WM Finance Controller
- Baltimore, MD
- $75,000-120,000 per year
- Permanent
- Full-time
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.Finance is responsible for overseeing the accounting and financial and regulatory reporting for the Firm. They prepare external financial reports for public filings and regulators. For internal reporting Finance, along with Financial Planning and Analysis (FPA), summarizes, plans and forecasts the organization's financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. Finance is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, and Valuation Review.Position Description
Given the business growth and more complex environment, there has been heightened focus and demand for timely and insightful analysis and planning for Wealth Management Finance ('WMF') controllers. A new centralized team was structured to help meet the demands, engage with broad stakeholders and enhance our infrastructure and processes more efficiently.We are looking for an experienced candidate to join the product controller team. The optimal candidate will be a highly motivated self-starter with 5-10 years of professional experience, including prior experience in product control, financial reporting, auditing or a similar role that has given them exposure to financial products and markets. The role requires flexibility with the ability to multi-task and quickly pivot as priorities change. The candidate will provide support to the WMF controller team by supporting various daily, weekly, and monthly deliverables. The candidate will assist in enhancing current processes and reporting along with supporting ongoing or new finance initiatives. Primary Responsibilities
> You will oversee daily, monthly, and quarterly P&L and balance sheet reporting to build knowledge and expertise across various non-bank wealth management products.
> You will lead various month-end general ledger close processes including creating journal entries, reconciliations and analysis.
> You will support quarter-end, mid-year, and annual financial reporting deliverables.
> You will partner with the businesses and CFO teams to understand the impacts of various business activities.
> You will support the development of internal management reporting for WM products.
> You will support the overall execution and drive continued improvement of control frameworks.
> You will serve as product owner for reporting enhancement initiatives and aid developing business requirements with Technology.
> You will drive and own ad-hoc projects & analysis as required.Qualifications:
> You have a BS/BA degree with Finance and/or Accounting experience required.
> You have 5-10 years post-college experience in financial services industry.
> You have a demonstrated ability to support multiple projects, manage expectations and complete deliverables in a timely manner with exceptional attention to detail.
> You have strong interpersonal collaboration and team skills including working with cross-functional teams - proven flexibility, adaptability and reliability.
> You are a self-starter with exposure to project management skills and sound business judgment.
> You have a strong working knowledge of MS Office with an emphasis on Excel, Word, and PowerPoint.
> You have strong presentation skills.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.We're committed to bringing passion and customer focus to the business.Salary range for the position: $75,000 - $120,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and X Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.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).