Finance Change Business Analyst

Morgan Stanley•New York, NY

3d•$90,000 - $155,000

About The Position

We're seeking someone to join our Finance Centralized Management team as a Business Analyst in Finance Change to lead the delivery of complex projects and implement solutions serving the Global Corporate Controllers Organization (GCC), which is responsible for the end to end delivery of financial and regulatory programs. In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Director level position within the Portfolio & Change Management job family which manages strategic change management, process re-engineering, and establishment of control procedures for projects. Focus on milestone delivery across projects, manage risks and issues that impact program objectives, and facilitate communication across related projects and impacted stakeholders to keep programs on track. 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. What you'll do in the role: - Possess strong analytical and communication skills to support initiatives aimed at improving the quality, timeliness, and centralization of data, while also delivering capabilities to enhance financial and regulatory reporting processes. - Document current-state processes and define business requirements, including target-state process design. - Perform and leverage in-depth data analysis to define business requirements and ensure alignment with technology implementation. - Manage and participate in complex cross-functional projects from initiation through execution, ensuring alignment with strategic objectives and timely delivery. - Create user stories with acceptance criteria and strategize on UAT planning and test scenarios with all stakeholders - IT, users, and project - Possess advanced analytical and problem-solving skills with ability to grasp complexities and make sound decisions under pressure and resolve issues efficiently. - Develop a strong understanding of financial products and existing reporting frameworks. - Collaborate with key stakeholders, Technology and Change team to design solutions, prioritize and resolve issues. - Support the testing phase, including defining the testing approach, creating test plans and cases, and tracking testing metrics with all stakeholders. - Advance data governance objectives within the Finance division by updating the data dictionary, data quality controls, and supporting feed governance and data lineage tracking. - Ensure a seamless transition from project execution to business-as-usual (BAU) operations What you'll bring to the role: - Over 4 years of experience as a Business Analyst, delivering insights and driving process improvements across cross-functional teams. - Excellent written and verbal communication skills; adept at engaging stakeholders at all organizational levels. - Highly organized with strong attention to detail and a process-oriented mindset. - Proactive self-starter with effective time management skills and a collaborative team approach. - Strong analytical and problem-solving capabilities, with experience in data quality assessments, root cause analysis, and data reconciliation. - Familiar with process design and strategic thinking to support business transformation initiatives. - Strong proficiency in Microsoft Visio and Excel and experience with tools such as Rally, JIRA, Alteryx and Power BI is desirable. - Exposure to financial instruments including Fixed Income, Equities, and Derivatives is a plus - Knowledge of financial statements and regulatory reporting frameworks is an added advantage. What you can expect from Morgan Stanley: We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren’t just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you’ll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. 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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. 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 $90,000 and $155,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).

Requirements

Over 4 years of experience as a Business Analyst, delivering insights and driving process improvements across cross-functional teams.
Excellent written and verbal communication skills; adept at engaging stakeholders at all organizational levels.
Highly organized with strong attention to detail and a process-oriented mindset.
Proactive self-starter with effective time management skills and a collaborative team approach.
Strong analytical and problem-solving capabilities, with experience in data quality assessments, root cause analysis, and data reconciliation.
Familiar with process design and strategic thinking to support business transformation initiatives.
Strong proficiency in Microsoft Visio and Excel and experience with tools such as Rally, JIRA, Alteryx and Power BI is desirable.

Nice To Haves

Exposure to financial instruments including Fixed Income, Equities, and Derivatives is a plus
Knowledge of financial statements and regulatory reporting frameworks is an added advantage.

Responsibilities

Possess strong analytical and communication skills to support initiatives aimed at improving the quality, timeliness, and centralization of data, while also delivering capabilities to enhance financial and regulatory reporting processes.
Document current-state processes and define business requirements, including target-state process design.
Perform and leverage in-depth data analysis to define business requirements and ensure alignment with technology implementation.
Manage and participate in complex cross-functional projects from initiation through execution, ensuring alignment with strategic objectives and timely delivery.
Create user stories with acceptance criteria and strategize on UAT planning and test scenarios with all stakeholders - IT, users, and project
Possess advanced analytical and problem-solving skills with ability to grasp complexities and make sound decisions under pressure and resolve issues efficiently.
Develop a strong understanding of financial products and existing reporting frameworks.
Collaborate with key stakeholders, Technology and Change team to design solutions, prioritize and resolve issues.
Support the testing phase, including defining the testing approach, creating test plans and cases, and tracking testing metrics with all stakeholders.
Advance data governance objectives within the Finance division by updating the data dictionary, data quality controls, and supporting feed governance and data lineage tracking.
Ensure a seamless transition from project execution to business-as-usual (BAU) operations