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Morgan Stanley · 2 weeks ago

Branch Manager ANP, Apprentice Non-Producing (Apprentice, Non-Producing)

Frederick, MD

Full-time

Onsite

Mid, Senior Level

5+ years exp

Morgan Stanley is a leading financial services firm seeking a Branch Manager Apprentice to oversee the management of a small branch. This role focuses on driving revenue, managing risk, and developing leadership skills, while being accountable for the branch's performance and compliance with regulations.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Has a thorough understanding of the Firm’s products and those of its strategic partners; uses this knowledge to provide resources and direction in order to drive sales

Knows where the resources are; able to direct the sales force to the right resources in an efficient manner as to make the sales process more efficient

Effectively applies product/business knowledge to recruiting efforts; able to 'translate' competitor offerings into Morgan Stanley Wealth Management products and understand and explain how a recruit will be able to continue to help meet their clients’ needs

Seeks opportunities to grow business and drive sales by capitalizing on firm initiatives; focuses on building strong relationships with corporate departments and strategic partners to achieve the marketing efforts of the Branch

Drives corporate marketing initiatives to help increase market share in High Net Worth households

Builds effective teams by constantly communicating relevant information on a timely basis and conducting regular meetings

Participates in Region and Market initiatives, including sales, hiring, recruitment, diversity, and community outreach

Responsible for growing their branch through hiring, lateral recruiting and training

Leads by example by ensuring that the Branch Manager’s office is consistently achieving the objectives of the US Wealth Management Group, maintains a positive morale, has a strong track record of 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 Region within the geographic market

Leads Branch efforts of Sales and results

Identifies key talent in the Branch, positions and develops that talent, and encourages those individuals to participate in the leadership of the Branch and Region

Leverages the resources of the Firm to achieve the highest level of success

Acts as a coach and mentor for Financial Advisors in order to drive results

Accountable for the Branch’s sales performance and financial performance

Responsible for regulatory, legal and compliance issues including Risk management for the Branch in regard to monitoring sales, human resources, and legal and regulatory practices

Responsible for establishing a core compliance model in offices under supervision

Responsible for following supervisory procedures as outlined in the Branch Manager’s Supervisory Manual

Responsible for executing the Annual Supervisory Plan

Responsible for effectively communicating the status of performance and issues to the Market

Qualification

Active Series 7LeadershipTeam ManagementClient InteractionCritical ThinkingProject OwnershipEffective CommunicationAttention to DetailOrganizational Skills