Morgan Stanley
IWM Senior Business Manager (ED/MD) / IWM Head of Strategy & Innovation
Morgan Stanley, New York, New York, United States, 10001
IWM Senior Business Manager (ED/MD) / IWM Head Of Strategy & Innovation
International Wealth Management (IWM) is a segment of the overall Wealth Management (WM) business that is dedicated to internationally focused advisors and clients. IWM has been one of the largest growth businesses within WM over the last few years. As a result of its growth, IWM has been a strategic focus of the Firm. The IWM business manages ~$250bn in AuM across 70+ jurisdictions. IWM is looking to hire a senior ED/Junior MD professional to assist the Head of IWM manage the business. The role will report into the Head of IWM and the COO of PWM. Ideal candidate would be an executive that understands the IWM business and broader Firm. The candidate must be a self-starter, highly motivated and focused on execution leveraging their skills and network within the firm. The job requires the candidate to lead across several aspects of managing the IWM business, included but not limited to: Lead a team of professionals across IWM Strategy, Business Management, and Products Partner with key stakeholders including Legal, Risk, Compliance, Audit, 1st line AML, Ops/Tech, PWM Portfolio (Global Sports, Family Office Resources, MFO, MSWC), Lat AM management team, the Integrated Firm Management team etc. Define and refine IWM strategy for business development and platform improvement and lead strategic initiatives including: Develop a platform to deliver multi-currency and multi-entity capabilities to WM clients Identify path forward for Financial Advisors to send emails to clients in dual languages Partner with Head of IWM Intermediaries Strategy and key stakeholders across divisions to develop a comprehensive and robust framework Partner with IWM Product to deliver new offshore products to the Field in coordination with Investment Solutions, MSIM, and other stakeholders as well as support Product expansion in collaboration with MSFO Manage team across key business management areas, including: Maintain Client event oversight in coordination with Events team Actively manage the annual Budgeting process and discretionary spend Participate in key client meetings and events including VIPs Conduct Market visits to maintain connectivity with Field leadership and International Client Advisors and identify opportunities for improvements in IWM offerings, process, technology etc. Work closely with external thought leaders/vendors (McKinsey, Cap Gemini, KPMG etc.) on competitive intelligence on offshore business WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.
International Wealth Management (IWM) is a segment of the overall Wealth Management (WM) business that is dedicated to internationally focused advisors and clients. IWM has been one of the largest growth businesses within WM over the last few years. As a result of its growth, IWM has been a strategic focus of the Firm. The IWM business manages ~$250bn in AuM across 70+ jurisdictions. IWM is looking to hire a senior ED/Junior MD professional to assist the Head of IWM manage the business. The role will report into the Head of IWM and the COO of PWM. Ideal candidate would be an executive that understands the IWM business and broader Firm. The candidate must be a self-starter, highly motivated and focused on execution leveraging their skills and network within the firm. The job requires the candidate to lead across several aspects of managing the IWM business, included but not limited to: Lead a team of professionals across IWM Strategy, Business Management, and Products Partner with key stakeholders including Legal, Risk, Compliance, Audit, 1st line AML, Ops/Tech, PWM Portfolio (Global Sports, Family Office Resources, MFO, MSWC), Lat AM management team, the Integrated Firm Management team etc. Define and refine IWM strategy for business development and platform improvement and lead strategic initiatives including: Develop a platform to deliver multi-currency and multi-entity capabilities to WM clients Identify path forward for Financial Advisors to send emails to clients in dual languages Partner with Head of IWM Intermediaries Strategy and key stakeholders across divisions to develop a comprehensive and robust framework Partner with IWM Product to deliver new offshore products to the Field in coordination with Investment Solutions, MSIM, and other stakeholders as well as support Product expansion in collaboration with MSFO Manage team across key business management areas, including: Maintain Client event oversight in coordination with Events team Actively manage the annual Budgeting process and discretionary spend Participate in key client meetings and events including VIPs Conduct Market visits to maintain connectivity with Field leadership and International Client Advisors and identify opportunities for improvements in IWM offerings, process, technology etc. Work closely with external thought leaders/vendors (McKinsey, Cap Gemini, KPMG etc.) on competitive intelligence on offshore business WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.