What are the responsibilities and job description for the ISG Product Controller, Director 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. 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 ~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.
Job Location
Roles will primarily be based in Morgan Stanley's New York City Offices.
Institutional Securities Group (ISG) Finance:
ISG Finance provides Financial Guardianship, Controllership, and Business Advisory services to the Firm's Sales & Trading and Investment Banking businesses. Sales & Trading delivers sales, trading, and market-making services to global institutions, hedge funds, and investors in almost every type of financial instrument. Investment Banking is a worldwide leader in mergers & acquisitions (M&A), underwriting of equity transactions, corporate debt issuance, and high-yield debt financing. ISG Finance's partnership with the Firm's Sales & Trading and Investment Banking businesses allows for fidelity of the Books & Records, an efficient control environment, and strong Regulatory relationships.
We Offer
- Work in the Finance department of one of the world's top tier Financial Institutions and gain first-hand insight of our business
- A desirable compensation and benefits package including eligibility for an annual bonus
- Professional development opportunities including access to Morgan Stanley's world-class internal trainings
- Enriching challenges that provide opportunity for constant learning and advancement
- A supportive and vibrant diverse environment, we are inclusive of individual backgrounds and leverage them to foster our work environment and culture
You Will
- Work in close contact with the Business Units including Traders with exposures to various products across Equities and Fixed Income, and exposure to a dynamic pace of the financial market
- Provide business advisory and financial control transparency to the by providing meaningful insights into the Business's financial results including Profit & Loss; Balance Sheet; and the overall Financial Reporting including Budgeting & Forecasting for the ISG Business
- Support the Business Units in the execution of their business strategy and evaluate new product reviews, including review of desk's use of legal entity for the business
Expected base pay rates for the role will be between 100,000 and 135,000 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
Skills required
- 3 to 7 years' relevant work experience for non-officer i.e. manager
- Background in Accounting or Financial Services or Finance Function is preferred
- Strong analytical, critical thinking, communication, and interpersonal skill
- Quick learner & result oriented, with ability to learn new skills and technology
- Proficiency in MS Office, particularly, PowerPoint and Excel
