Job Information
Morgan Stanley Alternative Investments Service Manager Associate in Purchase, New York
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide an outstanding foundation for building a professional career - a place for people to learn, achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture. Morgan Stanley Wealth Management (“MSWM”) provides a range of wealth management products and services for affluent individuals, businesses and institutions. These services include brokerage and investment advisory, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement, and trust.
MSWM’s Alternative Investments business is an industry leading provider of alternative investments with more than $200B in assets under management**across a wide array of products, including, but not limited to hedge funds, funds of hedge funds, managed futures, private equity, private credit, real estate funds, exchange funds, real assets and digital assets.
The Alternative Investments business mission is to provide MSWM clients with a unique, world-class, diverse array of alternative investment products and services through product origination and sourcing, product management and client servicing as well as sales and marketing. It is one of the fastest growing businesses at the Firm and in the industry.
The Alternative Investments Service Manager Associate will be responsible for delivering high touch, white glove service to Financial Advisors and their support staff who are the largest users of Alternative Investments products. Team members will have an extensive understanding of the Alternative Investment space and the Morgan Stanley platform. This role requires the ability to communicate effectively with internal and external partners, including but not limited to financial advisors and their teams, asset managers and fund administrators.
Skills/Requirements: * 1-3 years’ experience in Financial Services * Deliver a high-tough, white glove, level of service for our largest users of Alternative Investments products. * Single Point of contact overseeing the day-to-day relationship and ensuring a high level of satisfaction. * Partner closely with internal teams to leverage experience, develop synergies, and provide guidance to strengthen and grow Financial Advisor relationships. * Responsible for distributing timely and accurate notifications within Alterative Investments to Financial Advisors and their teams. * Excellent oral and written communication skills * Ability to multi-task in a fast-paced, changing environment. * Bachelor’s degree or equivalent experience required. * FINRA Series 7 or 99 preferred or willingness to obtain.
Expected base pay rates for the role will be between $57,000 and $115,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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).
Job: *Wealth Management
Title: Alternative Investments Service Manager Associate
Location: New York-Purchase
Requisition ID: 3258934