What are the responsibilities and job description for the Foreign Exchange Product Controller position at Morgan Stanley?
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.
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. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.
The Morgan Stanley Baltimore office is a critical component of the Firm`s Global footprint and has 1,400 employees that provide support and services to the Investment Banking, Securities, Investment Management and Wealth Management Businesses. We offer a welcoming environment where diverse perspectives are valued and where every colleague plays a role in fostering a culture of inclusion and belonging.
Overview
Our Fixed Income Division Product Control team within Finance team is currently seeking to engage with Baltimore's leading talent to fill a position supporting the Foreign exchange (FX) team. The team works with the trading desk and other support areas (Credit, Operations, IT & Legal) to analyze, consult and report on new and existing businesses. This requires an analytical approach to understanding the risks associated with controlling and accounting for the business. The successful candidate will have an interest in understanding relevant products, as well as PnL reporting processes. We are particularly interested in speaking with you if are a highly motivated, detail-oriented self-starter with strong interpersonal skills.
Responsibilities:
- You will deliver P&L reporting to traders and business management on daily, weekly and monthly basis.
- You will produce and review month-end close processes for the Fixed Income business.
- You will collaborate with Sales & Trading, Risk Management, Technology, Operations and other Controllers on a day-to-day basis to ensure accurate P&L reporting and analysis.
- You will attribute P&L as transactional, carry, or other market-based portfolio effects.
- You will complete monthly Net Revenue reconciliation identifying and resolving differences between our General Ledger and the P&L reporting systems.
- You will create commentary and required substantiation documentation.
- You will complete analysis and reporting as needed for the Business Unit and Finance Management.
Preferred Qualities:
- You have an interest or familiarity with Financial Markets and Products.
- You have previous work experience in Financial Services, Audit or Accounting.
- You have worked against challenging stakeholders and/ or deadlines to deliver positive results.
- You are willing to observe process and disrupt it in order to prioritize the team's efficiency.
- You will be able to maintain a strong sense of organization and time management skills.
- You are a keen multi-tasker and use a high-paced environment to your advantage.
We are focused on bringing together different backgrounds, experience and talents to deliver world class service. If you are a driven self-starter, client-focused, and eager to contribute to a leading Global Financial Services firm, please apply. We welcome all backgrounds and experiences, and no direct industry experience is required.
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.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
