Associate Market Manager

711 MS Smith Barney, LLC; Town/Village of Harrison (NY); On-site; USD 120,000 - 180,000; Full time

Job summary

Morgan Stanley seeks an Associate Market Manager in the New York area to oversee comprehensive market operations, drive revenue growth, and ensure high client service standards. The role emphasizes leadership, risk management, and cross-functional collaboration across sales, compliance, and operations.

The candidate should bring 4+ years in financial advisory or related management, plus relevant licenses and a Bachelor’s degree, to lead market initiatives and nurture high-performing teams within

Qualifications

• Bachelor's degree required, with 4+ years of financial advisory or management experience.
• Active Series 7, 8 (or 9 and 10), 66 (or 63 and 65) and 3 registrations; other licenses as required for role.

Responsibilities

• Leadership: Leads by example with positive morale, growth mindset, ethical practices, and commitment to diversity and respect for others.
• Team Building: Builds an effective Market team through clear communication, meetings, and participation in Market/Region initiatives.
• Product/Business Knowledge: Thorough understanding of the Firm's products and partners; directs sales resources efficiently.
• Accountability: Oversees Market's financial and sales performance, assists in regulatory and compliance matters, and helps create an annual supervisory plan.
• Sales/Marketing: Seeks opportunities to grow business and drives Marked share in High Net Worth households.

Skills

Communication skills

Critical thinking

Team leadership

Attention to detail

Stakeholder management

Project ownership

Time management

Education

Bachelor's Degree in Finance/Business

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 in ensuring proper fiscal management, personnel management and morale, and business ethics and practices, as well as compliance with all Federal, State, and Local laws and regulations. In addition, it is expected that individuals successful in this role will be goal-oriented and interested in pursuing future Branch or other management positions. The Associate Market Manager reports directly to the Market Executive.

DUTIES and RESPONSIBILITIES:

• Leadership: Leads by example by maintaining a positive morale, a track record of personal growth or reputation for growth, has ethical business practices, and demonstrates a commitment to diversity and respect for others Leads proactively by identifying trends, potential areas of growth and weakness and addressing these areas in order to positively position the Market within the geographic area Leverages the resources of the Firm to achieve the highest level of success Plays a key role in leading Market’s efforts of sales and growth
• Team Building: Plays a role in building an effective team across the Market by communicating relevant information on a timely basis and conducting meetings on behalf of the Market Executive Participates in Market and Region initiatives, including sales, hiring, recruitment, diversity, and community outreach Plays a key role in growing the Market through hiring, lateral recruiting and training
• 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 drive sales Possesses a good understanding of the Firm’s resources; able to direct the sales force to the right resources in an efficient manner as to make the sales process more efficient Has the ability to effectively apply product/business knowledge to recruiting efforts
• Accountability: Plays a leading role in the Market’s financial and sales performance, including expense management Assists in regulatory, legal and compliance issues including: Risk management for the Market in regards to monitoring sales, human resources, and legal and regulatory practices Assists in the creation and administration of an Annual Supervisory Plan for the Market Contributes to establishing a core compliance model in offices under supervision
• Sales/Marketing: Seeks opportunities to grow business and drive sales by capitalizing on Firm initiatives Assists Market Executive in driving corporate marketing initiatives to help increase market share in High Net Worth households

EDUCATION, EXPERIENCE, KNOWLEDGE AND SKILLS:

• Education and/or Experience: At least 4 or more years of experience as a Financial Advisor (with satisfactory production and compliance record), or comparable product area or management experience Bachelor’s Degree required
• 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 Market level
  • Ability to organize and prioritize work, meet deadlines, and complete projects

Reports to: Dual reporting into the Market Executive and the Regional Chief Operating Officer

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

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. 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.

• 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.

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.