IT senior role of the week: Business Manager – Technology and Data | London

Morgan Stanley-logo

  • Primary Location: London 
  • Education Level: Bachelor’s Degree
  • Job: Management
  • Employment Type: Full Time
  • Job Level: Executive Director

Technology works as a strategic partner with Morgan Stanley business units and the world’s leading technology companies to redefine how we do business in ever more global, complex, and dynamic financial markets. Morgan Stanley’s sizeable investment in technology results in quantitative trading systems, cutting-edge modelling and simulation software, comprehensive risk and security systems, and robust client-relationship capabilities, plus the worldwide infrastructure that forms the backbone of these systems and tools. Our insights, our applications and infrastructure give a competitive edge to clients’ businesses and to our own.

Institutional and Corporate Technology (ICT) is one of five divisions within Technology & Data. We face off to the business and support services to develop and oversee the overall technology strategy and bespoke technology solutions to drive and enable the enterprise. Our clients include Fixed Income, Equities, Commodities, Investment Banking, Research, Global Capital Markets, Operations, Finance, and Legal & Compliance. We are responsible for Pioneer and Application Infrastructure, groups that look to develop foundational strategies, tools and technologies that are leveraged across Tech & Data, as well as standardized data and enterprise-wide services to provide leverage to the Firm’s businesses.

Primary Responsibilities:

You will work as a Business Manager supporting ICT at the Super Department level in all matters of business management relevant to technology related headcount, financials, portfolio management and project/administrative management. Working as part of a global team the position covers:

Financial management, control and analysis

  • Annual planning and periodic forecasting of resources, projects and services.
  • In collaboration with IT Finance, produce monthly financial review/analysis reports of results for Department as well as technology financial results for aforementioned BUs with supporting qualitative commentary around technology initiatives.
  • Financial analysis and spend management for new and existing projects and Technology Funding Requests (TFRs).
  • Project related financial management across the project portfolio including derivation of rates, monitoring actuals vs budget and determining project related corrective action where necessary.
  • Financial management of manpower cost centres, rates and variances.


  • FTE headcount & contingent labour administration – tracking and reporting.
  • Support for hiring managers with regards to consultant on-boarding procedures and process.
  • Validation and approval of new hires, transfers and terminations for all resource types.
  • Compilation, administration and delivery of team based and organization based rosters, trends and resource ratios.
  • Liaise with large vendor and boutique vendor representatives.

Projects and Administration:

  • Provide support to silo managers for communication of technology agenda and department strategy.
  • Cost Transparency & TCO Analysis.
  • Procurement processing and Approvals.
  • Financial analysis and tracking of various productivity improvement initiatives.

Skills required (essential):

  • Strong analytical skills, with proven ability to work under pressure.
  • Organizational skills – work with a vast array of information from solicitation to analysis and to cope with rapidly changing information, able to manage multiple tasks as well as multiple clients, ability to work independently and be highly organized.
  • Strong communication / interpersonal skills to be able to interact at all levels & be effective as part of a broader team of business managers.
  • Project management background useful but not required.
  • Excellent working knowledge of MS Office, particularly Excel and PowerPoint.



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