Assoc, P2, Business Analysis II : Job Level - Associate
Morgan StanleyAbout the role
In the Technology division, we leverage innovation to build the connections and capabilities that power our Firm, enabling our clients and colleagues to redefine markets and shape the future of our communities. This is a Business Analysis II position at Associate level, which is part of the job family responsible for analyzing business processes, identifying needs, and establishing requirements to enhance efficiency and productivity through a blend of business acumen and analytical skills.
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.
Our WM business is one of the largest in the world with more than $2 trillion in client assets, $73 billion in lending balances, and nearly 16,000 Financial Advisors in 600+ offices across the U.S. Our Financial Advisors focus on delivering timely, customized solutions and services that help clients meet their financial and life goals. Our offering includes brokerage and investment advisory services, financial and wealth planning, access to credit and lending, cash management, annuities and insurance, and retirement services.
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.
Department Profile
Wealth Management Product Technology (WMPT) is a dynamic and fast-paced area within the Firm’s WM Technology Division. We are responsible for creating innovative technology solutions for the Private Banking Group (PBG), one of the strategic growth areas of the Firm, providing cash management and lending products and services to our WM clients. This includes state-of-the-art technology for a nationwide network of Private Bankers and product specialists who work with Financial Advisors to provide access to products and services such as online banking, cards, deposit products, residential mortgages, securities-based loans, and tailored lending. If you are an exceptional individual who is interested in solving complex problems and building sophisticated solutions in a dynamic team environment, WMPT is the place for you.
What you'll do in the role:
As part of strategy to design and implement industry leading applications Morgan Stanley WMPT team is looking for a Business Analyst, who will develop and implement projects for the Field Management Technology team at Morgan Stanley. The Field Management Technology team provides technology solutions essential to senior management, field managers, financial advisors and support staff for managing their business, organizing their teams, tracking their compensation, and generating revenue for Morgan Stanley’s Wealth Management division.
In this role, the candidate will interact with senior management, business unit and operations personnel, branch offices and the technology teams.
Job Functions/Duties and Responsibilities:
• Participating in all phases of the development lifecycle, including working with the business areas to collect and document business requirements, writing functional requirements documents, coordinating user acceptance testing and assisting with the deployment and roll out process.
• Identifying key business and IT contacts, eliciting requirements from business users and creating detailed functional requirements documents, use cases, wireframes, data flow diagrams, sample reports, or other similar artifacts.
• Acting as the interface and advocate between the business users and the development teams.
• Proactively identifying and managing issues to full resolution and providing status updates on progress.
• Developing into a subject matter expert for Field Management Technology applications.
• Create documentation that outlines data lineage and a framework for data governance.
• Work with the developers to define/document existing application infrastructure / architecture.
• Assist with QA/Testing to review/refine test plans and create more detailed test cases.
• Support in responding to Audit queries related to Business process and IT implementation.
• Work with the project team and business to identify and resolve issues that arise during projects or as part of day-to-day business operations.
• Proactively manage changes in scope, identify potential risks, and devise contingency plans.
• Build, develop, and grow relationships with IT and areas vital to the success of the project.
• Conduct analysis, scope estimation a
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