Business Service Officer

PowerToFly; Washington (District of Columbia); On-site; USD 120,000 - 165,000; Full time

Benefits offered by this job

Medical and dental insurance

401(k) plan

Paid time off including vacations and holidays

Job summary

PowerToFly is looking for a Business Service Officer (BSO) to lead the execution of strategic priorities and oversee service functions within assigned branches. The BSO will mentor Support Professionals, ensure compliance with policies, and manage operational efficiency. Candidates should have a Bachelor's degree and active securities licenses, with strong leadership skills and attention to detail.

The role emphasizes relationship management, conflict resolution, and compliance with Firm policies while offering a salary range of $120,000 to $165,000.

Qualifications

• Bachelor's degree required or equivalent education.
• Previous industry experience is needed.
• Active Series 7, 9, 10, and 66 or equivalent licenses are required.

Responsibilities

• Lead a team of Support and Service Professionals.
• Manage client inquiries and requests.
• Identify process improvements to maximize productivity.

Skills

Effective written and verbal communication skills

Strong attention to detail

Leadership and talent development capabilities

Conflict resolution skills

Ability to manage relationships

Education

Bachelor's degree

Active Series 7, 9, 10, and 66 or 63 and 65 licenses

Job description

Business Service Officers (BSO) are responsible for shaping the future of service by modernizing ourclient experience through an elevated standard of care. The Business Service Officer (BSO) will reportdirectly to the Market Business Service Officer (MBSO) and is responsible for the supervision,management of Support Professionals and execution of all business and service functions within theassigned branches. Additional job responsibilities include facilitating communication and training forService Professionals, partner with Market Sales and Risk teams to ensure execution in all aspects of thebusiness and further support the MBSO with delivering on service initiatives.

DUTIES and RESPONSIBILITIES
People Management and Communication
• Lead the Branch in executing the organization’s strategic priorities by influencing and coachingbehavioral change with a focus on consistency, quality, and compliance with Firm policies andprocedures
• Lead, mentor, and supervise a team of Support and Service Professionals
• Promote cross-training, learning, development and recognition of Service and Support Professionalswithin the market
• Facilitate the interviewing, selection and onboarding of new hires, including newly recruitedFinancial Advisors and their Support Professionals
• Partner with MBSO and Human Resources regarding all aspects of people management, includingannual performance reviews, performance management and conflict resolution
• Maintain strong relationships with key partners within the Branch, Market, Region and Home Officeincluding participation in team meetings, regional and national calls
• Consistently conduct Support Professional one-on-one meetings for coaching opportunities, careergoal setting, job related activities, firm opportunities and team building; this includes meeting withAdvisor teams to address service needs
• Manage and oversee Support Professionals coverage for Financial Advisors in the Branch
• Identify Support Professional recognition opportunities within the market through sharing of bestpractices, success stories and achievements
• Promote a branch culture that’s consistent with the Firm’s core values, including championing diversity and inclusion

Operational Oversight
• Manages travel and entertainment expenses for Advisors as well as other firm programs to managebudget tracking and forecasting with adherence to Firm policies
• Facilitate and manage resolution of client inquiries/requests

• Participate in national calls to lean about new platform changes, policy and procedure updates,share best practices and learn about other timely updates
• Identify and implement process improvements to ensure teams are maximizing productivity anddriving efficiencies
• Additional operational oversight may be required
• Administer other duties as delegated by the Market Business Service Officer

EDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS
Education and/or Experience
• Bachelor’s degree required or equivalent education
• Previous industry experience
• Active Series 7 (GS), Series 9 and Series 10 (SU), and Series 66 (AG/RA) or Series 63 (AG) and Series65 (RA) required
• Other licenses as required for the role or by management

Knowledge/Skills
• Effective written and verbal communication skills
• Strong attention to detail
• Ability to prioritize and resolve complex needs and escalate as necessary
• Ability to identify issues and trends in order to anticipate change and provide comprehensivesolutions and remedies
• Evidence of strong leadership and talent development capabilities
• Previous supervisory experience preferred
• Exceptional organizational and time management skills
• Exceptional conflict resolution skills
• Ability to manage relationships, motivate and lead groups of people at various levels throughout themarket
• Knowledge of Firm’s Risk & Compliance policies
• Ability to think strategically

Reports to
• Market Business Service Officer

Direct reports:
• Support Professionals

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.

Salary range for the position: $120,000 and $165,000 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees.Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

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.