Resident Manager

PowerToFly; Winchester; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm in Winchester seeks a Resident Manager to enhance branch performance and client relations. The role involves driving revenue, compliance management, and team leadership, requiring strong communication skills and a Bachelor's degree. Ideal candidates have a minimum of 5 years' experience in financial advising and relevant licenses. Attractive benefits are included for successful applicants.

Benefits

Attractive and comprehensive benefits

Qualifications

• At least 5 years of experience as a Financial Advisor with satisfactory production and compliance record.
• Active Series 7, 8 (or 9 and 10), 66 (or 63 and 65) and 3 registrations.

Responsibilities

• Drive revenue and manage risk within the branch.
• Build a client base of high net worth households.
• Lead the branch's sales and client-centered approach.

Skills

Effective written and verbal communication skills

Ability to think critically

Ability to manage a team

Strong attention to detail

Ability to organize and prioritize work

Education

Bachelor's degree or equivalent education

Job description

POSITION SUMMARY

The Resident Manager’s primary focus is to drive revenue and manage risk within their branch while continuing to build a book of business. Job functions include maintaining a superior and consistent level of client service, developing cohesive teams, providing consistent leadership, and assuming accountability for Branch results.

Resident Managers must be responsible for fiscal management, personnel management and morale, business ethics and practices, and compliance with all Federal, State, and Local laws and regulations. The Resident Manager reports directly to either the Market Executive, Non‑Producing Branch Manager, or Producing Branch Manager and will manage a smaller producing branch office.

DUTIES AND RESPONSIBILITIES

Production related:

• Build a client base of high net worth households by prospecting and developing new client relationships, and maintain and manage long‑term client relationships.
• Help manage client investment needs consistent with Firm policies and industry requirements.
• Keep current with information regarding regulatory requirements, financial markets, and current and new products.

Product/Business Knowledge:

• Has a thorough understanding of the Firm’s products and those of its strategic partners; uses this knowledge to provide resources and direction to help drive sales.
• Has a good understanding of the Firm’s resources; able to direct the sales force to the appropriate resources efficiently.
• Effectively applies product/business knowledge to recruiting efforts; able to translate competitor offerings into Morgan Stanley Wealth Management products and explain how a recruit will help meet client needs.

Sales/Marketing:

• Seeks opportunities to grow business and drive sales by capitalizing on Firm initiatives.
• Builds strong relationships with corporate departments and strategic partners to achieve marketing efforts of the Branch.
• Promotes corporate and complex initiatives and communicates them to Financial Advisors within their branch.

Team Building:

• Builds an effective team in the branch by communicating relevant information timely and conducting regular meetings.
• Participates in Region and Market initiatives including sales, hiring, recruitment, diversity, and community outreach.

LEADERSHIP

• Leads by example to ensure the branch consistently achieves objectives, maintains positive morale, has a reputation for growth, ethical business practices, and commitment to diversity and respect.
• Proactively identifies trends, potential growth areas, and weaknesses and addresses them to position the branch favorably in the geographic market.
• Leads the Branch’s efforts of Sales, results, and client‑centered approach experience.
• Leverages Firm resources to achieve highest level of success.
• Acts as a coach and mentor for Financial Advisors to help drive results.

ACCOUNTABILITY

• Responsible for the Branch’s sales performance and financial performance.
• Responsible for regulatory, legal, and compliance issues including risk management for monitoring sales, HR, and legal practices.
• Follows supervisory procedures outlined in the Branch Manager Supervisory Manual.
• Executes the Annual Supervisory Plan.
• Communicates status of performance and issues to Complex Manager/Non‑Producing Branch Manager/Producing Branch Manager.

EDUCATION AND/OR EXPERIENCE

• Bachelor’s degree required or equivalent education or experience.
• At least 5 years of experience as a Financial Advisor with satisfactory production and compliance record, or equivalent branch management or industry experience.

LICENSES AND REGISTRATIONS

• Active Series 7, 8 (or 9 and 10), 66 (or 63 and 65) and 3 registrations (Series 31 acceptable if branch conducts managed futures business only).
• Other licenses as required for role or by management.

SKILLS

• Effective written and verbal communication skills.
• Ability to think critically.
• Ability to manage a team.
• Strong attention to detail.
• Ability to interact with senior management team, Financial Advisors, support staff, clients and corporate and field personnel as needed.
• Ability to own projects at a Branch level.
• Ability to organize and prioritize work, meet deadlines, and complete projects.

REPORTS TO

Direct: Market Executive/Non‑Producing Branch Manager/Producing Branch Manager.

DIRECT REPORTS

• Financial Advisors and Branch support staff.

This list is directional and may be supplemented as needed.

All candidates should verify that they meet the minimum eligibility requirements prior to applying.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY

We are committed to maintaining the first‑class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – guide our decisions daily, helping us meet the best for our clients, communities, and more than 80,000 employees worldwide.

At Morgan Stanley, you’ll have the opportunity to work alongside the best and brightest in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We proudly support our employees and families at every point along their work‑life journey, offering attractive and comprehensive benefits and perks.

For more information on our offices worldwide, copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Morgan Stanley’s goal is to build and maintain a workforce that is diverse and uniform in reflecting our standards of integrity and excellence. Our recruiting efforts reflect our desire to attract and retain the best and brightest talent. We want to be the first choice for prospective employees.

EQUAL EMPLOYMENT OPPORTUNITY STATEMENT

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal‑opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).