Private Banker

Morgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management, and Asset Management. Wealth Management provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit & lending, deposits & cash management, annuities, insurance, retirement and trust services.

We are seeking a high potential candidate (“Private Bankers” or “PB”) to join our Sales Team in the Private Banking Group. The Private Banker will build Advisor product awareness and understanding of the full cash management and lending platform within their assigned office(s).

Job Description /Position Responsibilities Partner with FAs to provide advice and potential cash management and lending solutions to clients

Build product awareness and understanding among Financial Advisors Partner with Financial Advisors to profile their client base, identify and analyze business opportunities and succeed in growing new cash management and lending revenue

Build, promote and maintain adequate pipeline of opportunities to meet all Private Banking targets, including, but not limited to production, balances, revenue, Advisor participation, units, etc.

Establish a reputation of execution and excellence. Gain confidence of FAs to fully develop the cash management and lending opportunities with their clients

Develop and present creative and intelligent solutions and advise in structuring client transactions or offer constructive alternatives

Partner with the Associate Private Banker(s) to provide FA and their client(s), Private Banking products/solutions, distribution and service support

Act as the subject matter expert for FA, Branch and client inquires on Private Banking products and services

Understand competitive environment and develop strategies to retain and win new business

Develop and implement product marketing strategies with Branch Management and FA team

Work with and communicate effectively with Financial Advisors, Branch Managers, Branch staff and Product partners

Qualifications:

Minimum of 7 years of successful lending business development experience with an investment, commercial or private bank Expert knowledge of credit products including credit cards, residential mortgage products, home equity lines of credit, securities-based loans, high net worth tailored lending products and commercial credit facilities

Experience in understanding the financial needs of all types of clients

Proven new business development / origination experience with Lending products is required

Completion of formal credit training strongly preferred

Bachelor’s degree preferred or relevant experience

Skills/Abilities:

Strong relationship building capabilities with Financial Advisors, Branch Managers, Clients, Product Specialists and matrix partners

Strong understanding of the suite of all cash management and lending products including bank deposits, certificates of deposits, credit cards, residential mortgage products, home equity lines of credit, securities-based loans, high net worth tailored lending products & commercial credit products

Ability to understand the financial needs of the retail brokerage clientele.

Ability to efficiently, tactfully & professionally screen, manage and/or decline transactions while maintaining FA and client relationships

Possess excellent business development and marketing skills and desire to consistently achieve top revenue results

Maintain poise, presence and professionalism with FAs and their affluent clients in the most difficult circumstances

Demonstrate positive initiative, leadership and comfort working in a fast-paced environment

Detail orientation with strong organizational and analytical skills

Ability to train Financial Advisors on product suite

Possess excellent oral and written communication skills

Exceptional presentation skills

Ability to meet deadlines and manage Financial Advisor and client expectations

Good collaboration skills in a team-oriented environment WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate…