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Branch Manager, Non-Producing

Morgan Stanley · Rockville, Maryland, US

POSITION SUMMARY: The primary focus of the role is to drive revenue, increase profit before taxes, and manage risk within their branch.

Job description

POSITION SUMMARY: The primary focus of the role is to drive revenue, increase profit before taxes, and manage risk within their branch. Job functions also include maintaining a superior and consistent level of client service, developing cohesive teams, providing consistent leadership, and assuming accountability for the Branch’s results. In addition, a large emphasis will be placed on the recruitment and retention of Financial Advisors. Non-producing Branch Managers must be responsible for fiscal management, personnel management and morale, business ethics and practices, and compliance with all Federal, State, and Local laws and regulations. The Non-Producing Branch Manager will report into the Market Executive. DUTIES and RESPONSIBILITIES: Sales/Marketing: - Has a thorough understanding of the Firm’s products and those of its strategic partners; uses this knowledge to provide resources and direction in order to drive sales. - Knows where the resources are; able to direct the sales force to the right resources in an efficient manner as to make the sales process more efficient. - Effectively applies product/business knowledge to recruiting efforts; able to “translate” competitor off...