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Vice President- Office of Business Management
Morgan Stanley
Purchase, NY, United States
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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.
The Office of Business Management at Morgan Stanley Wealth Management focuses on the strategy and day-to-day business management of the Wealth Management Group. Office of Business Management works closely with senior management across Firm functions to analyze information, develop recommendations, and communicate policies. Office of Business Management is also responsible for leading strategic work streams including the design and implementation of Financial Advisor/Associate and Branch Manager compensation programs, strategic cost management, client retention policies, and the management of Financial Advisor/Associate and Field Management information systems.
As a member of the Office of Business Management, the candidate will be expected to assume full ownership of their assignments, assist in driving meaningful solutions and effectively communicate their recommendations with the project team. Additionally, the candidate will need to be comfortable managing direct reports who conduct independent research, build financial models, analyze financial information and prepare reports and presentations designed to provide recommendations to senior management. Specific work streams that the candidate will be expected to work on include:
• Develop new incentive programs for Financial Advisors and Financial Advisor Associates, and analyze the effectiveness of existing programs
• Develop metrics reporting and analytics to measure the performance of the Financial Advisor Associate training program and Financial Advisor recruiting program
• Develop and implement new expense management initiatives and analyze the effectiveness of existing programs
The role requires a self-starter with strong management, communication, and problem solving skills, and the ability to work in a fast-paced and uncertain environment. The candidate will also need to be comfortable managing projects and working as part of a team with colleagues across a diverse range of functional groups.
Qualifications
Requirements:
• BA/BS with very strong academic record
• At least 8 years post-undergraduate experience, ideally at a top-tier management consulting firm, investment bank or Fortune 500 corporate strategy team
• Experience managing and developing a team
• Excellent problem-solving and analytical skills with strong business judgment; distinctive thought leadership
• Advanced Excel Modeling and PowerPoint skills
• Solid communication and interpersonal skills
• Committed To Diversity