Associate Private Banker
About The Position
Morgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management, and Asset Management. Wealth Management provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit & lending, deposits & cash management, annuities, insurance, retirement and trust services. We are seeking a high potential candidate (“Associate Private Banker” or “APB”) to join our Sales Team in the Private Banking Group. The Associate Private Banker will provide product and service support for the Private Bankers in the region as well as the Region Manager.
Requirements
- Minimum of 3 years of experience with an investment, commercial or private bank
- 2 years of client service, business development and/or Sales Desk experience
- Experience in understanding the financial needs of all types of clients
- Bachelor’s degree preferred, or relevant work experience
- Strong knowledge of cash management and lending products including bank deposits, certificates of deposits, credit cards, residential mortgage products, home equity lines of credit, securities-based loans, high net worth tailored lending products & commercial credit products
- Excellent verbal and written communication skills
- Possess excellent relationship building, business development and service skills and have the desire and drive to consistently achieve top quartile results
- Ability to understand the financial needs of the retail brokerage clientele
- Maintain poise, presence and professionalism with FAs and their affluent clients in the most difficult circumstances
- Software proficiency (e.g., Word, Excel, PowerPoint)
- Demonstrate positive initiative, leadership and comfort working in a fast-paced environment
- Strong interpersonal collaboration and team skills including working with cross-functional teams
Responsibilities
- Partner with Private Banker(s) and Advisors to assess opportunities and provide suitable cash management and lending solutions for their clients
- Partner with their Private Banker(s) to provide FA and their client(s), Private Banking products/solutions, distribution and service support
- Establish a reputation of execution and excellence. Gain confidence of FAs and Private Bankers to fully develop the cash management and lending opportunities with their clients
- Assist in developing and implementing marketing campaigns
- Assist in the development and maintain adequate marketing pipelines to meet revenue targets.
- Communicate new product and policy enhancements to FAs and branch staff
- Work with and communicate effectively with Financial Advisors, Branch Managers & staff, Private Bankers & Product partners
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
