Associate Market Manager

Job Description - Associate Market Manager (3251785)
Job Description
Associate Market Manager
Job Number:

Job Number:

3251785
Posting Date

Primary Location

Primary Location

:

Americas-United States of America-Maryland-Bethesda
Education Level

:

Refer to Position Description
Job

Job

:

Wealth Management
Employment Type

:

Full Time
Job Level

:

Vice President
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 Manager.
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 market
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 complex by communicating relevant information on a timely basis and conducting meetings on behalf of the Market Manager
Participates in Market and Region initiatives, including sales, hiring, recruitment, diversity, and community outreach
Plays a key role in growing their complex 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 their 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
Seeks opportunities to grow business and drive sales by capitalizing on Firm initiatives
Assists Market Manager in driving corporate marketing initiatives to help increase market share in High Net Worth households.
Qualifications

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:

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

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

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