Credit Corporates Product Controller','3095865','Dec 22, 2017','Americas-United States of America-New York-New York','Bachelor's Degree','Bachelor's Degree','Accounting/Finance','Full Time','Full Time','Manager','Manager','!*!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. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.The Finance Division reports to the Chief Financial Officer and consists of some 2500 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firm's books and records, and by contributing to firm wide risk management and risk reduction. This division maintains relationships with Morgan Stanley's various industry and government regulators, and also serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.The Financial Control Group (FCG) is responsible for overseeing the accounting and financial and regulatory reporting for the Firm. FCG prepares external financial reports for public filings and regulators. For internal reporting FCG, along with Financial Planning and Analysis (FPA), summarizes, plans and forecasts the organization's financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. FCG is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, Tax and Valuation Review.
We are currently looking for a Manager for the North America Credit Corporates Controller Group covering all flow and structured credit businesses within the Fixed Income Division. This individual's responsibilities will include preparing and communicating management and regulatory reporting information to the business and senior Finance management. This includes financial information with respect to revenues, balance sheet, funding, expenses and capital. In addition, this individual will have responsibilities in the control oversight of the business' revenues, balance sheet and expenses and involvement in several specific regulatory and business related projects.Primary Responsibilities- Produce & review daily commentary on P&L movements, including analyzing p&l attribution and ensuring key drivers arein line with expectations given risk the business is running.- Responsible for aspects of the month-end p&l closeout process, including reconciliation review, resolving issues, andescalating key items to management.- Responsible for aspects of Balance Sheet substantiation for specific strategies and review material changes on a dailybasis with the balance sheet reporting team.- Produce and review various Revenue, Balance Sheet, Expenses and Capital Analytical Reporting to the Business Heads- Produce and review financial metrics relating to various regulatory reporting requirements including, but not limited to,Volcker, Y9-C and CCAR- Assist in the testing and execution of Credit Corporates related Finance project initiatives- Daily interaction with trading desk, IT, Market Risk, and other key finance groups- Reporting and control functions of our legacy Non-Core mortgage businesses including business reporting within discontinuedoperations- Identify issues and initiate discussions on process reengineering, improving efficiency, and working to improve ITsystems.- Ad hoc projects will be assigned which will involve discussion with the legal, traders, market risk, IT, i.e. new systemsfunctionality testing etc.*LI-ND1','!*!Skills- 5-7 years experience related to job description.- BA or BS in Accounting or Finance.- Strong PC skills (Excel, Word, PowerPoint).- Strong analytical, quantitative and problem solving skills.- Effective communication and interpersonal skills.- Organizational skills and teamwork a key*LI-ND1','Credit Corporates Product Controller
Website : http://www.morganstanley.com/
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The companys Institutional Securities segment offers financial advisory services on mergers and acquisitions, divestitures, joint ventures, corporate restructurings, recapitalizations, spin-offs, exchange offers, leveraged buyouts, takeover defenses, and shareholder relations, as well as provides capital raising and corporate lending services. This segment is also engaged in sales, trading, financing, and market-making activities, including institutional equity, fixed income and commodities, research, and investment activities, as well as offers financing services, such as prime brokerage, consolidated clearance, settlement, custody, financing, and portfolio reporting services. Its Wealth Management segment provides brokerage and investment advisory services covering various types of investments comprising equities, options, futures, foreign currencies, precious metals, fixed income securities, mutual funds, structured products, alternative investments, unit investment trusts, managed futures, separately managed accounts, and mutual fund asset allocation programs. This segment also offers education savings programs, financial and wealth planning services, annuity and other insurance products, cash management services, trust and fiduciary services, retirement solutions, and credit and other lending products, as well as fixed income principal trading services. The companys Investment Management segment provides alternative investment products, such as hedge funds, private equity and real estate funds, and portable alpha strategies to institutional and intermediary channels, and high net worth clients, as well as is involved in real estate investing and merchant banking businesses. Morgan Stanley was founded in 1935 and is headquartered in New York, New York.