Business Manager - Vice President - Purchase
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.
Wealth Management (WM) Platforms manages industry-leading platforms, across all WM channels and client segments, to provide a unified digital experience, unlock growth, and deliver efficiencies for Advisors, Clients, and Institutions. It manages digital products used by over 16,000 Financial Advisors across the firm. WM Platforms consists of nine sub-teams including: Field Experience & Platforms, Digital Client Experience & Platforms, Workplace Platforms, Automation & Workflow Solutions, Digital Trading & Investing, UX Design & Research, Strategy & Execution. Business Control & Support, and the Chief Operating Office.
The Chief Operating Office (COO) Business Management Team is responsible for all aspects of the non-technology budget, managing financials and corresponding reporting across the Platforms organization. Business Management serves as the primary liaison between our core businesses and the vendors that support them. This includes the oversight of Platform's contingent workers as well as the management and enforcement of the Wealth Management expense policy.
Primary Responsibilities:
- Manage the contingent workforce lifecycle in Fieldglass: Contingent management (onboarding/changes/offboarding), including timesheet, billing, and compliance support.
- Own vendor relationships: cadence meetings, issue resolution, and support for extensions/conversions as needed.
- Support sourcing and contracting workflows for professional services: Intake forms, contract bidding, vendor onboarding.
- Maintain forecasts and provide financial oversight: P&L/ledger variance review (includes: accruals/T&E tracking, budget/Fieldglass reconciliation).
- Prepare materials and recommendations for leadership expense reviews and new business proposals.
- Process and approve invoices/requests using internal tools, providing policy guidance and escalation support where needed.
- Provide prioritized support for time-sensitive initiatives and other ad hoc reporting/assessments.
Required Skills and Qualifications
- Business Analyst or Project Management experience in financial services
- Basic understanding of accounting concepts (P&L, margin, forecasting, etc.)
- Strong program management and ability to work across complex, matrixed organizations
- Excellent organizational skills with attention to detail
- Ability to interact effectively and collaborate with stakeholders across platforms - strong EQ is a must
- Effective, creative and flexible problem solver
- Strong written and verbal communications skills, ability to interact at all levels of the organization and tailor messages appropriately
- Independent self-starter who can manage day-to-day deliverables and prioritization with limited oversight
- Proficient with the Microsoft Office Suite, including Excel, Outlook, Teams and PowerPoint
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.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.
Skills Required
- Business Analyst or Project Management experience in financial services
- Basic understanding of accounting concepts, including P&L, margin, and forecasting
- Strong program management skills and ability to work across complex, matrixed organizations
- Excellent organizational skills with attention to detail
- Ability to interact and collaborate effectively with stakeholders across platforms; strong emotional intelligence
- Effective, creative, and flexible problem-solving ability
- Strong written and verbal communication skills, including tailoring messages for different organizational levels
- Ability to work independently and manage deliverables and priorities with limited oversight
- Proficiency with Microsoft Office Suite, including Excel, Outlook, Teams, and PowerPoint
Morgan Stanley Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Morgan Stanley and has not been reviewed or approved by Morgan Stanley.
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Healthcare Strength — Health coverage is characterized as comprehensive, with medical, dental, vision, and added supports like One Medical and mental-health sessions. Feedback suggests the overall package is strong to excellent for a large financial-services employer.
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Retirement Support — Retirement programs include a 401(k) with company matching and related financial benefits. These features are frequently highlighted as part of a broad, competitive package.
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Parental & Family Support — Family benefits are noted for generous paid parental leave, fertility support, and caregiver leave. Feedback suggests these offerings stand out as a strength within the package.
Morgan Stanley Insights
What We Do
Morgan Stanley mobilizes capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. For over 85 years, the firm’s reputation for using innovative thinking to solve complex problems has been well earned and rarely matched. A consistent industry leader throughout decades of dramatic change in modern finance, Morgan Stanley will continue to break new ground in advising, serving and providing new opportunities for its clients. Morgan Stanley is committed to maintaining the first-class service and high standard of excellence that have always defined the firm. At its foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide its more than 60,000 employees in 1,200 offices across 41 countries.
