Vice President, Wealth Management Finance

Reposted 3 Hours Ago
Be an Early Applicant
New York, NY, USA
In-Office
120K-190K Annually
Expert/Leader
Fintech • Financial Services
The Role
Lead Wealth Management Finance administrative operations as COO for WM Admin: manage headcount, budgets, forecasting, regulatory and risk plans, departmental communications, talent development, and strategic support to senior leadership while partnering across the firm to implement finance-driven initiatives and ensure operational governance.
Summary Generated by Built In

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.

Skills Required

  • 10+ years of relevant experience
  • B.A./B.S. in relevant field
  • Advanced understanding of finance functional area, industry and key regulations
  • In-depth knowledge of finance products, client segments and competitive environment
  • Strong technical skills and high aptitude for numbers
  • Extremely proficient with MS Office
  • Ability to manage risk and create mitigation plans
  • Experience managing headcount, recruitment, talent management and related people processes
  • Ability to inspire, support and develop team members; strong interpersonal skills
  • Willingness to learn, grow and remain agile; team-oriented mindset

Morgan Stanley Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.

  • Parental & Family Support Family support is extensive, with paid parental leave for all parents, adoption and fertility assistance, backup childcare, and eldercare resources. Feedback suggests these programs meaningfully enhance the overall package and help with retention.
  • Healthcare Strength Health coverage spans medical, dental, vision, mental‑health access, care navigation, and expert second opinions. Convenient primary care access and condition‑specific support reinforce the depth of healthcare coverage.
  • Equity Value & Accessibility Equity compensation and stock ownership are positioned as core motivators that encourage commitment and retention. Feedback suggests education and support are provided to help participants manage equity and related financial benefits.

Morgan Stanley Insights

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The Company
HQ: New York, NY
87,899 Employees

What We Do

Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide its more than 60,000 employees in 1,200 offices across 41 countries.

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