Morgan Stanley

Associate Market Manager

Morgan Stanley • $150K — $160K *
Oak Brook, IL 60523In-Person
Finance & Insurance
Less than 5 years of experience
Reposted Today
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Job Overview by Ladders

Qualifications

  • 4+ years as a Financial Advisor or in a comparable management role
  • Bachelor’s Degree required
  • Active Series 7, 8 (or 9 and 10), 66 (or 63 and 65), and 3 registrations
  • Ability to effectively communicate both in writing and verbally
  • Strong critical thinking and team management skills
  • Detail-oriented with the ability to prioritize competing tasks

Responsibilities

  • Lead by example to maintain positive team morale and ethical practices
  • Identify market trends and growth opportunities for strategic positioning
  • Leverage firm resources to enhance success in sales and client service
  • Participate in building cohesive teams through effective communication and meetings
  • Drive recruitment and training initiatives to grow the market
  • Ensure compliance with legal and regulatory standards and assist in risk management
  • Engage in sales and marketing efforts to expand business and market share

Benefits

  • Comprehensive health coverage including Medical, Dental, and Vision
  • 401(k) with employer contributions
  • Paid Time Off including Sick Leave and Parental Leave
  • Short and Long Term Disability Insurance
  • Employee wellness programs and perks
Full 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 inMarketand Region initiatives, including sales, hiring, recruitment, diversity, and community outreach 

  • Plays a key role in growing theMarketthrough hiring, lateral recruitingand 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  

Salary range for the position: $150,000 and $160,000 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.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Finance & Insurance
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ
MS
* Ladders Estimates

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