Business Service Officers (BSO) are responsible for shaping the future of
service by modernizing our client experience through an elevated standard of
care. The Business Service Officer (BSO) will report directly to the Market
Business Service Officer (MBSO) and is responsible for the
supervision, management of Support Professionals and execution of all business
and service functions within the assigned branches. Additional job
responsibilities include facilitating communication and training for Service
Professionals, partner with Market Sales and Risk teams to ensure execution in
all aspects of the business and further support the MBSO with delivering on
service initiatives.
DUTIES and RESPONSIBILITIES
People Management and Communication
• Lead the Branch in executing the organization’s strategic priorities by
influencing and coaching behavioral change with a focus on consistency, quality,
and compliance with Firm policies and procedures
• Lead, mentor, and supervise a team of Support and Service Professionals
• Promote cross-training, learning, development and recognition of Service and
Support Professionals within the market
• Facilitate the interviewing, selection and onboarding of new hires, including
newly recruited Financial Advisors and their Support Professionals
• Partner with MBSO and Human Resources regarding all aspects of people
management, including annual performance reviews, performance management and
conflict resolution
• Maintain strong relationships with key partners within the Branch, Market,
Region and Home Office including participation in team meetings, regional and
national calls
• Consistently conduct Support Professional one-on-one meetings for coaching
opportunities, career goal setting, job related activities, firm opportunities
and team building; this includes meeting with Advisor teams to address service
needs
• Manage and oversee Support Professionals coverage for Financial Advisors in
the Branch
• Identify Support Professional recognition opportunities within the market
through sharing of best practices, success stories and achievements
• Promote a branch culture that’s consistent with the Firm’s core values,
including championing diversity and inclusion
Operational Oversight
• Manages travel and entertainment expenses for Advisors as well as other firm
programs to manage budget tracking and forecasting with adherence to Firm
policies
• Facilitate and manage resolution of client inquiries/requests
• Participate in national calls to lean about new platform changes, policy and
procedure updates, share best practices and learn about other timely updates
• Identify and implement process improvements to ensure teams are maximizing
productivity and driving efficiencies
• Additional operational oversight may be required
• Administer other duties as delegated by the Market Business Service Officer
EDUCATION, EXPERIENCE, KNOWLEDGE, and SKILLS
Education and/or Experience
• Bachelor’s degree required or equivalent education
• Previous industry experience
• Active Series 7 (GS), Series 9 and Series 10 (SU), and Series 66 (AG/RA) or
Series 63 (AG) and Series 65 (RA) required
• Other licenses as required for the role or by management
Knowledge/Skills
• Effective written and verbal communication skills
• Strong attention to detail
• Ability to prioritize and resolve complex needs and escalate as necessary
• Ability to identify issues and trends in order to anticipate change and
provide comprehensive solutions and remedies
• Evidence of strong leadership and talent development capabilities
• Previous supervisory experience preferred
• Exceptional organizational and time management skills
• Exceptional conflict resolution skills
• Ability to manage relationships, motivate and lead groups of people at various
levels throughout the market
• Knowledge of Firm’s Risk & Compliance policies
• Ability to think strategically
Reports to
• Market Business Service Officer
Direct reports:
• Support Professionals
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 $170,000 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
[https://www.morganstanley.com/people-opportunities/eeo].