Managing Director
MFS Investment Management · Utica-Rome Area · 3 days ago
HybridBusiness Development$125k/yrFull-time
About the role
The Managing Director oversees the division and Senior and Regional Consultants. They develop and maintain a close and direct relationship with the team, sales management and MFS clients. They partner with Senior Managing Directors to develop plans to implement sales strategy in respective markets.
Responsibilities
- Oversees personnel management for a sales team.
- Develops talent, sets goals and objectives and conducts performance discussions.
- Ensures staff is appropriately trained, instructed and kept current on issues affecting MFS and the industry.
- Makes decisions regarding employment, compensation and performance ratings in conjunction with the Senior Managing Director.
- Oversees and ensures timely filing of expense reports, reviews call activity, and ensures compliance of the team with internal MFS regulations as well as external regulatory requirements.
- Keeps abreast of industry trends and developments in the market through intermediary contacts, trade press and industry associations.
- Develops relationships and cultivates networks with people across a variety of functions within MFS, with customers, centers of influence and in the industry in order to effectively identify trends and opportunities.
- Represents MFS as a presenter at appropriate forums, e.g., meetings with clients, shareholders and the general investment public.
- Coaches team members to help ensure that goals are met, by providing resources, information and support.
- Travels with direct reports to observe selling skills, monitor performance and provide feedback.
- Develops strategic plans and standards necessary to capitalize on market opportunities.
- Structures effective territory management programs.
- Maintains continuing education requirements, including annual compliance training and keeping current with MFS initiatives.
- Performs additional duties as required.
Requirements
- BS degree or equivalent experience.
- 8-12+ years of related experience required and minimum of five years external sales experience.
- Strong leadership skills, including goal setting, performance management, etc.
- Strong communication skills and demonstrated leadership capability.
- In-depth product knowledge and MFS knowledge regarding investment procedures.
- Outstanding interpersonal, analytical, selling and presentation skills.
- Able to meet extensive travel requirements of the position.
Qualifications
- FINRA licensing in accordance with MFS’s policy.
Benefits
- Base Salary: $125,000.00
- This position is eligible for competitive commission pay.
Pay
- Base Salary: $125,000.00
- This position is eligible for competitive commission pay.
Schedule
- MFS is a hybrid work environment (remote/onsite).