Associate Business Analyst Jobs in Ridgewood, NJ

Wealth Management Strategic Solutions Product Owner/Business Analyst -Associate
Wealth Management Platforms
Location: Purchase
We are looking for a dedicated individual to join our team as an Associate Product Owner/Business Analyst within Wealth Management Strategic Solutions Team (WMSS). This critical position is responsible for driving transformative change and executing strategic initiatives that are essential for risk mitigation and enhancing operational efficiencies. The Product Owner/Business Analyst will work closely with cross-functional teams, utilizing advanced technologies to deliver top-tier solutions that align with our business objectives. We seek a smart, passionate, and detail-oriented team player who thrives in a collaborative environment, enjoys engaging with a diverse group of individuals, and is adept at solving complex problems. The ideal candidate will challenge the status quo to design innovative solutions that enhance our Automation & Workflow platform portfolio, create process efficiencies, and unlock new business opportunities.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow.
Department Overview
In the Wealth Management division, we help people, businesses and institutions build, preserve, and manage wealth so they can pursue their financial goals
Wealth Management (WM) Platforms manages industry-leading platforms, across all WM channels and client segments, to provide a unified digital experience, unlock growth, and deliver efficiencies for Advisors, Clients, and Institutions. WM Platforms consists of nine sub-teams including: Field Experience & Platforms, Digital Client Experience & Platforms, Workplace Platforms, Automation & Workflow Solutions, Digital Trading & Investing, UX Design & Research, Strategy & Execution. Business Control & Support, and the Chief Operating Office.
The WMSS Team is a strategic transformation function within Morgan Stanley Wealth Management. Positioned at the intersection of process reengineering and technology, the WMSS Team leads large-scale initiatives that drive operational excellence through workflow, automation, software/application development, artificial intelligence (GenAI, Agentic AI), and intelligent document processing solutions. The team plays a key role in creating widespread efficiency that enables a shift in capacity towards higher-value clients and business-focused activities.
What you'll do in the role:

• Liaison Role: Serve as a bridge between business, product, User Experience, and technology teams to deliver platform solutions and create new processes.

• Agile Squad Activities: Create business requirements and user stories, translating stakeholder needs into well-crafted backlog items. Collaborate closely with agile squads to refine, prioritize, and deliver high-value features through sprint planning and execution.

• Business Analysis & Testing: Conduct comprehensive business analysis to define detailed technological requirements; carry out testing to confirm quality of features delivered.

• Engagement & Transformation: Support business process transformation initiatives, identify high-impact opportunities, and craft compelling business cases demonstrating strong ROI potential.

• Process Improvement: Evaluate and optimize existing processes and technology solutions to address the needs of key business stakeholders.

• User Journey & Process Alignment: Map and refine critical user journeys, use cases, workflows, and business processes to align with strategic objectives and meet user and business requirements.

• Strategic Change Support: Champion strategic change efforts from ideation through post-launch-managing requirements gathering, conducting impact analysis, overseeing user testing, executing rollout plans, and monitoring success metrics.

• Backlog Management: Manage backlog refinement and sprint planning; clearly articulate requirements to squad and program stakeholders and drive timely delivery of key features.

Skills Required:

• Demonstrates a self-starting attitude with a strong sense of ownership and accountability

• Possesses strong communication skills, both written and verbal, with the ability to simplify complex projects for senior leadership and build strong relationships across teams.

• Exhibits strong analytical and adept at managing ambiguity, synthesizing data, and providing innovative solutions to both tactical and strategic challenges.

• Skilled in prioritizing and managing multiple concurrent initiatives

• Experience in Agile or application development methodologies, and an understanding of the Software Development Life Cycle (SDLC) a plus

• At least 2 years of relevant experience in software or product implementation, consulting or careers where a similar skill set is developed and demonstrated

• Bachelor's Degree required

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 $58,000 and $115,000 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 is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.