Business Development Manager

The job

LIVE Live feed (private-sector employer) Source: The Muse public API · Data: listed 2026-11-05

Job description

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

The Wealth Management Field and Client Business Development Group supports the Firm's Financial Advisors by managing the field sales support of non-banking products and the business development functions for our branch network.

As part of the Regional Sales Team, the Business Development Manager (BDM) is responsible for driving asset growth in their respective markets, executing strategic and tactical initiatives, providing ongoing practice management coaching and proactive ideas to Financial Advisors, and coordinating efforts around local, regional, and national initiatives.

Key Responsibilities:

• Working knowledge of the Firm's entire suite of products and tools
• Ability to accurately and effectively position each of the major product capabilities against suitable client need and, where necessary, refer Financial Advisor inquiry to the right internal partner
• Deeper specific knowledge of platforms / tools supporting the key National initiatives and the specific Regional priorities
• Ability to develop strategic and tactical business plans to drive positive results
• Ability to continuously grow and develop Financial Advisors practices through training, education, and one on one conversation
• Effectively engage with Product Partners across the Firm to ensure your Financial Advisors have the proper training and knowledge of both existing and new tools and resources
• Delivery of initiatives to the Branch / Complex office and Financial Advisor in a variety of methods
• Desk-to-desk rollout of key initiatives
• Deep dive book reviews and segmentation
• Tactical campaigns
• Procurement and facilitation of outside resources

• A minimum of 5 years of experience in Wealth Management, as a Financial Advisor (with satisfactory production and compliance record), or comparable product area or management experience.
• Bachelor's Degree required
• Active Series 7, and 66 (or 63 and 65) required upon hire or within 120 days of hire date
• Strong oral and written communication skills
• Outstanding interpersonal skills and demonstratable ability to establish alignment between the expectations and strategies of different stakeholders
• Strong and creative problem-solving skills
• Confident, flexible, and resilient team player
• Adapts style to build relationships across all levels
• Ability to autonomously develop, deliver, and execute on strategic plans

Explore around this job

Field: Sales and Customers Sub-niche: Sales and business development All jobs at Morgan Stanley Jobs in Pennsylvania Jobs in Allentown, PA Allentown city guide Pennsylvania state guide Lehigh County economy

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About the role

This is a Senior Level role in the Sales and Customers field (Sales and business development) at Morgan Stanley. Senior roles usually expect substantial experience, ownership of results and often the ability to guide others.

We could not match this job title to one occupation in the official wage statistics, so no pay estimate is shown. Pay is not in the source listing; ask the employer for the range and compare in the 240 job niches.

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How to prepare and behave

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• Read the whole description and match your examples to its requirements; use the same words the posting uses where they are true for you.
• Research the employer before the interview: what it does, who its customers are and recent news; prepare two or three questions about the work.
• Arrive early (or log in early for a video call), dress one step above the daily dress code, and test your camera and audio beforehand.
• Answer with short stories: the situation, what you did and the result. Give numbers when you have them and never invent them.
• Be honest about gaps; say what you did to learn and how fast you can close them.
• Ask about the team, the first 90 days, how success is measured and the schedule; do not open with salary and time off.
• When pay comes up, know the market range for the occupation and your lowest acceptable offer before you answer; ask for the full package in writing.
• Send a short thank-you message within a day, mentioning one thing you discussed.
• Bring concrete results (numbers, quotas, retained clients) and be ready for a role-play.

Know your rights as a candidate and an employee:

• U.S. Equal Employment Opportunity Commission: prohibited employment practices
• U.S. Department of Labor: Wage and Hour Division
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The city

The job is in Allentown, PA. Below is what the official statistics say about living and working there.

How Allentown compares. Among the 100 largest places in Pennsylvania, Allentown is #3 by population, #86 for homeownership (#1 = highest), #82 for college degrees (#1 = most), #76 for remote work (#1 = most). Its county, Lehigh County, is #8 of 67 counties for average pay ($70,311).

The place in numbers

Allentown has 125,976 residents (ACS 2020–2024), about 1.0% of the population of Pennsylvania. It covers 18 square miles of land, which works out to roughly 7,172 people per square mile. The median age is 33.1, 19% younger than the state median (33.1 against 40.9).

Housing

The median gross rent is $1,317 a month (rent plus utilities), 9% above the state median ($1,317 against $1,209). Over a year that is 28.5% of the median household income. US housing guidance treats housing as affordable when it takes 30% of income or less, so the typical household is under that line. The median home value is $206,600, which is 3.7 times the median household income ($55,494); a ratio under 4 usually means ownership is within reach for many households. 43.2% of households own their home, 38% below the state average (43.2% against 69.3%). A low ownership share points to a rental-heavy market with more apartments and shorter stays.

Work and pay

The Allentown-Bethlehem-Easton, PA-NJ metropolitan area has 377,180 jobs in the BLS wage survey, and the median pay across all occupations is $48,990 a year, 4% below the national median ($48,990 against $50,980). The biggest occupation groups are transportation and material moving (50,830 jobs, median $45,980); office and administrative support (39,250 jobs, median $46,700); healthcare practitioners and technical (31,990 jobs, median $84,440). The area is most specialised in transportation and material moving (1.5 times) and healthcare practitioners and technical (1.3 times), where the share of workers is well above the national share. The best-paying groups with at least 5,000 jobs are management ($112,480) and architecture and engineering ($96,000). In 2026M09 the unemployment rate of Lehigh County was 3.5%. 63.0% of residents aged 16 and over are in the labour force. The city lies in Lehigh County; its jobs, pay by industry and GDP are on the county page.

