Morgan Stanley

Senior Manager - Product Development - CCS Team - Mumbai

Posted On

Feb. 7, 2025

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

May 7, 2025

Job Description

Job Title: Manager / Sr. Manager – Product Development

Employment Type: Full Time

Job Designation: Manager/ Senior Manager Product Development

Department: Morgan Stanley Fund Services

Morgan Stanley Fund Services (MSFS) provides fund administration services to the world’s leading hedge funds. MSFS has around 1300+ professional globally and of which, 700+ employees work out of India. Our offices are spread in New York, Dublin, London, Glasgow, Mumbai, Bangalore and Hong Kong.

MSFS is a wholly owned subsidiary of Morgan Stanley. The parent company, Morgan Stanley, has obtained Financial Holding Company status in the United States. Subsidiaries of Morgan Stanley are subject to the supervision and regulations of the Federal Reserve Bank. MSFS is an independent legal and business venture within Morgan Stanley. It provides services on a stand-alone basis, independently from other Morgan Stanley affiliates.

The services offered by MSFS include:

• Accounting support including financial reporting

• Investor Services

• Tax Services

• Middle Office support

• Analytics

• Corporate Secretary Services

• Investor transparency reporting

Position Description:

Product Development (PD) team within Morgan Stanley Fund Services (MSFS) is the change & transformation think tank that works with the fund services business to establish overall strategy and priorities for the technology products and platforms. Based on the business strategy and overall priorities, the Product Development team leads & drives the product plans including gathering 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. The team partners with the business & technology teams across multiple global locations to deliver the final product.

The current opening is for the Client Computing Solutions (CCS) Team which is part of Product Development function. The CCS Team develops tools to resolve complex business problems that are overwhelming and error-prone if handled manually by front-line colleagues. Complexity is often found in areas such as investor services, investor allocation, regulatory reporting, capital activities and trade transaction management. The Team is comprised of colleagues who have had solid technical education and have studied finance and accounting as the chosen field to apply the skills. The CCS Team tends to focus on very complex, specific and urgent circumstances, and the solutions tend to be highly customized for the clients concerned, and rapid turnaround is usually a requirement.

The CCS Team currently seeks a candidate with skills in programming and databases, a keen interest in process optimization, and a structured approach to problem solving. The business environment is complex and there are many processes that requires deep analysis followed by end-to-end automation. We are seeking leaders who can help further enhance the performance of the organization, by applying his/ her creativity, and by making use of familiar tools and new tools in the marketplace. The candidate’s responsibility will span across almost all facets of MSFS, working with various groups on such projects. Besides analytical and technical skills, the candidate must have good communication skills, a collaborative attitude, high creativity, as well as being an independent thinker and at the same time a great listener.

Key responsibilities:

Liaise with executive management & business users across locations to understand/ document business requirements, detail the use cases & propose solution options
Design & develop a solution which is flexible to incorporate changes and scalable
End-to-end ownership of the tools built for client processes
Envisioning scenarios and take steps to incorporate them in the solution
Own deliverables across the automation journey to ensure the use cases and scenarios are properly documented & analysed
Create & manage project plans, call out risks & issues proactively, report progress against the plan & track associated project benefits
Create training plans & provide trainings to team-members & users as need arises
Ability to wear multiple hats including but not limited to Business Analyst, Developer, Project Manager, Tester & Business User

Qualifications & Skills Required:

B.Tech/ B.E. or an equivalent engineering degree along with either MBA or equivalent degree in Finance/ Accounting or CFA or equivalent certification with 8+ years of relevant work experience
Demonstrated programming skills in any one language, experience with VBA is a plus
Demonstrated interest and skills in technology and process management
Ability to work with Microsoft office: Outlook, Excel, Word, PowerPoint, Access
Knowledge of databases, database concepts with ability to handle large data-set will be a plus
Strong project management skills with ability to take ownership & lead projects independently with minimum supervision
Working knowledge of project management tools like JIRA, Rally or any other in-house developed tools
Strong communication skills & ability to interface with executive management, business users and technology development teams in multiple locations
Should be detailed oriented and must have strong analytical and problem-solving skills
Experience of working with multiple stakeholders for prioritisation and tracking of requirements
Ability to work as part of focused globally distributed teams, in a complex matrix environment

Ability to handle pressure, effectively prioritize and handle multiple tasks with high level of accuracy
Proactive, positive, self-motivated & a good team player

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong dedication to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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Job Description

Job Title: Manager / Sr. Manager – Product Development

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