Associate Private Banker

Morgan Stanley • New York, NY

147d • $85,000 - $135,000

About The Position

Morgan Stanley is seeking a high potential candidate for the position of Associate Private Banker (APB) to join the Sales Team in the Private Banking Group. The APB will provide product and service support for the Private Bankers in the region as well as the Region Manager. The role involves partnering with Private Bankers and Advisors to assess opportunities and provide suitable cash management and lending solutions for clients, establishing a reputation of execution and excellence, assisting in developing and implementing marketing campaigns, and communicating new product and policy enhancements to Financial Advisors and branch staff.

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

Nice To Haves

• 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
• Ability to understand the financial needs of the retail brokerage clientele
• Maintain poise, presence and professionalism with Financial Advisors and their affluent clients
• 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
• Provide Private Banking products/solutions, distribution and service support to Financial Advisors and their clients
• Establish a reputation of execution and excellence to gain confidence of Financial Advisors and Private Bankers
• Assist in developing and implementing marketing campaigns
• Maintain adequate marketing pipelines to meet revenue targets
• Communicate new product and policy enhancements to Financial Advisors and branch staff
• Work effectively with Financial Advisors, Branch Managers & staff, Private Bankers & Product partners

Benefits

• Comprehensive employee benefits and perks
• Opportunities for career advancement within the company
• Support for employees and their families at every point along their work-life journey

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees