Morgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management, and Asset Management. Wealth Management provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit & lending, deposits & cash management, annuities, insurance, retirement and trust services.
The Private Banking Group (“PBG”) Distribution team is seeking a high potential Business Development Associate responsible for providing overall support in the creation, design and execution of marketing and sales initiatives. This position reports to Business Development within the Private Bank.
Job Description/Position Responsibilities:
• Support PBG Business Development in the design, creation, implementation and measurement of key sales and marketing strategies, initiatives and tactics across multiple distribution channels
• Facilitate ongoing development of reporting to track progress and success of sales initiatives and to track regional and FA/Client segment performance
• Collaborate with PBG and Wealth Management partners on the development and execution of cross business strategies and tactics
• Glean insights from Sales, Product and Marketing Partners as well as various Councils and drive input into change
• Understand competitive environment and develop strategies to retain and win new business
• Produce on-going and ad hoc analytics in support of National Sales Team initiatives
• Perform other duties and special projects as assigned
Experience:
•Minimum of 3 years of experience with an investment, commercial or private bank
•2 years of client service, business development and/or sales experience
•Bachelor’s degree preferred or relevant experience
Skills/Abilities:
•Expert level knowledge of MS Office with emphasis on PowerPoint, Word and Excel
•Proficiency in Tableau
•Strong organizational, project management and analytical skills
•Strong written and verbal communication skills
•Understanding of banking & lending products
•Demonstrated ability to prioritize and manage multiple projects, manage expectations and complete deliverables in a timely manner with exceptional attention to detail
Expected base pay rates for the role will be between $80,000 and $125,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include
commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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).
