changed dramatically, our culture of innovation and drive to make online trading accessible to everyone continues to drive us forward. We believe in challenging the status quo, fostering an environment of curiosity and learning, and, above all, putting our custom e rs first. In 2020, ETRADE joined Morgan Stanley, signali

More than 30 years ago, E TRADE pioneered the online brokerage industry by executing the first-ever electronic individual investor trade. While the landscape of our industry has changed dramatically, our culture of innovation and drive to make online trading accessible to everyone continues to drive us forward. We believe in challenging the status quo, fostering an environment of curiosity and learning, and, above all, putting our custom e rs first. In 2020, ETRADE joined Morgan Stanley, signaling a major industry shift that brought Wall Street and Main Street together more than ever before. As ETRADE's parent company, Morgan Stanley plays an important role in expanding what we can offer to investors, though E TRADE still functions as an independent entity. RESPONSIBILITIES Overview More than 30 years ago, E TRADE pioneered the online brokerage industry by executing the first-ever electronic individual investor trade. While the landscape of our industry has changed dramatically, our culture of innovation and drive to make online trading accessible to everyone continues to drive us forward. We believe in challenging the status quo, fostering an environment of curiosity and learning, and, above all, putting our customers first. SUMMARY E TRADE Financial is looking for an experienced candidate with a solid background in Retail Trading platforms. Knowledge of retail brokerage operations and trading including equities, options, and futures trading is necessary. Additional knowledge around trading tools and features such as options chains, charts, buying power, and margin and risk vetting systems will be a valuable skill set. The primary responsibility of the position is to lead initiatives within the Trading Product team to implement new products or features that will enhance the client experience. 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 issues. RESPONSIBILITIES Lead new initiatives to introduce new functionality designed to enhance the trading experience Perform in depth analysis 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 company's roadmap REQUIREMENTS Qualifications Basic 2 to 5 years' experience in Product Management preferably in the Financial Services Industry OR extensive subject matter expertise in brokerage operations along with education in a relevant field Bachelor's degree - preferably in Finance, Economics, Marketing or quantitative field Preferred 3+ years of relevant work experience managing the end-to-end product life-cycle for digital products in the brokerage and/or Finance industry Excellent understanding of Equities/Options/Futures trading, and trading platforms. Ability and willingness to learn how to lead product development initiatives and write Business Requirement Documents, Functional Requirement Documents and user stories 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 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 Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet). #etrade