Portfolio Management Associate Director

Morgan-Stanley; Red Bank (NJ); On-site; USD 75,000 - 125,000; Full time

Benefits offered by this job

Medical benefits

Dental & Vision insurance

401(k) retirement plan

Paid time off

Parental leave

Disability insurance

Job summary

Morgan Stanley is seeking a Portfolio Management Associate Director to support Financial Advisors and teams in delivering premier client service and investment strategy execution. You will create investment activity reporting and help communicate market conditions to clients.

Key duties include asset allocation adjustments, client reporting, research support, and participation in client meetings. Strong licenses and leadership are required to thrive in a fast-paced, collaborative environment.

Qualifications

• 10+ years of experience in a field relevant to the position.
• Active Series 7 (GS) and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA) required.
• Additional product licenses may be required.
• Strong compliance record.
• Knowledge of financial services products including equities, bonds, options, mutual funds, annuities, insurance, and managed accounts.

Responsibilities

• Enter new or adjust existing asset allocations and input trades.
• Prepare and review client reports from firm-approved systems for existing or prospective clients.
• Assist with research using firm-approved systems.
• Participate in client meetings, representing the service lens.
• Update clients’ estate, trust, retirement, and insurance objectives.
• Support digital and in-person marketing efforts (conferences, seminars, webinars, websites, social media, emails).
• Provide feedback to Portfolio Management partners on tools and resources.
• Review new client prospects developed through leads and referrals with the FA/PWA/team.

Skills

Strong leadership

Client service

Interpersonal skills

Time management

Team collaboration

Attention to detail

Written communication

Adaptability

Fast learner

Education

Advanced degree or professional certification

Tools

Series 7/66

Series 63/65

MS Office

MS Excel

Job description

POSITION SUMMARYPortfolio Management (PM) Associate Directors provide exceptional service to our clients and support Financial Advisor(s) (FAs)/ Private Wealth Advisor(s) (PWAs)/ teams on a daily basis. As senior members of the service team, they assist FAs/PWAs/teams with the development and execution of investment strategies based on client goals. Leading with a client first mindset, a successful candidate for this role will have strong interpersonal skills and their focus will be on delivering an exceptional client experience. In partnership with Financial Advisor(s) (FAs)/ Private Wealth Advisor(s) (PWAs)/ teams, this role will create reporting on investment activity and performance and communicate effectively with clients regarding their accounts, market conditions and economic trends.DUTIES and RESPONSIBILITIES:At the direction of the FA/PWA/team, entering new or adjusting existing asset allocations and inputting tradesAt the request of the client and/or FA/PWA/team, preparing and reviewing various client reports from firm-approved systems for existing or prospective clientsAt the request of the client and/or FA/PWA/team, assisting with research using firm-approved systemsAt the request of FA/PWA/team, participating in existing client and/or prospective client meetings, representing the service lensAt the direction of the client or FA/PWA/team, making updates to clients’ estate, trust, retirement, and insurance objectivesReviewing new client prospects that are developed through leads and referrals in relations to the FA/PWA/team’s client service modelAt the direction of FA/PWA/team, executing against all clerical elements of digital and in-person marketing strategies including conferences and seminars or webinars, websites, social media and regular email connectivityProviding feedback and suggesting upgrades to Portfolio Management business partners on firm-approved tools and resourcesEDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS:Education and/or Experience10+ years of experience in a field relevant to the position requiredAdvanced degree or professional certification or prior industry experience requiredActive Series 7 (GS) and Series 66 (AG/RA) or Series 63 (AG) and Series 65 (RA) requiredAdditional product licenses may be requiredStrong compliance recordKnowledge/SkillsStrong leadership skillsKnowledge of financial services products, including but not limited to equities, bonds, options, mutual funds, annuities, insurance, and managed accountsTechnically proficient and quick learner of new and updated platformsDetail oriented with superior organizational skills and ability to prioritizeExpert knowledge of basic personal computer, MS Office (particularly MS Excel) and internet applicationsExceptional writing, interpersonal and client service skillsStrong time management skillsTeam player with the ability to collaborate with othersAbility to work in a fast-paced, evolving environmentAdaptable and ability to multi-taskGoal oriented, self-motivated and results drivenReports to:Market Business Service Officer and/or Business Service OfficerWHAT 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: $75,000 and $125,000 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 X 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 .