Associate Market Manager PWM

Morgan Stanley•San Francisco, CA

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 fiscal and personnel management, employee morale, business ethics, and compliance with applicable laws and regulations. Successful candidates are expected to be goal-oriented and interested in pursuing future Branch or other management positions. The position reports to the Market Executive and the Regional Chief Operating Officer. The Associate Market Manager leads by example, supports sales and growth efforts, identifies opportunities and risks, and uses Firm resources to help achieve Market objectives. The role contributes to team building, hiring, lateral recruiting, training, and participation in Market and Region initiatives. It also requires knowledge of the Firm’s products and resources to support sales and recruiting. The role contributes to the Market’s financial and sales performance, including expense management, and assists with regulatory, legal, and compliance matters. This includes risk monitoring, helping create and administer the Market’s Annual Supervisory Plan, and contributing to a core compliance model in supervised offices. The Associate Market Manager also seeks business growth opportunities and supports corporate marketing initiatives aimed at increasing market share in High Net Worth households.

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, Series 8 (or Series 9 and 10), Series 66 (or Series 63 and 65), and Series 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.
Critical-thinking ability.
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 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, promote positive morale, ethical business practices, personal growth, diversity, and respect.
Identify trends, growth opportunities, and areas of weakness, and address them to strengthen the Market’s position.
Leverage Firm resources to support Market success and lead sales and growth efforts.
Help build an effective Market team by sharing relevant information and conducting meetings on behalf of the Market Executive.
Participate in Market and Region initiatives, including 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 direct the sales force and support sales and recruiting.
Contribute to 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 the Market’s Annual Supervisory Plan and contribute to a core compliance model in supervised offices.
Identify business growth and sales opportunities by using Firm initiatives.
Assist the Market Executive with corporate marketing initiatives to increase market share in High Net Worth households.

Benefits

Medical insurance
Prescription drug coverage
Dental insurance
Vision insurance
Health Savings Account
Dependent Day Care Savings Account
Life insurance
Disability and other insurance plans
Paid time off, including sick leave consistent with state and local law
Parental leave
10 paid holidays
401(k)
Short- and long-term disability coverage
Other employee perks
May be eligible for annual discretionary incentive compensation and participation in the relevant business unit’s incentive compensation plan, potentially including a discretionary bonus component