About the role
Technical Risk BA/PM
Job Description
Designation:Contractor
Department: FID Federal Risk Applications
Job Location:London
About Us
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. We advise, originate, trade, manage and distribute capital for governments, institutions, and individuals. 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. We provide you a superior foundation for building a professional career where you can learn, achieve, and grow.
Technology/Role/Department at Morgan Stanley
Technology is the key differentiator that ensures that we manage our global businesses and serve clients on a market-leading platform that is resilient, safe, efficient, smart, fast, and flexible. Technology redefines how we do business in global, complex, and dynamic financial markets. We have many award-winning technology platforms that help to propel our Firm’s businesses to be the top in the market.
Federal Risk Applications
Developing and maintaining risk infrastructure across IST (Sales & Trading) to support all FO businesses with common risk solutions & tools and to provide common solutions that focus on uniformity where appropriate to our key consumers in Firm Risk Management and Finance.
The team operates across global locations in a flat, agile structure and fosters a culture of collaboration and autonomy.
Role Alignment:
You will align with the strategic One Risk Store (ORS) modernization initiative.
ORS is a greenfield, future-proofed, risk storage and reporting platform being developed as part of a front to back risk technical change program. Its overarching goal is to consolidate all official firmwide market risk data storage against a uniform data model. The platform will support analysis / reporting capabilities for use by all risk consumers.
The program will aim to incorporate front to back incremental processing to improve overall workflow efficiency, reduce data duplication and by leveraging modern cloud technology provide huge scaling to support the ongoing growths in the data.
ORS as the market risk authority for the firm will aim to define semantic models against all the datasets it exposes to support AI agent consistency.
With enhanced technical capabilities the program intends to support new game changing features such as risk timeseries analysis across petabytes of historic risk data to identify risk trends and outliers as well as the ability to support granular re-runs of risk and the ability for consumers to register granular completeness criteria to support their specific workflows.
Key stakeholders include FO Strats, Risk Managers and Global Financial Controllers.
Responsibilities:
You will use your risk, functional, data knowledge and project management skills to support the overall program management and reporting function.
As a key leader in the ORS strategy team, you will be responsible for the owning the overall fleet roadmap and associated program artefacts such as RAID log.
You will be expected to develop relationships with all of ORS’s key stakeholders in support of the multi-year change program.
You will be expected to maintain and manage the ORS business case in conjunction with business management, helping to track resource changes, business value estimates, ongoing costs etc.
You will help manage the ORS long term back log of producer and consumer requirements across all asset classes and risk types.
You will be responsible for organising the program’s steering calls and associated materials, a critical reporting function within the program’s operating model, as well as managing the communication strategy on behalf of the ORS management team.
The role will require you to develop succinct ORS story telling skills for ad hoc and linked to the wider communications strategy and program operating model.
As well as providing broad program coverage, it will be important for you to help project manage specific delivery streams using your BA/PM skill set. This will help you understand the ORS capability, overall architecture and approach to delivery, which in turn you will help continuously improve. In this role you will support requirements capture, user story building / success criteria definition as well as providing UAT test phase coordination.
You will work at a fleet level defining major ORS epics and goals and identifying and managing x squad / fleet deliverables. Having a technical background will be invaluable in bridging the gap between functional/data and technical architecture.
A background in data modelling / processing & controls would also be especially useful in this role.
Key responsibilities of this role are:
· Support the development of the ORS long term backlog by partnering with key SMEs, risk stakeholders and sharing with the wider fleet.
· Develop and manage a working ORS roadmap to drive all reporting from. Immediate focus on maturing the roadmap within JIRA Cloud requiring work with all fleet membership to adopt / mature JIRA standards.
· Develop / mature business epics & goals as part of the ORS long term back log. Support prioritization of the backlog, establishing x squad / fleet dependencies.
· Maintain the overall ORS business case, quantifying business value and scheduling metrics to facilitate planning.
· Own the overall program KPI reporting.
· Own specific ORS deliverables as capacity allows.
· Own preparing materials for a range of formal reporting calls such as steercos, IBRs and to the TIG committee on a semi annual business to defend the ORS business case.
Required Skills:
o Bachelor’s Degree with at least 5 years’ experience as a Technical Risk Business Analyst / Project Manager.
o Sharp analytical, problem-solving skills with an emphasis on solution/data/functional architecture, design, and delivery.
o Deep knowledge of front to back risk; FRTB, Stress Testing would be an advantage but not critical.
o Proficiency with JIRA, SQL, ETL tools, Microsoft PowerPoint, Excel, data wrangling tools e.g., Dataiku.
o Confident in using AI tools to develop ORS stories and support data mining activities.
o Knowledge of big data / data analytics / governance and data cloud technologies would be especially useful.
o Experience in development and management of user stories as part of an agile pipeline.
o Very strong communications and influencing skills; ability to distil complex topics into actionable strategies, able to chair senior steering calls.
o Ability to work with stakeholders at various levels and cross-functional teams spanning Trading, Control functions and Technology.
o Ability to work independently but also in a collaborative environment to achieve objectives.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential.