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Fund Services Product Development: Project Manager/Business Analyst

Morgan Stanley

Fund Services Product Development: Project Manager/Business Analyst

Morgan Stanley

New York, New York, United States of America

·

On-site

·

Full-time

·

1w ago

Established in 2004, Morgan Stanley Fund Services (MSFS) is a global business within the Institutional Equities Division (IED) that provides fund administration services for over $700billion in assets across 350+ hedge funds, private equity and large family offices clients. Our best-in-class offering includes accounting and investors services, portfolio analytics, middle-office functions, regulatory and financial reporting, and tax services. Delivering these services to our clients and their investors is a diverse team of 1,400 highly skilled employees across the globe based in New York, London, Glasgow, Dublin, Mumbai, Bengaluru, and Hong Kong. Joining MSFS, you will discover a dynamic environment where every day offers new opportunities for personal growth and innovation. Here at MSFS your career isn’t just a job, it’s an incredible journey fueled by collaboration, challenge, and the chance to make a meaningful impact to our business, our clients, their investors and the wider Morgan Stanley franchise.

The Product Development team is the engine at the heart of our MSFS technology ecosystem, ensuring our platforms perform seamlessly for clients and colleagues every day while leading transformative changes across our business. Through the team’s deep partnership with our Technology department, they are reimagining how we work and how clients and their investors engage with MSFS. This team enables breakthrough innovation and an elevated user experience. Product Development is also at the forefront of adopting advanced technologies, including robotics and artificial intelligence, to deliver greater scale, efficiency, and operational excellence for MSFS and its stakeholders.

We are looking for a dynamic and versatile professional to take on a hybrid role combining Product Management, Project Management, Testing, Subject Matter Expertise and Business Analysis. This role requires a strong ability to define project strategies, manage projects, conduct business analysis, ensure quality assurance, and provide industry specific expertise. The ideal candidate will have a mix of leadership, analytical, and hands on testing skills to drive product success.

The candidate will work closely with the business unit to manage and implement the direction and priorities of the Middle Office Trade Affirmations platform. This candidate will be responsible for facilitating and gathering detailed user requirements for the development teams, facilitating design reviews with the business and manage the overall rollout plans including QA, user testing, staff training and final delivery. This role also includes being the first line of user support for products, track client issues and works with the business to prioritize post implementation issues and enhancements requests. This candidate will have to coordinate between the business and development teams across multiple global locations.

Responsibilities:

  • Define and execute the product roadmap based on business goals and user needs

  • Gather, analyze, and prioritize product requirements from stakeholders and users

  • Develop and manage project plans, ensuring timely and successful delivery

  • Identify risks, dependencies and bottlenecks, implementing mitigation strategies

  • Track project progress and provide status reports to leadership

  • Translate business needs into clear and actionable requirements

  • Create and maintain documentation, including process flows, business rules, and user stories

  • Develop and execute test plans, test cases, and test scripts to ensure product quality

  • Perform user acceptance testing (UAT) and work with end-users to validate solutions

  • Collaborate with developers to troubleshoot and resolve issues

  • Contribute to product documentation, training materials, and FAQ’s

Skills Required:

  • 2+ years of experience in product management, project management, business analysis, testing, or a related role

  • Strong understanding of business analysis techniques, SDLC, and agile methodologies

  • Experience with project management tools (e.g., JIRA, Service Now)

  • Proficient in requirement gathering, process modeling, and gap analysis

  • Hands-on experience with testing methodologies, tools, and defect tracking systems

  • Strong analytical, problem-solving, and critical thinking skills

  • Excellent communication and stakeholder management abilities

  • Ability to manage multiple projects and priorities in a fast-paced environment

  • Needs to be comfortable with Microsoft Office: Outlook, Excel, Word, PowerPoint, Visio, Project

  • Experience working with/for hedge funds, private equity funds, hedge fund technology vendors, hedge fund administrators and/or prime brokers is a plus

  • Knowledge of Trade Affirmations processing is a plus

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 $130,000 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).

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About Morgan Stanley

Morgan Stanley

A financial services company that offers securities, asset management, and credit services.

10,001+

Employees

New York

Headquarters

Reviews

3.5

4 reviews

Work Life Balance

3.0

Compensation

2.5

Culture

3.2

Career

3.0

Management

3.0

35%

Recommend to a Friend

Pros

Skills evaluation through business plans and projects

Direct access to senior leadership interviews

Conversational interview format

Cons

Automated resume screening system issues

Focus on formatting over qualifications

Compensation concerns and salary expectations

Salary Ranges

11,766 data points

Junior/L3

Mid/L4

Senior/L5

Junior/L3 · Analyst

1,682 reports

$114,371

total / year

Base

$96,366

Stock

-

Bonus

$18,005

$77,808

$170,800

Interview Experience

6 interviews

Difficulty

3.0

/ 5

Duration

21-35 weeks

Experience

Positive 16%

Neutral 84%

Negative 0%

Interview Process

1

Initial screening (HR/HireVue)

2

Technical rounds

3

Manager/Senior leadership interviews

4

Final round/Superday

Common Questions

Technical knowledge assessment

Behavioral questions

Role-specific scenarios

Leadership and teamwork examples