CTB (Change The Bank) Rates Lead recruitment

The goal of the Clearing Project Group is ultimately to deliver an industry leading Client Clearing solution for all asset classes; OTC Derivatives (equity, interest rates and credit), Listed Derivatives, Commodities and FX.

The focus of this Director (AVP) level role is to perform detailed business analysis (either on your own or through a team of analysts) in order to understand and resolve current issues and develop/define the future state vision. This will require the individual to influence at senior levels, whilst extracting requirements from subject matter experts in Operations, Legal, Compliance, Trading, Sales and Risk Management.

The immediate focus of the successful candidate will be:
• Part of a team of business analysts delivering a major project in the Clearing space.
• Deliver projects to bring major change to the Clearing processes through significant enhancement of the current systems or through the delivery of the future state Clearing systems as part of a team of more senior business analysts. This will involve writing requirements documents, working with senior members of Derivative Operations and IT to design solutions, writing test plans, co-ordination and execution of testing, user training, co-ordination of the implementation of the code changes and providing post-implementation support.
• Enhancements to the current systems and processes.
• Analyse issues with the current applications and processes and identify solutions. If the solution requires a change to the system: write a requirements document / functional specification of the required change, work with IT to code the change, write test packs for testing the change, co-ordinate testing with Derivative Operations, co-ordinate the implementation of the code change and provide post-implementation support.

As the candidate develops their knowledge of the Clearing space and their business analysis skill set, the scope of their role will grow. In the medium term it is expected that the candidate will be able to operate with minimal supervision and will gain full ownership of significant pieces of business analysis (such as designing a future state process) and responsibility for the delivery of major projects.

• The successful candidate would ideally have some knowledge of Clearing houses as well as an understanding of the current/recent industry trends that have driving the Client Clearing space (CME, ICE, LCH, IDCG etc.)
• The successful candidate will have strong problem solving skills, an analytical mindset, good communication skills, knowledge of derivatives, central clearing and the ambition to build a career in business analysis at Morgan Stanley.

The core skills/experience are:
• Knowledge of the clearing and settlement processes
• Good understanding of derivatives products (any asset class)
• Experience of performing detailed business analysis, and will have written a business requirements document 20 pages in length
• Experience of presenting – will have presented for an hour to an audience of 5 including 2 VPs/EDs or equivalent.
• Strong academic record coupled with good problem solving skills and an analytical mindset
• Degree or equivalent educated