Jobs · Business Development · New York

Associate Market Manager

Morgan Stanley · New York, NY · 3 wk ago
Business Development$150k–$160k/yrFull-time

Leadership Duties and Responsibilities

  • Leads by example by maintaining a positive morale, a track record of personal growth or reputation for growth, has ethical business practices, and demonstrates a commitment to diversity and respect for others
  • Leverages the resources of the Firm to achieve the highest level of success
  • Plays a key role in leading Market’s efforts of sales and growth
  • Leads proactively by identifying trends, potential areas of growth and weakness and addressing these areas in order to positively position the Market within the geographic area

Team Building

  • Plays a role in building an effective team across the Market by communicating relevant information on a timely basis 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

Product/Business Knowledge

  • Has a thorough understanding of the Firm’s products and those of its strategic partners; uses this knowledge to provide resources and direction to drive sales
  • Possesses a good understanding of the Firm’s resources; able to direct the sales force to the right resources in an efficient manner as to make the sales process more efficient
  • Has the ability to effectively apply product/business knowledge to recruiting efforts

Accountability

  • Plays a leading role in the Market’s financial and sales performance, including expense management
  • Aids in regulatory, legal and compliance issues including: Risk management for the Market in regards to monitoring sales, human resources, and legal and regulatory practices
  • Aids in the creation and administration of an Annual Supervisory Plan for the Market
  • Contributes to establishing a core compliance model in offices under supervision

Sales/Marketing

  • Seeks opportunities to grow business and drive sales by capitalizing on Firm initiatives
  • Aids Market Executive in driving corporate marketing initiatives to help increase market share in High Net Worth households

Education, Experience, Knowledge, And Skills

  • 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
  • Licenses And Registrations: 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 team, Financial Advisors, support staff, clients and corporate and field personnel as needed
  • 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

What You Can Expect From Morgan Stanley

  • Raising, managing and allocating capital for clients
  • Working alongside the best and the brightest in a collaborative and creative environment
  • Supporting employees and their families at every point along their work-life journey
  • Opportunity to move about the business for those who show passion and grit in their work

Equal Opportunity Employer

  • Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.

Additional Information

  • Expected base pay rates for the role will be between $150,000 and $160,000 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.
  • For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

Similar jobs

Associate Market Manager

Morgan StanleyRochester, NY· 3 mo ago
Business Development$150k–$160k/yrapply on morganstanley.eightfold.ai

Associate Market Manager

Fellowes BrandsSchaumburg, IL· 1 wk ago
Business Development$70k–$80k/yrapply on careers.fellowes.com

Associate Market Manager

Morgan StanleySeattle, WA· 10 mo ago
Business Development$150k–$160k/yrapply on morganstanley.eightfold.ai

Associate Market Manager

Morgan StanleyWest Conshohocken, PA· 1 wk ago
Business Developmentapply on morganstanley.eightfold.ai