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MS
Morgan Stanley
Business Development Manager
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What they do
A Business Development Manager identifies new business opportunities and clients for a company, and develops marketing and sales strategies to help grow a company's business. Builds customer relationships and partnerships and negotiates business deals. Works with senior marketing and sales staff to increase sales opportunities.
$147,032 / year median in New York
-4% projected decline
Job Description
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career
- a place for people to learn, to achieve and grow.
Key Responsibilities:
- Working knowledge of the Firm's entire suite of products and tools
- Ability to accurately and effectively position each of the major product capabilities against suitable client need and, where necessary, refer Financial Advisor inquiry to the right internal partner
- Deeper specific knowledge of platforms / tools supporting the key National initiatives and the specific Regional priorities
- Ability to develop strategic and tactical business plans to drive positive results
- Ability to continuously grow and develop Financial Advisors practices through training, education, and one on one conversation
- Effectively engage with Product Partners across the Firm to ensure your Financial Advisors have the proper training and knowledge of both existing and new tools and resources
- Delivery of initiatives to the Branch / Complex office and Financial Advisor in a variety of methods
- Desk-to-desk rollout of key initiatives
- Deep dive book reviews and segmentation
- Tactical campaigns
- Procurement and facilitation of outside resources
Knowledge and Skills Required:
- A minimum of 5 years of experience in Wealth Management, as a Financial Advisor (with satisfactory production and compliance record), or comparable product area or management experience.
- Bachelor's Degree required
- Active Series 7, and 66 (or 63 and 65) required upon hire or within 120 days of hire date
- Strong oral and written communication skills
- Outstanding interpersonal skills and demonstratable ability to establish alignment between the expectations and strategies of different stakeholders
- Strong and creative problem-solving skills
- Confident, flexible, and resilient team player
- Adapts style to build relationships across all levels
- Ability to autonomously develop, deliver, and execute on strategic plans
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.