Market Risk Controller, Director

Product Controller In Isg Finance

We're seeking someone to join our Market Risk Control Finance team as a Product Controller in ISG Finance to collaborate with our Trading Desk along with other support areas (Operations, IT, Legal & Credit) to analyze, consult and report on our new and existing businesses. In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is a Director level position within the Corporate Controllers, Reporting & Accounting Job Family which is responsible for the accuracy and control of the Firm's books and records to produce the consolidated firm, segment and legal entities financial statements. The group owns the Firm's financial reporting under US GAAP, International GAAP and the global regulatory regimes. Responsibilities include the development, management and oversight of financial accounting & reporting systems as well as database management. Includes capital and liquidity reporting and external reporting functions. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

What you'll do in the role :

Collaborate with a varied group of colleagues in Finance and across the Firm

Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and / or client segment

Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them

Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards

Support the delivery of time sensitive internal and external reports and queries from senior management, auditors and regulators

Develop understanding of the regulatory requirements of VaR Backtesting, and be able to explain how the Firm evidences compliance

Support the strategic development of Firm systems, partnering with IT teams to explain, prioritise, test and implement new business requirements (in particular, involving change-the-bank 'Fundamental Review of the Trading Book / Basel III endgame' initiatives)

Challenge processes and procedures to enhance controls and streamline efficiencies

Assist with the preparation of governance materials and support the maintenance and development of documentation to the standard that can be shared with regulators

Partner with wider MRC team both locally and globally on cross silo initiatives / projects

Develop and maintain relationships with a range of clients / stakeholders including Product Control, Risk Management and Regulatory Policy teams

Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department / function

What you'll bring to the role :

Advanced understanding of Finance functional area, product and / or client segment and technical skills, as well as of industry and competitive environment

Ability to provide positive and constructive feedback and acknowledge efforts of team members

Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks

Work experience within large financial services firms or other directly relevant experience (commensurate with role being applied for). An awareness in Financial Markets / products and the Basel Regulatory environment.

Close attention to detail and highly numerate. Strong commitment to developing their own skills. Strong verbal and written communication skills.

Excellent Microsoft Office skills (Excel, Teams, PowerPoint, PowerBi) and be proficient in data mining and investigating complex issues to extract key themes and discover root causes.

The flexibility required to work in a dynamic environment under tight deadlines taking accountability and ownership for multiple deliverables.

High level of guardianship - ensuring that exceptions are identified, resolved and escalated on a timely basis.

Track record of proactively driving projects forward and working closely with IT development teams to deliver change

At least 6 years' relevant experience would generally be expected to find the skills required for this role

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 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There's also ample opportunity to move about the business for those who show passion and grit in their work.

Expected base pay rates for the role will be between $95,000 and $140,000 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.

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).