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Morgan Stanley is seeking a Vice President for its Wealth Management Finance team in New York. This role will serve as the central lead for personnel coverage, team operations, and strategic implementation within WM Admin, aligning with Finance department goals. The position involves business management functions such as headcount, financials, strategic support, and executive communications, requiring advanced understanding of finance, risk, and regulatory standards. The ideal candidate needs 10+ years of relevant experience and strong technical skills, particularly with MS Office.
We're seeking someone to join our Wealth Management Finance team as a COO in WM Admin to serve as the central lead for Personnel coverage, team operations, and strategic implementation for the department, aligned with the goals and directive of Finance.
In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Vice President level position within the Business Management Job Family which performs business management/CAO functions including headcount management, financials, people processes, executive communications, strategic support, divisional governance, regulatory support, etc. This includes regional, location and department management and oversight.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role:
> Collaborate with a varied group of colleagues in Finance and across the Firm
> Lead end-to-end processes and/or programs that require complex decision making, advanced understanding of client and stakeholder needs and subject matter expertise
> Understand and adhere to the Firm's risk and regulatory standards, policies and controls; own risk and contingency plans for business area
> Act as a role model and culture carrier; embody and set an example of the Firm's values and hold yourself and team accountable to Firm standards
> Manage organization headcount, including recruitment, talent management, mobilities, international relocations, functional deployments with staffing impact and other administrative tasks related to team members
> Oversee departmental financials and manage against budgets and forecasting estimates, exercising expense control and transparency
> Provide strategic support to the senior leadership and departmental staff where appropriate for organizational change, regulatory support, business targets and Finance-driven directives
> Lead all departmental communications and event coordination, such as announcements, open forums, training and team-building social events
> Partner with the business unit and other internal organizations to achieve collective goals, milestones, initiatives and targets
> Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function
What you'll bring to the role:
> Advanced understanding of Finance functional area, industry, and competitive environment and technical skills, including risks and key regulations relevant to the division
> Strong technical skills
> Ability to inspire and support others by providing positive and constructive feedback and to acknowledge efforts of and promote team members
> Ability to manage risk and impact to functional area, and create plans to mitigate those risks
> In-depth knowledge of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
> B.A./B.S. in relevant field
> 10+ years of relevant experience
> A high aptitude for numbers and a quick grasp of new applications and technology
> Must be willing to learn, grow and remain agile
> A desire to work in a team-based environment and contribute as a team player
> Extremely proficient with both MS Office
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. 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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. 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 $120,000 and $190,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.