Commodities Change Lead | Executive Director

Morgan Stanley•New York, NY

About The Position

The Commodities Change team supports Operations, Tech and Business teams to drive progress on key initiatives that enable business growth, capacity creation and compliance with regulatory requirements. The team is engaged across the trade lifecycle from trade booking through to reg reporting. Successful delivery of projects requires an understanding of fixed income markets, business needs and an ability to evaluate the current as well as desired future state of the infrastructure. The candidate will be responsible to lead and oversee a global portfolio of projects for the Commodities function which reports into the global Commodities Operations lead. The projects within the portfolio typically entail Delivering an industry-leading operations and technology platform covering trade entry, trade affirmation, allocation, and external connectivity to affirmation platforms Designing and delivering strategic change to the technology and processes necessary to support the Commodities businesses Defining the future vision for operational processes, organizational models, and technology platforms Performing detailed business analysis in order to understand and resolve current issues and develop future strategic change The candidate will be required to - Take responsibility for the definition and realization of business cases including cost and risk reduction opportunities and conceive innovative strategic solutions through software delivery, re-engineering opportunities or other business transformation activity, through connection with external bodies and industry forums as appropriate. Supervise a team of project managers and business analysis and be accountable for overseeing multiple projects through multiple phases with ultimate responsibility for successful delivery of the portfolio on-time and in budget. Effectively manage ongoing dynamic demand and resource planning to meet the needs of multiple regional stakeholders, including Sales and Trading, Legal and Compliance, Risk Management, Technology, Finance and Operations line teams. In addition to overseeing the team’s work, be proactive and find opportunities to lead individual initiatives to deliver impact. Experience of managing projects or engagements and their associated budgets is essential. Create and execute practical and comprehensive implementation plans and partner with all levels of management and stakeholders to gain consensus. Create and lead forums and working groups with senior participants to drive the portfolio, provide status updates, escalate issues, and resolve conflicts Manage Silo and Cross-Silo projects and report progress, risks and issues; ensure benefits are tracked and realised; and manage and maintain vendor relationships in order to deliver on projects. Design and deliver Operating Model concepts; develop strong partnerships with IT colleagues to design, develop, and implement technology solutions Understand the detail of Industry and Regulatory change driving projects, participate in industry forums

Requirements

Knowledge of Commodities business and trade lifecycle especially operational activities involved in managing trade processing, expiry, margin and settlement processes.
Strong stakeholder management and communication skills. Must be able to articulate the right level of detail based on the audience, concisely explain complex issues and possess strong written and oral executive-level communication skills
Experience in leading teams and large-scale project /portfolio change management
Mobilize cross functional teams to resolve issues using both tactical and strategic solutions.
Anticipate problems/obstacles and understand the ramifications to business. You offer workable commercial solutions, build solutions and apply lessons
In challenging situations make timely, sound and commercially focused decisions balancing risk, opportunity and cost.
Proficiency with Microsoft Office applications, including Outlook, Word, Excel, PowerPoint, Project, Visio preferred
Have the confidence to make tough decisions without 100% certainty - form own independent assessment and fairly consider other's opinions.
Actively leverage networks and use initiative to expand own and others understanding of front to back business process and technology.
Understand when to be a leader and when do be a participant depending on what is needed to achieve the team's goals and objectives.
Challenge the conventional view constructively and respectfully; present ideas persuasively to influence others.

Responsibilities

Take responsibility for the definition and realization of business cases including cost and risk reduction opportunities and conceive innovative strategic solutions through software delivery, re-engineering opportunities or other business transformation activity, through connection with external bodies and industry forums as appropriate.
Supervise a team of project managers and business analysis and be accountable for overseeing multiple projects through multiple phases with ultimate responsibility for successful delivery of the portfolio on-time and in budget.
Effectively manage ongoing dynamic demand and resource planning to meet the needs of multiple regional stakeholders, including Sales and Trading, Legal and Compliance, Risk Management, Technology, Finance and Operations line teams.
In addition to overseeing the team’s work, be proactive and find opportunities to lead individual initiatives to deliver impact. Experience of managing projects or engagements and their associated budgets is essential.
Create and execute practical and comprehensive implementation plans and partner with all levels of management and stakeholders to gain consensus.
Create and lead forums and working groups with senior participants to drive the portfolio, provide status updates, escalate issues, and resolve conflicts
Manage Silo and Cross-Silo projects and report progress, risks and issues; ensure benefits are tracked and realised; and manage and maintain vendor relationships in order to deliver on projects.
Design and deliver Operating Model concepts; develop strong partnerships with IT colleagues to design, develop, and implement technology solutions
Understand the detail of Industry and Regulatory change driving projects, participate in industry forums

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