Baltimore IED PB Product Controller Director

4 weeks ago


Baltimore, United States CFA Institute Full time

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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 we are inclusive of individual backgrounds leveraging them to foster our work environment and culture.

Overview Our Institutional Equities Division Product Control team within Finance team is currently seeking to engage with Baltimore's leading talent to fill a position supporting the Prime Brokerage team. The position requires a highly motivated individual with strong analytical, technology, people and communication skills. The successful candidate will be involved in all aspects of the revenue reporting processes. This includes calculation and explanation of daily trading Profit & Loss (P&L), communication of P&L and associated attribution to trading desks and reconciliation of P&L with the Firm's sub ledger on a daily basis. Reach out to our team if you have interest in or familiarity with Core and Fx Prime Brokerage, Client Clearing and/or Delta-One Structured Products (DSP) including DSP Finance, DSP Flow, DSP Structures, DSP Corporate.

Responsibilities: - You will deliver P&L reporting to traders and business management on a daily, weekly and monthly basis. - You will review and report monthly Books to Reported differences and monthly restatements - 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. - You will assist with evaluation and implementation of ongoing process improvements and automation 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. Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.

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