Business Development Associate

Full Job Description

Business Development Associate *

Job Number:

3187094

POSTING DATE: Sep 20, 2021

PRIMARY LOCATION: Americas-United States of America-New York-New York

JOB: Wealth Management

EMPLOYMENT TYPE: Full Time

JOB LEVEL: Professional

DESCRIPTION

POSITION SUMMARY:

The Business Development Associate participates in the team’s overall business development as well as the design and updating of tailored reporting for new and existing clients. This role may accompany senior team members to meet with clients to evaluate current offerings, develop and implement new services, and resolve any open issues. Additionally, the Business Development Associate is responsible for developing strategies for building the business.

DUTIES and RESPONSIBILITIES:

Develops and implements strategies to execute the business plan to achieve desired results (i.e., to increase client base, gross production, Portfolio Management assets, etc.)

Identifies business opportunities and develops implementation plans

Supports FA practice management through book analysis and determination of appropriate strategies

May regularly accompany senior team members to engage with clients to educate about the Firm’s services and products

Develops potential strategies to further enhance client relationships based on issues documented during client visits

Stays attuned to updates and enhancements to firm products and policies

Engages in strategic planning with other team members on client matters

May update clients with pre-approved newsletters and account information in conjunction with the Financial Advisor and generate monthly target mailings and follow-up mailings to prospects

Interacts regularly with the Complex Business Development Manager

QUALIFICATIONS

EDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS:

Education and/or Experience

Minimum of 5 years of post-high school education and/or work experience in a field relevant to the position required

Four –year college degree or professional certification preferred

Active Series 7, 63, and 65 or 66 (as required by individual states)

Additional product licenses may be required

Knowledge/Skills

Effective written and verbal communication skills

Knowledge of applicable compliance rules and regulations and firm policies

REPORTS TO:

Business Service Manager and a dotted line to the Group Director

Morgan Stanley

EOE committed to diversifying its workforce.

M/F/D/V

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