Fixed Income Product Controller

Morgan StanleyBaltimore, MD
Hybrid

About The Position

We're seeking an Associate to join our Fixed Income Product Control team within ISG Finance. The role will support key controllership processes, help ensure the accuracy and integrity of financial reporting, and partner closely with the Business Unit, Technology, Operations, and other Finance stakeholders. The Associate will contribute to daily P&L reporting and analysis, balance sheet substantiation, control execution, issue escalation, and process improvement across the Fixed Income franchise. In the Finance division, we partner with business units across the globe by providing management reporting, analysis, review, and advisory support related to the Firm's financial and capital resources. This is an Associate-level role within the Product Controllers job family, which specializes in ensuring the adequacy of controls, profit and loss reporting, balance sheet reporting, and reconciliations for a segment, business, or product area. 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.

Requirements

  • Working knowledge of Finance, Accounting, financial markets, or financial products, with an interest in Fixed Income markets.
  • Strong analytical skills, attention to detail, and the ability to investigate and explain financial results.
  • Ability to manage multiple deliverables, prioritize effectively, and meet deadlines in a fast-paced environment.
  • Strong communication and collaboration skills, including the ability to work with cross-functional stakeholders.
  • A control-minded approach, with the judgment to escalate issues appropriately and challenge processes constructively.
  • Proficiency in Microsoft Office, particularly Excel; experience with data, reporting, or automation tools is a plus.

Nice To Haves

  • Previous experience in financial services, audit, accounting, product control, operations, or a related control function preferred.

Responsibilities

  • Produce, investigate, and report daily Profit and Loss (P&L), including analysis of key drivers and movements.
  • Partner with the Business Unit, Technology, Operations, and other Controllers to deliver accurate P&L reporting and timely issue resolution.
  • Review and allocate P&L attribution into appropriate market-based effects, including Greeks, and non-market-based effects.
  • Support monthly net revenue and balance sheet reconciliation and substantiation, including identifying differences between the General Ledger and P&L reporting systems.
  • Escalate, research, and help resolve outstanding breaks, reporting issues, and stakeholder questions in a timely manner.
  • Contribute to the execution and improvement of controls, procedures, and reporting processes.
  • Support Finance and business initiatives, ad hoc analysis, and projects that strengthen the overall control environment.

Benefits

  • 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 20 Vacation Days annually)
  • 10 Paid Holidays
  • 401(k)
  • Short/Long Term Disability
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