Associate Market Manager
Position Summary
The Associate Market Manager plays a key role in the overall management of all aspects of the Market. Job functions include retaining employees, managing risk, driving revenue growth, increasing profitability, maintaining a superior and consistent level of client service, developing cohesive teams, and providing consistent leadership. The Associate Market Manager helps in ensuring proper fiscal management, personnel management and morale, and business ethics and practices, as well as compliance with all Federal, State, and Local laws and regulations. In addition, it is expected that individuals successful in this role will be goal-oriented and interested in pursuing future Branch or other management positions.
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
- 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
- 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
- Sells opportunities to grow business and drive sales by capitalizing on Firm initiatives
- Assists 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
- 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 supportive environment
- Opportunities for professional development and advancement
- Comprehensive employee benefits and perks
- Supportive and inclusive workplace culture
- Equal opportunity employer committed to diversity and inclusion