Branch Manager, Non-Producing

POSITION SUMMARY:

The primary focus of the role is to drive revenue, increase profit before taxes, and manage risk within their branch. Job functions also includemaintaininga superior and consistent level of client service, developing cohesive teams, providing consistent leadership, and assuming accountability for the Branch’s results. In addition, a large emphasis will be placed on the recruitment and retention of Financial Advisors. Non-producing Branch Managers mustbe responsible forfiscal management, personnel management and morale, business ethics and practices, and compliance with all Federal, State, and Local laws and regulations.

The Non-Producing Branch Manager will reportintothe Market Executive.

• 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 todrive 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 inHigh Net Worth households.

• Builds effective teams by constantly communicating relevant information ona 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, lateralrecruitingand training.

• Leads by example by ensuring that the Branch Manager’s office is consistently achieving the

• objectives of the US Wealth Management Group,maintainsa positive morale, has a strong track recordof growth, has ethical business practices, anddemonstratesa commitment to diversity and respect for others.

• Leads proactively byidentifyingtrends, potential areas of growth and weakness and addressing these areasin order to positively position the Region within the geographic market.

• Leads Branch effortsof
  
  Sales and results.

• Identifies key talent in the Branch, positions and develops that talent, and encourages those individuals toparticipatein 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 todrive results.

• Accountable for the Branch’s sales performance and financial performance.

• Responsible for regulatory, legal and compliance issues including:
  
  Risk management for the Branchin regards to monitoring sales, human resources, and legal and regulatory practices.
• Responsible forestablishinga 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 Executive

• 5 or more years of related experience and/or training includingdemonstratedsuccess managing a substantial branch office or equivalent.

• Active Series 7, 8 (or 9 and 10), 66 (or 63 and 65) and 3 registrations (Series 31 acceptable if branch…