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Associate Market Manager

Morgan Stanley · Illinois

📍 Oak Brook, Illinois, United States of America💰 $150,000via workday
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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   M anager 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 geographi c 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    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. 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 creat

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