Getting around

Among workers, 69.7% drive alone, 3.3% use public transit, 3.7% walk, 9.0% work from home. 10.4% of workers commute 45 minutes or more, 37% below the state average (10.4% against 16.4%).

People and education

19.1% of adults aged 25 and over hold a bachelor's degree or higher, 46% below the state share (19.1% against 35.2%). 24.0% of residents were born outside the United States, 211% above the state share (24.0% against 7.7%). The poverty rate is 21.0%, 79% above the state rate (21.0% against 11.7%).

Climate

The warmest month is Jul, averaging 75°F (23.9°C), and the coolest is Jan at 27°F (-2.7°C). About 1,234 mm (49 inches) of precipitation falls in a year; Jul is the wettest month (126 mm) and Feb the driest (74 mm). These values come from NASA satellite-based climatology on a grid of about 50 km, so they describe the wider area, not a weather station in the city.

Nearby cities to compare

Closest cities in this guide: Fullerton (3 miles, rent 8% higher); Emmaus (4 miles, rent 5% higher); Bethlehem (6 miles, rent 5% higher); Northampton (7 miles, rent 11% lower). Rent differences are against Allentown; use the Compare tab to put any two cities side by side.

Full guide to Allentown →Pennsylvania guideAll jobs in Allentown

Official links for Allentown

• Official website of Allentown: allentownpa.gov
• Census Bureau data profile for Allentown
• Official state website: state.pa.us
• BLS Economy at a Glance: Pennsylvania

These links go to official sources and open in a new window. The first one is the government's or company's own site as listed in Wikidata (property "official website"); check it before relying on it.

Where to live

The job city has no coordinates we can place on the map, so no housing comparison is shown. Use the 250 largest cities table to compare rent and income.

Career paths

We could not match this title to one occupation, so here are the other sub-niches in Sales and Customers, where your skills may carry over:

Customer success and service (302) Account management (316)

Distances

This job has no single city we can place on the map (remote, flexible or unmatched location), so no distance table is shown. Browse all Sales and Customers jobs with distances from any of the 20 largest cities.

The employer

Morgan Stanley is the employer in this listing. See all its open jobs here →

It is among the 200 largest US-headquartered employers in our list, with about 83,000 employees worldwide (2025). Company page with headquarters, state economy and official links →

Official links for Morgan Stanley

• Official website of Morgan Stanley: morganstanley.com
• SEC EDGAR: company filings search
• Official state website: ny.gov

These links go to official sources and open in a new window. The first one is the government's or company's own site as listed in Wikidata (property "official website"); check it before relying on it.

What it is like to work at a company (culture, schedules, benefits) is not in the source data, so we do not describe it. Read the description and ask the questions under "How to prepare".

Other open jobs at Morgan Stanley

Similar jobs

Same sub-niche: Sales and business development

More jobs in Allentown, PA

All Sales and business development jobs → · All Sales and Customers sub-niches →

FAQ

What is the Business Development Manager job at Morgan Stanley?

A senior level role in sales and customers (sales and business development) listed 4 days ago. The full description is on this page and on The Muse.

Where is this job?

Allentown, PA.

How do I apply?

Use the "View this job and apply on The Muse" button. AtiveSite does not receive applications.

How much does it pay?

The listing does not publish pay, and we could not match the title to one official occupation.

What is the cost of living there?

Median rent in Allentown is $1,317 a month and median household income $55,494 (ACS 2020–2024).

How old is this listing?

It was posted on 2026-11-05 (4 days ago). Jobs older than 90 days are not shown.

Are there similar jobs?

Yes: browse sales and business development jobs in Pennsylvania.

Sources and terms

• Job data: The Muse public API (listing dated 2026-11-05). The job disappears from this site when it disappears from the source.
• Wages and projections: BLS OEWS (May 2025) and Employment Projections 2025–35.
• City and county figures: Census Bureau ACS 2020–2024, BEA, BLS QCEW and LAUS, NASA POWER climatology; distances from Census Gazetteer coordinates.

AtiveSite is not affiliated with or endorsed by The Muse, the employer or any government agency, and does not process applications. Verify every detail with the employer before acting.

Sources

• BLS OEWS (wages and employment by occupation, May 2025)
• BLS Employment Projections 2025–35
• BLS Local Area Unemployment Statistics
• BLS JOLTS
• BLS State and Metro Area Employment
• Census Bureau American Community Survey (via Census Reporter)
• BEA GDP by state and Regional Price Parities
• IRS 2026 tax adjustments
• U.S. Department of Labor, minimum wage by state
• Tax Foundation state income tax rates 2026
• USAJOBS
• USCIS
• U.S. Department of State, visas
• NASA POWER climatology
• GeoNames / Census Gazetteer (coordinates)