SonicJobs Logo
Left arrow iconBack to search

Business Manager - Vice President

Morgan Stanley
Posted a day ago, valid for a month
Location

Harrison, NY 10577, US

Salary

$110,000 - $190,000 per year

Contract type

Full Time

By applying, a Morgan Stanley account will be created for you. Morgan Stanley's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • Morgan Stanley is seeking a Business Manager - Vice President for its Wealth Management Platforms, responsible for managing financials and vendor relationships.
  • Candidates should have Business Analyst or Project Management experience in financial services, along with a basic understanding of accounting concepts.
  • The role requires strong organizational skills, effective communication, and the ability to collaborate across complex organizations.
  • The expected salary for this position ranges from $110,000 to $190,000 per year, depending on individual qualifications and experience.
  • A minimum of several years of relevant experience is required to effectively manage the contingent workforce lifecycle and support financial oversight.

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.

Expected base pay rates for the role will be between $110,000 and $190,000 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 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.




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Morgan Stanley account will be created for you. Morgan Stanley's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.