Field Business Management, AVP

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. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

The Field Management division consists of Morgan Stanley’s network of ~16K Financial Advisors across ~600 branches representing $4.2T in client assets. The group is responsible for acquiring new assets for the firm’s full-service Wealth Management business, managing client relationships, and driving initiatives related to increasing the breadth of client relationships.

The Division is split between Wealth Management Field and Field Management Home Office (Corporate Management team). The Field Management Home Office:  internal “corporate” team is responsible for managing and driving strategic initiatives for the broader Wealth Management Field organization; various teams include Field CAO, Business Development and Field Training, Private & International Wealth Management, Field Business Risk and Field Business Management & Strategy

Field Business Management & Strategy (“FBMS”) reports directly to the Head of Field Management and is focused on partnering with the Field leadership team and other senior members of Wealth Management to analyze, define, drive, and manage the top strategic priorities of the organization. The team’s responsibilities are split across five verticals: 1) FA Compensation Policy & Program Management, 2) Manager Compensation Policy & Program Management, 3) Former Advisor Program, 4) Manager & Financial Advisor Facing Platforms & Solutions, and 5) Field Strategy & Engagement.

Position Summary
The Business Management Assistant Vice President (AVP) will play a strategic role in the Manager Compensation Policy team within the FBMS organization. This position is designed for a dynamic and strategic professional who will help drive and manage key components of the Manager Compensation policy. The AVP will work closely with senior management and Field leadership to ensure the effective execution of the program. Key responsibilities include:

• Comprehensive Policy Understanding: Develop an in-depth understanding of the Branch Manager Compensation Policy and associated Manager Metrics to effectively support Field and Home Office Leadership in executing the program
• Cross-Functional Collaboration: Act as a liaison with technology and other cross-functional teams to facilitate the strategic execution of the program, ensuring alignment with organizational goals
• Innovative Business Solutions: Collaborate with internal business partners to create innovative solutions that enhance program effectiveness and drive business success
• Advanced Visualization & Presentation: Utilize advanced PowerPoint skills to create refined, visually compelling presentations for senior management and field presentations, ensuring clear communication of complex data
• Analytical Excellence: Conduct thorough analyses of business performance and strategic solutions, assessing their economic impact on the Manager Compensation program
• Data-Driven Insights: Transform large, complex data sets into actionable insights, highlighting key trends and providing strategic recommendations for senior management
• Process Improvement Leadership: Define and implement detailed process improvements, monitoring progress across key annual deliverables to ensure continuous enhancement of program efficiency

Qualifications and Education Requirements

• 3-5 years of relevant experience, with significant exposure to Wealth Management
• Bachelor’s degree in business or a related field preferred, with a strong academic record
• Proven experience in the Financial Services industry
• Strong strategic planning, finance, conceptual design, collaborative, and organizational skills
• Excellent written, verbal, and interpersonal communication skills, including presentation capabilities
• Advanced proficiency in MS Excel, PowerPoint, Word, and Adobe PDF
• Familiarity with Dataiku is a plus

Preferred Skills

• A proactive learner with a positive attitude, comfortable working under committed deadlines across diverse functional areas
• Demonstrated self-starter with the ability to thrive in a fast-paced, team-oriented environment
• Strategic thinker with the ability to align insights with firm strategy
• Strong process management skills, with a keen attention to detail and commitment to meeting deadlines
• Motivation for continuous improvement and innovation
• Exceptional listening skills, with the ability to craft executive-level presentations
• Strong technical and process management skills

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $80,000 and $140,000 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).