Fixed Income Product Controller, Vice President - Morgan Stanley
New York, NY
About the Job
Fixed Income Product Controller, Vice President
Job Number:
3252042Posting Date
: May 3, 2024Primary Location
: Americas-United States of America-New York-New YorkEducation Level: Bachelor's Degree
Job
: FinanceEmployment Type: Full Time
Job Level: Vice President
Description
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. 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.
Department Profile
The Finance Division 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.
Team Profile
The Rates Trading team sits within the broader Macro Group (Rates Trading and FXEM Trading) in Fixed Income Product Control. The Rates Trading team consists of 3 employees in NY led by an Executive Director and is supported further by 6 employees in our Baltimore office.
Job summary:
We are looking for a high energy director level candidate for the team, with the willingness and drive to coach and develop staff in both the NY and Baltimore offices. The optimal candidate will be a highly motivated, self-starter with at least 7 years of professional experience, including prior experience in product control, financial reporting or a similar role that has given them exposure to, and understanding of, financial products and markets. The candidate should possess strong relationship management skills given the role will face off to many front office, Market Risk, Operations and Finance clients. The role requires flexibility and the ability to quickly pivot from priorities as needed and the balance of working independently as lead on various initiatives as well as partner with management and colleagues on broader initiatives.
Responsibilities (including but not limited to):
1) Oversight of daily p&l reporting and control requirements for Rates Trading strategies
2) Month End general ledger close process and disclosure reporting
3) Enhancement of processes related to financial and regulatory reporting
4) Presentation of financial data and partnering with senior BU stakeholders
5) Participation in technological enhancements
6) Support of strategic projects
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.
Department Profile
The Finance Division 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.
Team Profile
The Rates Trading team sits within the broader Macro Group (Rates Trading and FXEM Trading) in Fixed Income Product Control. The Rates Trading team consists of 3 employees in NY led by an Executive Director and is supported further by 6 employees in our Baltimore office.
Job summary:
We are looking for a high energy director level candidate for the team, with the willingness and drive to coach and develop staff in both the NY and Baltimore offices. The optimal candidate will be a highly motivated, self-starter with at least 7 years of professional experience, including prior experience in product control, financial reporting or a similar role that has given them exposure to, and understanding of, financial products and markets. The candidate should possess strong relationship management skills given the role will face off to many front office, Market Risk, Operations and Finance clients. The role requires flexibility and the ability to quickly pivot from priorities as needed and the balance of working independently as lead on various initiatives as well as partner with management and colleagues on broader initiatives.
Responsibilities (including but not limited to):
1) Oversight of daily p&l reporting and control requirements for Rates Trading strategies
2) Month End general ledger close process and disclosure reporting
3) Enhancement of processes related to financial and regulatory reporting
4) Presentation of financial data and partnering with senior BU stakeholders
5) Participation in technological enhancements
6) Support of strategic projects
Qualifications
Qualifications:
- Knowledge and experience of financial products
- Strategic, analytical and organized
- Strong written and verbal communication skills
- Self-starter and the ability to work both independently and as an effective team member
- Ability to partner and work effectively both with direct team members and with colleagues across the wider organization
- Strong planning, organization, and prioritization skills with the ability to work on multiple tasks and with multiple stakeholders in a fast-paced, dynamic environment
- Proficient in MS Office, specifically a strong command in Excel and Powerpoint
What you can expect from Morgan Stanley:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Expected base pay rates for the role will be between $110,000 and $175,000 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.
- Knowledge and experience of financial products
- Strategic, analytical and organized
- Strong written and verbal communication skills
- Self-starter and the ability to work both independently and as an effective team member
- Ability to partner and work effectively both with direct team members and with colleagues across the wider organization
- Strong planning, organization, and prioritization skills with the ability to work on multiple tasks and with multiple stakeholders in a fast-paced, dynamic environment
- Proficient in MS Office, specifically a strong command in Excel and Powerpoint
What you can expect from Morgan Stanley:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Expected base pay rates for the role will be between $110,000 and $175,000 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.
Source : Morgan Stanley