Alternative Investments Sales Desk Associate

711 MS Smith Barney, LLC; United States; On-site; USD 70,000 - 115,000; Full time

Job summary

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The AI Sales Associate role supports the AI Sales team within Wealth Management, coordinating sales efforts for hedge funds, private equity, private credit, and other Alternative Investments across the territory.

The position focuses on proactive outreach, relationship management, cross-team collaboration and event coordination

Qualifications

• Ability to explain complex information clearly.
• Ability to make presentations effectively.
• Highly motivated and organized.
• Prior experience working in wealth management or financial services.
• Sales and marketing experience.
• Knowledge of alternative investments.
• Team player with ability to work in a team or independently.
• Proficient with Excel, Word and PowerPoint.
• Bachelor's degree required.
• Two years+ related financial services sales experience.
• Active Series 7 and 66 (or 63 and 65) required upon hire or within 120 days of hire date.
• Salesforce experience preferred.
• Excellent verbal and interpersonal skills.

Responsibilities

• Make outbound calls to MSWM Financial Advisors and Private Wealth Advisors; field incoming calls on the sales desk.
• Build new and maintain existing relationships with AI users in the territory.
• Work closely with the AI Sales Director and AI Specialist as internal partners covering their territory.
• Coordinate the efforts of third-party wholesalers/resources within the territory.
• Coordinate regional events and roadshows with fund managers to educate Morgan Stanley Advisors and clients on AI strategies.
• Collaborate with product development, research, investor relations and operations on demand assessments and marketing materials.

Skills

Verbal skills

Presentation skills

Team player

Wealth management knowledge

Sales experience

Alternative investments knowledge

Excel

PowerPoint

Salesforce

Education

Bachelor's degree

Tools

Salesforce

Microsoft Office

Job description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

The Field and Client Business Development Group within Investment Solutions, supports the Firm’s Financial Advisors by managing the field sales support of non-banking products and the business development functions for our branch network. The Alternative Investments (AI) Sales Team is a 35-member team within Wealth Management representing the full Alternative Investments Platform. As an expert and trusted resource within the AI Sales team, the AI Sales Associate will act as a contact on the internal sales desk for the respective sales territory and assist in the coordination of all sales efforts for the MSWM Alternative Investments platform, including: hedge funds, private equity, private credit, private real estate funds, managed futures, exchange funds and other Alternative Investment strategies. The Alternative Investments platform has approximately $285 billion of assets.

Key Responsibilities

• Responsible for proactively making outbound calls to MSWM Financial Advisors and Private Wealth Advisors and for fielding incoming calls on the sales desk


• Build new and maintain existing relationships with AI users in the territory


• Work closely with the AI Sales Director and AI Specialist as their internal partners covering their territory


• Coordinate the efforts of third-party wholesalers/resources within the respective territory


• Coordinate regional events and roadshows with fund managers to educate Morgan Stanley Advisors and clients on Alternative Investment strategies and products


• Work across the department with the product development, research, investor relations, and operations teams on demand assessments, marketing materials, etc.

Knowledge and Skills Required

• Ability to explain complex information clearly and simply


• Ability to make presentations effectively


• The ideal candidate should be highly motivated and organized


• Prior experience working in wealth management or financial services


• Sales and marketing experience


• Knowledge of alternative investments


• Must be a team player with the ability to work effectively in a team or independently


• Ability to represent the Firm professionally with internal and external contacts


• Knowledge of Excel, Word, and PowerPoint programs is a plus


• Bachelor's degree required


• Two years+ related financial services sales experience required


• Active Series 7 and 66 (or 63 and 65) required upon hire or within 120 days of hire date


• Salesforce (or alternative CRM) experience preferred


• Excellent verbal and interpersonal skills

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries.

At Morgan Stanley, you’ll find an opportunity to work alongside the best and the 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 are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $70,000 and $115,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.