Cash Management Specialist- Vice President

Morgan Stanley is a global financial services leader with three core businesses – Institutional Securities, Asset Management, and Wealth Management. Wealth Management is offered by Morgan Stanley Smith Barney (MSSB), which has one of the world’s largest networks of Financial Advisors. Morgan Stanley is pleased to announce that we are expanding our suite of world‑class banking and lending products exclusively for MSSB Financial Advisors and their clients.

In addition to our comprehensive financial services, which include brokerage, investment advisory, financial and wealth planning, annuities, insurance and retirement, Morgan Stanley will develop and enhance its lending and cash management capabilities. We believe that now is the perfect time to build and support a new venture along with our Global Wealth Management partners.

The Cash Management Specialist will consider the needs of the client and recommend cash management services and solutions to WM’s FAs and their clients with the ultimate goal of better integrating cash management services within the wealth management process. The Cash Management Specialist will be assigned to a region, as applicable.

• Partner with Financial Advisors to provide clients with advice and guidance regarding our full suite of Cash Management Solutions.
• Build Cash Management Solution awareness and understanding among Financial Advisors (FAs), Support Professionals (SP) and local and regional field management. This will include the clear and effective articulation of the cash management solutions value proposition.
• Partner with Financial Advisors to profile their client base, identify and analyze business opportunities and grow adoption of cash management solutions, including deposit gathering, utilization of cash management features and related services tied to the Active Assets Account.
• Build, promote, market and maintain a pipeline of cash management opportunities around product balance, revenue and FA engagement. This includes leveraging opportunity lists (e.g., money in motion/liquidity events, wires/external funds transfer to other financial institutions or card issuers) and other analytics.
• Establish a reputation of client focus and executional excellence. Build trust with FAs to collaborate in fully developing cash management services opportunities with their clients.
• Act as the subject matter expert for all FA and Branch staff inquiries on Cash Management Solutions and client offerings.
• Understand the competitive environment and effectively communicate our cash management value proposition and comparative strengths vis‑a‑vis key competitive offers.
• Work with and communicate effectively with Field/Branch management, Financial Advisors, Branch Service staff and Product partners.
• Act as the resource point for any cash management services issues to gain FA/SP confidence on ease of use for cash management products.
• Support the identification of FA and SP cash management champions within the branch/complex and develop strategies to leverage best practices identified.
• Partner with FA to incorporate cash management into client onboarding and client review processes.
• Work collaboratively with the Private Banker, identifying lending referral opportunities and promptly executing on reciprocal or bundled cash management opportunities as they present themselves.

• Bank and investment products including, but not limited to, the Bank Deposit Program and Global Currency Deposits.
• Card Products including the Morgan Stanley Mastercard Debit Card and the Morgan Stanley American Express Credit Cards.
• Various Cash Management Services including Checking Capabilities, Direct Deposit, Funds Transfer/Wires Functionality and Online Bill Pay, available through both the wealth management branches as well as through digital and mobile channels.

• Minimum of 5 years of successful banking/cash management/treasury management services business development experience within Wealth Management.
• Knowledge of cash management services products such as credit/debit cards, online bill pay, funds transfers, direct deposits, mobile…