Business Development Associate *

Morgan Stanley • Sacramento, CA

390d • $50,000 - $105,000

About The Position

The Business Development Associate at Morgan Stanley plays a crucial role in the team's business development and marketing efforts. This position involves designing and updating tailored reporting for clients, engaging with clients to evaluate current offerings, and strategizing to implement new services. The associate will work closely with senior team members and contribute to building strong client relationships while optimizing business practices.

Requirements

• 5+ years of work experience in a relevant field.
• Four-year college degree or professional certification preferred.
• Active Series 7 (GS), and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA).
• Strong understanding of applicable compliance rules, regulations, and firm policies.
• Effective written and verbal communication skills.
• Strong computer skills including knowledge of Microsoft Office (Word, Excel, PowerPoint).
• Detail-oriented with superior organizational skills and ability to prioritize tasks.

Nice To Haves

• Additional product licenses may be required.
• Enjoys working with people and problem solving.
• Ability and interest in working in a fast-paced, evolving environment.

Responsibilities

• Develops and applies strategies to execute the business plan to achieve desired results.
• Identifies business opportunities and supports Financial Advisor / Private Wealth Advisor practice management.
• Creates potential strategies to enhance client relationships based on identified concerns and opportunities.
• Engages in strategic planning with team members on client matters.
• Partners with Financial Advisor / Private Wealth Advisor on investment recommendations and prepares reports that align with client goals.
• Takes accountability for optimizing business practices while adhering to best business ethics.
• Seeks opportunities to grow business by capitalizing on Firm initiatives.
• Builds strong relationships with corporate departments and strategic partners.
• Evaluates, develops, and implements new services in conjunction with Financial Advisor / Private Wealth Advisor.
• Stays attuned to updates and enhancements to firm products and policies.
• Actively engages clients and prospects to build relationships and identify needs.
• Leads team to establish and cultivate relationships with new and existing clients.
• Serves as a client contact for administrative problem resolution and fielding general client questions.
• Proactively shares targeted communications with clients leveraging digital tools.

Benefits

• Health savings account
• Paid holidays
• Disability insurance
• Health insurance
• Dental insurance
• 401(k)
• Paid time off
• Parental leave
• Vision insurance
• Life insurance

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree