Company Profile 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.
The Finance Division globally reports to the Chief Financial Officer and consists of some 3,000 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.
Global Funding Controllers (GFC) are responsible for controlling and providing business support for the funding arms of the Firm and is part of the ISG Finance organization. Within London, GFC comprises of the following core groups: Bank Resource Management (BRM) controllers, Treasury Capital Markets (TCM) Controllers, and Liquidity & Funding Controllers (LFC). Pre 2008 crisis, funding was easy to obtain and not priced into trades due to ample liquidity in the markets. Post 2008, the landscape looks dramatically different where the economy and regulators have put a spotlight onto Funding and Liquidity making GFC both a focus and growth area.
An opportunity is open in the TCM team, where the team provides business support, analysis and has ownership of key Treasury related financial information on behalf of Corporate Treasury. The team is also responsible for analysing and attributing these funding costs to the Business Units to help incentivize optimal trading behavior and decisions. TCM Controllers primary client is Corporate Treasury but also interact closely with Legal Entity Controllers (LEC), Management Reporting team, Global Product Controllers (GPC), and their business units. The role provides an excellent opportunity into Morgan Stanley's core businesses and Balance Sheet with exposure to all products traded. Globally Treasury Balance Sheet is ~$300bn and allocates ~$3bn of net P&L to the Business Units.
Primary Responsibilities An opportunity has arisen for a permanent role within the team. The successful candidate will be responsible for global oversight of the Balance Sheet and P&L certification processes and associated reporting related to the Firm?s cash balances. Additionally the role will focus on the high profile front-to-back renovation of the product, partnering with Treasury and Operations.
The role will include the following responsibilities:
Oversight of the daily, weekly and month-end processes for Cash Balance Sheet and Revenue accounts
Ongoing development of the Cash Controller model and associated substantiation, leveraging and enhancing existing relationships with
Operations and Treasury and leading process and operating model renovations
Managing and mentoring staff in the Mumbai office
Financial Line Item ownership for Cash, with related reporting responsibilities, working with regulatory teams in New York, and approvals for account opening and journal posting
Monthly signoff in Morgan Stanley 3Rs system, reviewing any exposures within 3Rs raised for differences that have not been resolved by the month end sign-off deadline. Ensuring that ownership is assigned appropriately and reviewed on a timely basis
Act as an escalation point for staff for any issues
Liaising & managing the relationship with auditors and regulators as required
Ability to demonstrate in depth knowledge of the underlying product and processes and be the main point of contact for cash related queries and ad hocs
Committed and self-motivated individual who can demonstrate initiative and problem solving abilities
Experience of managing staff (remote location management experience desirable)
Ability to plan and execute against tight timeframes
Strong organizational and prioritization skills
Strong appreciation of escalation and risk awareness
Analytical skills with a control focus and high regard for attention to detail
Critical thinking in order to challenge processes, solve for ad hoc queries and creativity to suggest alternative approaches
Excellent written and verbal communication skills, and ability to deal with colleagues/clients of all levels
Com p a ny P r o file
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.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Number: 5860209
About Morgan Stanley
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