AVP Associate Private Banker at Morgan Stanley Burlington, VT

Morgan Stanley is hiring an AVP Associate Private Banker in Burlington, VT. This full-time role involves supporting Private Bankers and Advisors in providing cash management and lending solutions. Candidates should have at least 3 years of banking experience, strong communication skills, and the ability to build relationships. A Bachelor's degree and relevant licenses are preferred. The position is part of the Wealth Management division and requires effective collaboration within a fast-paced environment.
AVP Associate Private Banker job at Morgan Stanley. Burlington, VT. AVP Associate Private Banker Location Burlington, VT : AVP Associate Private Banker

Job Number:

3249196
POSTING DATE: Mar 28, 2024 PRIMARY LOCATION: Americas-United States of America-Vermont-Burlington EDUCATION LEVEL: Bachelor's Degree JOB: Private Banking EMPLOYMENT TYPE: Full Time JOB LEVEL: Assistant Vice President

DESCRIPTION
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 (“Associate Private Banker” or “APB”) to join our National Sales Team in the Private Banking Group. The Associate Private Banker will provide product and service support for the Private Bankers in the region as well as the Region Manager. Position Responsibilities:
• Partner with Private Banker(s) and Advisors to assess opportunities and provide suitable cash management and lending solutions for their clients
• Partner with their Private Banker(s) to provide FA and their client(s), Private Banking products/solutions, distribution and service support
• Establish a reputation of execution and excellence. Gain confidence of FAs and Private Bankers to fully develop the cash management and lending opportunities with their clients
• Assist in developing and implementing marketing campaigns
• Assist in the development and maintain adequate marketing pipelines to meet revenue targets.
• Communicate new product and policy enhancements to FAs and branch staff
• Work with and communicate effectively with Financial Advisors, Branch Managers & staff, Private Bankers & Product partner

QUALIFICATIONS
Required Experience:
• Minimum of 3 years of experience with an investment, commercial or private bank
• 2 years of client service, business development and/or Sales Desk experience
• Experience in understanding the financial needs of all types of clients
• Bachelor's degree preferred, or relevant work experience
• SIE, Series 7, and Series 63 licenses required or to be obtained within 90 days of employment start date
Skills/Abilities:
• Strong knowledge of 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
• Excellent verbal and written communication skills
• Possess excellent relationship building, business development and service skills and have the desire and drive to consistently achieve top quartile results
• Ability to understand the financial needs of the retail brokerage clientele
• Maintain poise, presence and professionalism with FAs and their affluent clients in the most difficult circumstances
• Software proficiency (e.g., Word, Excel, PowerPoint)
• Demonstrate positive initiative, leadership and comfort working in a fast-paced environment
• Strong interpersonal collaboration and team skills including working with cross-functional teams
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).