Associate Market Manager, PWM

Morgan Stanley • New York, NY

10d

About The Position

The Associate Market Manager plays a key role in managing all aspects of the Market, including employee retention, risk management, revenue growth, profitability, client service, team development, and leadership. The role supports sound fiscal and personnel management, employee morale, ethical business practices, and compliance with applicable laws and regulations. Successful individuals are expected to be goal-oriented and interested in pursuing future Branch or other management positions. The position reports directly to the Market Executive; the job description also states dual reporting to the Market Executive and the Regional Chief Operating Officer.

Requirements

• At least 4 years of experience as a Financial Advisor with a satisfactory production and compliance record, or comparable product-area or management experience.
• Bachelor's degree required.
• Active Series 7, 8 (or 9 and 10), 66 (or 63 and 65), and 3 registrations; Series 31 is acceptable if the Branch conducts managed futures business only.
• Other licenses as required for the role or by management.
• Effective written and verbal communication skills.
• Ability to think critically and manage a team.
• Strong attention to detail.
• Ability to interact with senior management, 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.

Responsibilities

• Lead by example, support positive morale and personal growth, uphold ethical business practices, and demonstrate commitment to diversity and respect.
• Identify trends, growth opportunities, and areas of weakness, and address them to strengthen the Market's position in its geographic area.
• Leverage Firm resources to support success and lead Market sales and growth efforts.
• Help build an effective Market team by communicating relevant information promptly and conducting meetings on behalf of the Market Executive.
• Participate in Market and Region initiatives involving sales, hiring, recruitment, diversity, and community outreach.
• Support Market growth through hiring, lateral recruiting, and training.
• Use knowledge of Firm and strategic-partner products and resources to provide direction, drive sales, and improve the sales process.
• Apply product and business knowledge to recruiting efforts.
• Help lead the Market's financial and sales performance, including expense management.
• Assist with regulatory, legal, and compliance matters, including monitoring sales, human resources, and legal and regulatory practices.
• Assist in creating and administering an Annual Supervisory Plan for the Market and contribute to establishing a core compliance model in supervised offices.
• Seek opportunities to grow business and drive sales by capitalizing on Firm initiatives.
• Assist the Market Executive in implementing corporate marketing initiatives to increase market share among High Net Worth households.

Benefits

• Comprehensive employee benefits and perks.
• Commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages may be included depending on the position.
• Opportunity to move within the business.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level