Business Analyst for Derivatives Projects Group (DPG) Confirmations.

The goal of DPG Confirmations team is to deliver an industry leading confirmation solution for derivatives of all asset classes (equity, fixed income, commodities, FX, credit); covering confirmation drafting (i.e. outbound), matching (i.e. inbound), chasing, template creation and template management for all confirmation channels (text and electronic).

The successful candidate will be capable of performing detailed business analysis (either on their own or through a team of junior 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 also being skilled at extracting requirements from subject matter experts in Operations, Legal, Compliance, Trading, Sales and Risk Management.

The successful candidate would ideally have some knowledge of ISDA agreements and other legal documentation covering Derivative confirmations as well as an understanding of the current industry trends that are driving the confirmations space.

The immediate focus of the successful candidate will be:
• Part of a team of business analysts delivering a major project in the confirmation space.
• Deliver projects to bring major change to the confirmation processes through significant enhancement of the current confirmation systems or through the delivery of the future state confirmation 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 confirmation systems and processes.
• Analyse issues with the current applications and confirmation 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 confirmation 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 will have strong problem solving skills, an analytical mindset, good communication skills, knowledge of derivative confirmations and the ambition to build a career in business analysis at Morgan Stanley.

Skills Required
Refer to detailed job spec for details. The core skills/experience are:
- Detailed knowledge of the derivative confirmation 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 to good problem solving skills and analytical mindset
- Honours degree or equivalent