Associate Market Manager

About the Role

The Associate Market Manager plays a key role in the overall management of all aspects of the Market. This position involves retaining employees, managing risk, driving revenue growth, increasing profitability, maintaining superior client service, developing cohesive teams, and providing consistent leadership. The role ensures proper fiscal management, personnel management, morale, business ethics, and compliance with all Federal, State, and Local laws and regulations. Successful candidates will be goal-oriented and interested in pursuing future Branch or other management positions. The Associate Market Manager reports directly to the Market Executive.

Responsibilities

• Leads by example with positive morale, personal growth, ethical business practices, and a commitment to diversity and respect.
• Identifies trends, potential areas of growth, and weaknesses to proactively position the Market within the geographic area.
• Leverages Firm resources to achieve the highest level of success.
• Leads Market efforts in sales and growth.
• Builds an effective team by communicating relevant information and conducting meetings on behalf of the Market Executive.
• Participates in Market and Region initiatives, including sales, hiring, recruitment, diversity, and community outreach.
• Plays a key role in growing the Market through hiring, lateral recruiting, and training.
• Possesses thorough understanding of the Firm’s products and strategic partners to drive sales and improve efficiency.
• Directs the sales force to appropriate resources to streamline the sales process.
• Applies product/business knowledge to recruiting efforts.
• Plays a leading role in the Market’s financial and sales performance, including expense management.
• Assists in regulatory, legal, and compliance issues, including risk management for sales, human resources, and legal practices.
• Assists in the creation and administration of an Annual Supervisory Plan for the Market.
• Contributes to establishing a core compliance model in offices under supervision.
• Seeks opportunities to grow business and drive sales by capitalizing on Firm initiatives.
• Assists the Market Executive in driving corporate marketing initiatives to increase market share in High Net Worth households.

Requirements

• At least 4 or more years of experience as a Financial Advisor (with satisfactory production and compliance record), or comparable product area or management experience.
• Bachelor’s Degree required.

Qualifications

• Active Series 7, 8 (or 9 and 10), 66 (or 63 and 65), and 3 registrations (Series 31 acceptable if Branch conducts managed futures business only).
• Other licenses as required for role or by management.

Skills

• Effective written and verbal communication skills.
• Ability to think critically.
• Ability to manage a team.
• Strong attention to detail.
• Ability to interact with senior management, Financial Advisors, support staff, clients, and corporate and field personnel.
• Ability to own projects at a Market level.
• Ability to organize and prioritize work, meet deadlines, and complete projects.

Reports To

Dual reporting into the Market Executive and the Regional Chief Operating Officer.

Benefits

At Morgan Stanley, we offer some of the most attractive and comprehensive employee benefits and perks in the industry. Our teams are supported and empowered in an environment that values diverse backgrounds and experiences. We provide opportunities for career growth and movement within the business for those who show passion and grit in their work.