Banker Banker …

Morgan Stanley
in Clarendon Hills, IL, United States
Permanent, Full time
Be the first to apply
Morgan Stanley
in Clarendon Hills, IL, United States
Permanent, Full time
Be the first to apply
Private Banker

Morgan Stanley (MS) is a global financial services firm that conducts its business through three principal business segmentsInstitutional Securities, Morgan Stanley Wealth Management (MSWM), and Asset Management. MSWM 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.  MS Private Banking Group is seeking a high potential private banker (Private Bankers) to consider the financial needs of the client and recommend private banking products to MSWMs FAs and their clients.  Private Bankers will be assigned to a single high opportunity office, two offices or multiple offices in a Region.


Partner with FAs to provide the best financial advice on private banking  

   products to clients
Build product awareness and understanding among Financial Advisors, with

  emphasis on the high opportunity FAs.
Partner with Financial Advisors to profile their client base, identify and analyze

  business opportunities and succeed in growing new banking revenue.
Act independently in making financial recommendations on private banking

  products to the client.
Provide the best private banking financial advice to clients in conjunction with

Build, promote, market and maintain an adequate pipeline of opportunities to

  meet private banking revenue goals.
Establish a reputation of execution and excellence. Gain confidence of FAs to

  fully develop the banking opportunities with their clients.
Develop and present creative and intelligent solutions and advise in structuring

  client transactions or offer constructive alternatives.
Partner with the Associate Private Banker(s) in the Private Bank Contact

  Center to provide FA and client private banking product, distribution and

  service support.
Act as the subject matter expert for all FA and Branch inquires on private

  banking products and client service offering direct or indirect solutions.
Understand competitive environment and develop strategies to retain and win

  new business.
Develop and implement product marketing strategies with Branch

  Management and FA team, consistent with providing sound financial private

  banking advice.
Work with and communicate effectively with Financial Advisors, Branch

  Managers, Branch staff and Product partners.



Minimum of 7 years of successful lending business development experience

  with an investment, commercial or private bank.
Expert knowledge of credit products including credit cards, residential

  mortgage products, home equity lines of credit, securities based loans, high

  net worth tailored lending products and commercial credit facilities.
Experience in understanding the financial needs of all types of clients.
Proven new business development / origination experience with Lending

  products is required.
Completion of formal credit training strongly preferred.
Bachelors degree preferred or relevant experience
Series 7, 63 (or 66) securities licenses required or to be obtained within 90

  days of employment.


Strong relationship building capabilities with Financial Advisors, Branch

  Managers, Clients, Product Specialists and matrix partners
Strong understanding of the suite of all Banking & Lending products including

  deposit and cash management products.
Ability to understand the financial needs of the retail brokerage clientele.
Ability to efficiently, tactfully & professionally screen, manage and/or decline

  transactions while maintaining FA and client relationships.
Possess excellent business development and marketing skills and desire to

  consistently achieve top revenue results.
Maintain poise, presence and professionalism with FAs and their affluent

  clients in the most difficult circumstances.
Demonstrate positive initiative, leadership and comfort working in a fast paced

Detail orientation with strong organizational and analytical skills
Ability to train Financial Advisors on product suite
Possess excellent oral and written communication skills.
Exceptional presentation skills.
Ability to meet deadlines and manage Financial Advisor and client

Good collaboration skills in a team-oriented environment

Primary Location: Americas-United States of America-Illinois-Oak Brook
Work Locations:
Job: Private Banking
Organization: Morgan Stanley
Job Posting: Jun 12, 2020
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