Fixed Income Rates Product Controller

Morgan Stanley • Baltimore, MD

6d

About The Position

Morgan Stanley is seeking an Analyst to join its Fixed Income Product Control team within ISG Finance. The role supports key controllership processes, helps ensure the accuracy and integrity of financial reporting, and partners closely with the Business Unit, Technology, Operations, and other Finance stakeholders. This Analyst-level position is part of the Product Controllers job family, which focuses on controls, profit and loss reporting, balance sheet reporting, and reconciliations for a segment, business, or product area.

The role contributes to daily P&L reporting and analysis, balance sheet substantiation, control execution, issue escalation, and process improvement across the Fixed Income franchise. The Finance division provides management reporting, analysis, review, and advisory support related to the Firm’s financial and capital resources. The position offers a salary range of $58,000–$62,000 per year. The successful candidate may be eligible for annual discretionary incentive compensation and may participate in the relevant business unit’s incentive compensation plan, which may include a discretionary bonus component.

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.

Nice To Haves

• Previous experience in financial services, audit, accounting, product control, operations, or a related control function.
• Experience with data, reporting, or automation tools.

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 insurance
• Prescription drug coverage
• Dental insurance
• Vision insurance
• 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
• 20 vacation days annually
• 10 paid holidays
• 401(k)
• Short- and long-term disability coverage
• Other special employee perks
• Potential annual discretionary incentive compensation award
• Potential participation in the relevant business unit’s incentive compensation plan, which may include a discretionary bonus component

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed