Wealth Management Finance (FA Compensation Services) - Associate

Morgan Stanley•Purchase, NY

9d•Onsite

About The Position

We're seeking someone to join our Financial Advisor Compensation Services Team as an Associate in Wealth Management Finance to serve as a central point of contact for members of the Field leadership organization, as well as branch and market management, delivering timely, accurate, and professional support related to specialized compensation programs. The role requires strong analytical, communication, and problem solving skills, along with the ability to partner effectively across multiple business functions. In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Associate position within our Sales Compensation Job Family which is responsible for calculation commissions and compensation for the MSIM sales team and Wealth Management financial advisors. Includes due diligence, interactions with payroll, processing compensation and maintaining the integrity and accuracy of compensation data. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

Requirements

Working knowledge of Finance functional area, industry and competitive environment
Ability to communicate clearly and concisely, and adapt to various audiences
Willingness to seek guidance and provide feedback to further develop self and peers
Bachelor's degree
2-3 years of relevant experience in the Financial Services industry, with preferred exposure to Wealth Management
Excellent written, verbal, and interpersonal communication skills
Strong analytical and problem solving abilities with attention to detail
Proficiency in Microsoft Excel, PowerPoint, and Word
Demonstrated self starter who thrives in a fast paced, team oriented environment
Highly detail oriented with the ability to prioritize and manage multiple deliverables under committed deadlines
Proactive learner with a positive, solution oriented attitude
Motivation for continuous improvement and innovation
Independent, resourceful, and accountable in executing responsibilities
AI Integration Experience: Ability to manage AI agents and incorporate them into innovative business solutions
Strong judgment and discretion when handling sensitive compensation information
Ability to investigate, explain, and recommend corrective actions as needed
Comfort engaging with senior stakeholders and Field leadership

Nice To Haves

Familiarity with Alteryx and Dataiku is a plus

Responsibilities

Collaborate with a varied group of colleagues in Finance and across the Firm
Responsible for both individual and team deliverables and projects, leveraging knowledge of Finance functional area, tools and/or products
Adhere to the Firm's risk and regulatory standards, policies and controls
Act as a culture carrier; embody the Firm's values and hold yourself accountable to Firm standards
Develop and maintain an in depth understanding of Advisor Compensation Policies to effectively support both Field Management and Home Office teams in execution of the program
Partner with Field leadership to deliver day to day compensation support and respond to compensation related questions and escalations
Manage and resolve Field inquiries by investigating issues, clarifying policy, and providing clear, well supported responses
Ensure all written and verbal communications reflect Firm tone, style, and branch standards, with a strong focus on accuracy, consistency, and attention to detail
Partner with senior leaders, HR, and other business stakeholders to translate complex compensation concepts into clear, employee friendly communications
Collaborate cross functionally with colleagues in HR, Field Management, Technology, Finance, and Operations
Perform analytical investigations across business units, including collaboration with Technology and Operations teams to identify root causes and corrective actions
Communicate updates to Field Management regarding new or revised procedures, policies, events, and training initiatives