Technology Division Business Manager, Vice President

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 12 Dec 18

Technology Division Business Manager, Vice President

Company Profile
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.

Technology works as a strategic partner with Morgan Stanley business units and the world's leading technology companies to redefine how we do business in ever more global, complex, and dynamic financial markets. Morgan Stanley's sizeable investment in technology results in quantitative trading systems, cutting-edge modelling and simulation software, comprehensive risk and security systems, and robust client-relationship capabilities, plus the worldwide infrastructure that forms the backbone of these systems and tools. Our insights, our applications and infrastructure give a competitive edge to clients' businesses-and to our own.

Seeking a Business Manager to be part of a team supporting senior Technology Functional leads who are working to help transform the technology operating model. The business manager will be responsible for the financial management and operational oversight of Centers of Excellence (COEs) as well as the Business Development Office. The COEs are driving change for technology and providing strategic direction for Agile, Cloud, Artificial Intelligence / Machine Learning, and Data. A key success factor for this role will be to manage relationships with the Sr. area managers to ensure they manage well. Functionally this means covering Budgeting, Forecasting, spend tracking, reporting, resource management in close cooperation with Finance, Firmwide Sourcing and other stakeholders. The Business Manager would be proactively involved in understanding the current versus projected spend streams and cost models as needed. This role will be joining a team of business managers and will also manage support from others including resource, funding and reporting. This role will have a direct report. Primary Responsibilities: - Financial management: driving the budget process, reporting, analysis, and allocations - Overall workforce management including roster management, strategy, reporting and oversight - Directing oversight of Technology Funding Requests (TFRs) - Understanding, managing and creating allocations as needed - Serve as SME for Financial Tools - gain deep understanding of financial toolsets and relationships between them - staffing planner, wallets / TFRs, etc. - Oversight of the front to back resource and financial process including the processes themselves, accruals, invoices, contracts - Support senior managers for requests such as executive presentations, ad-hoc financial analysis - Manage risk and entitlements for the areas - Support the transformation and simplification of technologies processes


- Strong Analytical and modeling skills
- Self-starter
- Experience with financial reporting / analysis for a technology organization
- Excellent written & verbal communication skills with cross-divisional stakeholders
- Expert with Excel (using formulas and pivot tables) and creating management presentations in PowerPoint
- Execution & deliverable focused
- At least 7 years of professional experience in a similar role, or accounting
- financial controller experience in an international / corporate environment. Prior experience managing technology expenses a plus
- Willingness to take ownership and accountability to execute and deliver on goals; strong commitment to high quality standards
- Excellent time management skills, ability to efficiently prioritize and multitask, and work under pressure to meet deadlines and team objectives
- A forward thinker willing to help the organization transform