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  Private Wealth Management Associate
Asia Pacific Full-Time
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Private Wealth Management - Asia Pacific

  Your Opportunity as an Associate in Private Wealth Management

An overview of this program's objectives and how you can benefit

Morgan Stanley Private Wealth Management, a division of Morgan Stanley Smith Barney LCC, provides a range of investment and private banking services to ultra-high net worth individuals, families and related institutions in the United States, Latin America, Europe, the Middle East and Asia.

Our employees must deliver world-class service to our clients and positive results to our shareholders. To achieve these goals, we seek to attract and retain the most talented individuals from across the industry.  Morgan Stanley Private Wealth Management is seeking eager, hardworking individuals to participate in the Morgan Stanley Private Wealth Management Associate Program. Qualified candidates must show a keen interest in the financial services industry.  Relevant work or internship experience is strongly desirable. The program is based in Hong Kong, with placements in Hong Kong and Singapore.

Launching a Career in Private Wealth Management
The 24- month on the job PWM Sales Associate Program takes place at Morgan Stanley's Asia offices (either Hong Kong or Singapore depending on the location in which you are hired into).    With specific emphasis on sales skills, financial acumen and Firm culture, on-the-job training highlights include:

  • Determining factors surrounding and defining the client's wealth including personal/family objectives, family structure, investment knowledge, sources of wealth, structure of financial holdings, and liquidity needs
  • Asset Allocation and Investment Strategy- formulating strategies to meet the client's goals and objectives, and identifying appropriate asset classes and specific investments in the investor's portfolio
  • Portfolio Construction-determining implementation vehicles such as separate accounts, mutual funds, ETFs, partnerships, closed-end funds, and structured products

Program objectives include:

  • Well-rounded knowledge of the Firm's platform, products and solutions
  • Enhanced sales and client relationship skills
  • Exposure to key members of Morgan Stanley and PWM
  • Access to continued specialized learning and development programs in all aspects of the Associate role  
  • Completion of team and individual project work including managing a portfolio, developing a business plan, pitching to clients, and generating viable prospects
  • To fully equip you with a platform to succeed as a contributing and producing sales professional in PWM Asia

Career Development
Ongoing training is fostered through various educational programs sponsored by Morgan Stanley's Learning and Development team, access to senior management and one-on-one support from the IR Mentoring Team.

Is Private Wealth Management Right for You?
A checklist to help you decide if you have the skills and temperament for this career

  • You are highly focused, self-driven, and goal-oriented
  • You have a strong interest in the financial markets
  • You possess excellent written and oral communication skills
  • You are an insightful, creative, quantitative thinker
  • You can understand and interpret numeric data, especially as it relates to financial services
  • You are very detail-oriented, with a quick reaction time to ever-changing events and market conditions.
  • You have the ability to multitask in a fast-paced environment
  • You have an extensive network of prospective client relationships or have worked in a private bank in a sales capacity

Successful Associates typically possess the following characteristics:

  • You are entrepreneurial, persistent, and team-oriented.
  • You have strong professional and ethical values.
  • You are eager to build extensive network of prospective client relationships.
  • You have an interest in the markets coupled with an ability to explain complex concepts in simple terms.
  • You enjoy continuous interaction with external clients, prospects and professionals within the firm

Requirements
You must be on target to complete an MBA program by June 2011. Fluency in English is mandatory. Fluency in at least one Asian language, such as Mandarin, Cantonese, Thai, Tagalog or Bahasa, is also required.

Selection Process
Candidates are encouraged to attend various Morgan Stanley PWM on-campus events, career fairs, and/or presentations. All applications are screened by members of PWM Management.

  • The first interview is led by a PWM Professional and usually takes place as a phone interview
  • The second as well as the final round of interviews , will be led by various PWM Representative and Investment Representatives, and potentially, the Regional Manager

How to Apply
Please visit our website at www.morganstanley.com/careers/recruiting