Job Description

Liquidity Investment Funding Controller - Associate


Job Number: 3223138
POSTING DATE: Sep 14, 2022
PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
EDUCATION LEVEL: Bachelor's Degree
JOB: Finance
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate

DESCRIPTION
Company Profile & Background:

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.

Finance Division:

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.

Team Profile:

Liquidity, Investments & Funding Controllers (LIFC) are responsible for controlling and providing business support for the funding arms of the Firm and is part of the Global Corporate Controllers (GCC) Finance organization.

Main teams that operate out of our Mumbai office:

The Treasury Capital Market (TCM) controller's team provides the product controllership to and partners the Firm's treasury team. They are the first line of defense for any treasury owned PL and also ensure appropriate / accurate allocation of the said PL to the Firm's business units. In addition, the team also ensures

The Debt controller's team administers the Firm's technical accounting programs, including Hedge Accounting, and support new business growth. Along with this, the debt controller's team provide the daily product control support to Firm's debt program.

The Cash Controllers team provides global cash reconciliation and reporting support to all of the Firm's Cash and Cash Equivalents. They are responsible for cash reconciliations and regulatory disclosures of the said Cash & Cash Equivalents.

The Intercompany team provides a global support for ensuring Intercompany paydowns and related accounting is done on a timely basis. Their responsibilities include supporting Treasury and Controllers to ensure all Intercompany paths are properly set up, provide accounting guidance, and ensure there are no ageing Intercompany balances.

The FX revaluation / CTA support the global FX and CTA controllers to ensure the FX risk of the firm is appropriately hedged.

:

An opportunity exists in the Debt controller's team to support the team in terms of daily, weekly and month end Profit & Loss production of the Structured Notes PL and the related reporting.

QUALIFICATIONS
Primary Responsibilities:

• Review and analyze the daily, weekly, and monthly profit and loss of the Structured Notes portfolios, including attribution, to ensure key drivers are in line with expectations.
• Specialized knowledge in Hedge accounting and Available for Sale accounting.
• Month-end close reconciliations (inclusive of balance sheet substantiation).
• Assist in the preparation of regular debt related disclosures (borrowings balance sheet, related 10Q/10K disclosures, and quarterly management reporting).
• Partner with Accounting Policy issues with respect to FAS 133 matters.
• Initiate process reengineering, improve efficiency, and work to improve IT systems.
• Ad hoc projects will be assigned and involve advising with Corporate Treasury, Corporate Risk Management, IT, etc. (e.g., new systems functionality testing, improving attribution).

• Previous management experience preferred.
• Capital Markets product controls experience preferred.
• +3 years' experience in relevant fields.
• Demonstrable leadership qualities with a strong work ethic and team player mentality.
• A strong controls background with the ability to design new controls and to challenge the operating effectiveness of existing controls.
• Willingness to take initiative to develop and improve processes.
• Proficiency with Microsoft Office.
• Adept at working in a fast-paced, high-energy level environment.
• Excellent communication skills, both verbal and written.
• Strong analytical skills.