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Associate Market Manager PWM

Morgan Stanley

Associate Market Manager PWM

Morgan Stanley

Chicago, IL

·

On-site

·

Full-time

·

1mo ago

Compensation

$150,000 - $160,000

Benefits & Perks

Generous paid time off and holidays

Professional development budget

401(k) matching

Flexible work arrangements

Comprehensive health, dental, and vision insurance

Competitive salary and equity package

Learning

Flexible Hours

Healthcare

Equity

Required Skills

Python

Node.js

React

About Us

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.

Size: 10000+ employees
Industry: Financial Services, Technology, Trading

View Company Profile

POSITION SUMMARY:

The Associate Market Manager plays a key role in the overall management of all aspects of the Market . Job functions include retaining employees, managing risk, driving revenue growth, increasing profitability, maintaining a superior and consistent level of client service, developing cohesive teams, and providing consistent leadership. The Associate Market Manager helps in ensuring proper fiscal management, personnel management and morale, and business ethics and practices, as well as compliance with all Federal, State, and Local laws and regulations. In addition, it is expected that individuals successful in this role will be goal-oriented and interested in pursuing future Branch or other management positions. The Associate Market M anager reports directly to the Market Executive .

DUTIES and RESPONSIBILITIES: Leadership:

  • Leads by example by maintaining a positive morale, a track record of personal growth or reputation for 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 Market within the geographi c area

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

  • Plays a key role in leading Market 's efforts of sales and growth

Team Building:

  • Plays a role in building an effective team across the Market by communicating relevant information on a timely basis and conducting meetings on behalf of the Market Executive

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

  • Plays a key role in growing the Market through hiring, lateral recruiting and training

Product/Business Knowledge:

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

  • Possesses a good understanding of the Firm's resources; able to direct the sales force to the right resources in an efficient manner as to make the sales process more efficient

  • Has the ability to effectively apply product/business knowledge to recruiting efforts

Accountability:

  • Plays a leading role in the Market' s financial and sales performance, including expense management

  • Assists in regulatory, legal and compliance issues including: Risk management for the Market in regards to monitoring sales, human resources, and legal and regulatory practices

  • Assists in the creation and administration of an Annual Supervisory Plan for the Market

  • Contributes to establishing a core compliance model in offices under supervision

Sales/Marketing:

  • Seeks opportunities to grow business and drive sales by capitalizing on Firm initiatives

  • Assists Market Executive in driving corporate marketing initiatives to help increase market share in High Net Worth households

EDUCATION, EXPERIENCE, KNOWLEDGE AND SKILLS: Education and/or Experience:

  • At least 4 or more years of experience as a Financial Advisor (with satisfactory production and compliance record), or comparable product area or management experience

  • Bachelor's Degree required

Licenses and Registrations:

  • Active Series 7, 8 (or 9 and 10), 66 (or 63 and 65) and 3 registrations (Series 31 acceptable if Branch conducts managed futures business only)

  • Other licenses as required for role or by management

Skills:

  • Effective written and verbal communication skills

  • Ability to think critically

  • Ability to manage a team

  • Strong attention to detail

  • Ability to interact with senior management team, Financial Advisors, support staff, clients and corporate and field personnel as needed

  • Ability to own projects at a Market level

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  • Ability to organize and prioritize work, meet deadlines, and complete projects Reports to:
  • Dual reporting into the Market Executive and the Regional Chief Operating Officer

All candidates should verify that they meet the minimum eligibility requirements prior to applying

Salary range for the position: $150,000 and $160,000 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

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.

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).

Client-provided location(s): Chicago, IL

Job ID: Morgan-JR025786

Employment Type: FULL_TIME

Posted: 2025-12-04T18:39:56
Apply on company site

Perks and Benefits

Health and Wellness

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Short-Term Disability
  • Long-Term Disability
  • Fitness Subsidies
  • On-Site Gym
  • Pet Insurance
  • Mental Health Benefits
  • FSA
  • Virtual Fitness Classes
  • HSA

Parental Benefits

  • Fertility Benefits
  • Adoption Assistance Program
  • Family Support Resources
  • Return-to-Work Program
  • Birth Parent or Maternity Leave
  • Non-Birth Parent or Paternity Leave
  • Adoption Leave

Work Flexibility

Hybrid Work Opportunities:

Office Life and Perks

  • Commuter Benefits Program
  • Company Outings
  • On-Site Cafeteria
  • Holiday Events

Vacation and Time Off

  • Paid Vacation
  • Paid Holidays
  • Leave of Absence
  • Volunteer Time Off
  • Personal/Sick Days

Financial and Retirement

  • 401(K) With Company Matching
  • Stock Purchase Program
  • Performance Bonus
  • Relocation Assistance
  • Financial Counseling

Professional Development

  • Tuition Reimbursement
  • Promote From Within
  • Mentor Program
  • Access to Online Courses
  • Lunch and Learns
  • Work Visa Sponsorship
  • Leadership Training Program
  • Associate or Rotational Training Program
  • Internship Program

Diversity and Inclusion

  • Diversity, Equity, and Inclusion Program
  • Employee Resource Groups (ERG)

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About Morgan Stanley

Morgan Stanley

A financial services company that offers securities, asset management, and credit services.

10,001+

Employees

New York

Headquarters

Reviews

3.5

4 reviews

Work Life Balance

3.0

Compensation

2.5

Culture

3.2

Career

3.0

Management

3.0

35%

Recommend to a Friend

Pros

Skills evaluation through business plans and projects

Direct access to senior leadership interviews

Conversational interview format

Cons

Automated resume screening system issues

Focus on formatting over qualifications

Compensation concerns and salary expectations

Salary Ranges

11,766 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

1,682 reports

$114,371

total / year

Base

$96,366

Stock

-

Bonus

$18,005

$77,808

$170,800

Interview Experience

6 interviews

Difficulty

3.0

/ 5

Duration

21-35 weeks

Experience

Positive 16%

Neutral 84%

Negative 0%

Interview Process

1

Initial screening (HR/HireVue)

2

Technical rounds

3

Manager/Senior leadership interviews

4

Final round/Superday

Common Questions

Technical knowledge assessment

Behavioral questions

Role-specific scenarios

Leadership and teamwork examples