Virtual Private Banking Specialist AVP at Morgan Stanley

Harrison, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Feb, 26

Salary

140000.0

Posted On

18 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Recommendations, Banking Products, Lending Products, Client Service, Business Development, Relationship Building, Marketing Campaigns, Pipeline Management, Collaboration, Communication, Problem Solving, Leadership, Interpersonal Skills, Software Proficiency, Initiative, Professionalism

Industry

Financial Services

Description

Act as subject matter expert for FA and Branch inbound inquires or facilitate referral for resolution to the subject matter expert Act independently in making financial recommendations on banking and lending products to the FAs Provide the best banking and lending financial advice to clients in conjunction with FAs Partner with assigned Private Banker providing direct and backup support as necessary Establish a reputation of execution and excellence to gain confidence of FAs and Private Bankers to fully develop the banking opportunities with their clients Assist in developing and implementing marketing campaigns. Proactively make outbound calls to FAs Adhere to established distribution process to realize established revenue, product and FA / client satisfaction goals, consistent with providing sound financial banking and lending advice Develop and maintain adequate marketing pipeline to meet revenue targets. Maintain pipeline reports on an ongoing basis. Gather client information to facilitate a streamlined account opening process including completion of loan applications and collection of information Collaborate with Region Manager on initiatives supporting the region Ensure a coordinated business development and service process with product partners. cycle Provide product feedback to product managers to generate FA productivity improvements and product enhancements 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 partners Minimum of 5 years' experience with an investment, commercial or private bank 4 years of client service, business development and/or Sales Desk experience Experience in understanding the financial needs of all types of clients Strong knowledge of banking 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 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 Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $85,000 and $140,000 per year at the commencement of employment. 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.

Responsibilities

Act as a subject matter expert for financial advisors and branch inquiries, providing financial recommendations on banking and lending products. Collaborate with private bankers and assist in developing marketing campaigns to enhance client satisfaction and revenue targets.