Associate Market Manager

Morgan Stanley; Birmingham (MI); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Comprehensive benefits package

Competitive compensation

Health and wellness programs

Opportunities for advancement

Job summary

Morgan Stanley in Birmingham, Michigan is searching for an Associate Market Manager to oversee market operations. This leader will manage sales initiatives, team building, and compliance while ensuring superior client service and profitability. Candidates should possess at least 4 years of experience as a Financial Advisor, a Bachelor's Degree, and relevant licenses. The role emphasizes effective communication skills, critical thinking, and team management, all within a supportive work environment focused on diversity and advancement.

Qualifications

• At least 4 years of experience as a Financial Advisor or comparable management experience.
• Active Series 7, 8 (or 9 and 10), and 66 (or 63 and 65) registrations.
• Other licenses as required for the role.

Responsibilities

• Lead by example, maintaining positive morale and ethical practices.
• Identify trends and growth opportunities in the Market.
• Build an effective team by communicating information and conducting meetings.
• Drive sales and marketing initiatives to grow business.

Skills

Effective written and verbal communication skills

Critical thinking ability

Team management ability

Strong attention to detail

Organize, prioritize work, meet deadlines, and complete projects

Education

Bachelor's Degree

Job description

Position Summary

The Associate Market Manager plays a key role in the overall management of all aspects of the Market. Job functions include retaining employees, managing risk, driving revenue growth, increasing profitability, maintaining a superior and consistent level of client service, developing cohesive teams, and providing consistent leadership. The Associate Market Manager helps ensure proper fiscal management, personnel management, morale, and business ethics and compliance with all Federal, State, and Local laws and regulations. The role reports directly to the Market Executive.

Duties and Responsibilities

• Lead by example, maintaining a positive morale, personal growth, and ethical business practices.
• Identify trends, growth opportunities, and weaknesses, and address them to position the Market strategically.
• Leverage the firm’s resources to achieve success.
• Lead the Market’s sales and growth initiatives.

Team Building

• Build an effective team across the Market by communicating relevant information and conducting meetings.
• Participate in market and region initiatives, including sales, hiring, recruitment, diversity, and community outreach.
• Grow the Market through hiring, lateral recruiting, and training.

Product / Business Knowledge

• Understand firmly the firm’s products and those of strategic partners; use this knowledge to guide sales.
• Direct sales force to efficient resources and improve the sales process.
• Apply product/business knowledge to recruiting efforts.

Accountability

• Lead the Market’s financial and sales performance, including expense management.
• Assist with regulatory, legal, and compliance issues, risk management, and legal practices.
• Create and administer the Annual Supervisory Plan for the Market.
• Contribute to establishing a core compliance model in supervised offices.

Sales / Marketing

• Seek opportunities to grow business and drive sales via firm initiatives.
• Assist the Market Executive in driving corporate marketing initiatives to increase market share in High Net Worth households.

Education & Experience

• At least 4 years of experience as a Financial Advisor with a satisfactory production and compliance record, or comparable product area or management experience.
• Bachelor’s Degree required.

Licenses & 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 the role or by management.

Skills

• Effective written and verbal communication skills.
• Critical thinking ability.
• Team management ability.
• Strong attention to detail.
• Interaction with senior management, advisors, support staff, clients, and corporate personnel.
• Project ownership at Market level.
• Organize, prioritize work, meet deadlines, and complete projects.

Reports To

• Dual reporting into the Market Executive and the Regional Chief Operating Officer.

Benefits

Morgan Stanley offers a comprehensive benefits package designed to support employees and their families at all stages of life, including competitive compensation, health and wellness programs, and opportunities for advancement.

Equal Employment Opportunity

Morgan Stanley is an equal opportunity employer committed to building a diverse workforce. Hiring, development, and advancement are based on skills, experience, and talent.