U.S. Banks - Head of Financial Planning & Analysis
About The Position
The Head of Financial Planning & Analysis (FP&A) role within Morgan Stanley Bank N.A. (MSBNA) and Morgan Stanley Private Bank N.A. (MSPBNA), collectively known as U.S. Banks, is a critical function reporting to the Bank CFO. This role is responsible for key financial processes including the Annual Strategic Plan, periodical forecasts, and leading the Balance Sheet and Income Statement efforts for the Banks Annual and Quarterly Stress Test submissions to the OCC. The position also provides essential financial and strategic analysis to support the Banks global businesses, offering a unique perspective on Finance and FP&A activities specific to a legal entity. This position can be based out of the Manhattan or Purchase office locations in NY.
Requirements
- 8-12+ years of corporate finance experience in the Financials sector
- Bank (Lending, Deposits, etc.) and trading product knowledge (incl. Derivatives) and experience
- Outstanding financial modeling and presentation skills
- Strong analytical, problem solving and project management skills
- Strong aptitude for numbers and quick grasp of new reporting applications
- Proven ability to operate as both strategic partner and hands-on leader
- Ability to handle multiple projects, competing priorities and deadlines with high degree of flexibility
- Effective communication, interpersonal and partnership skills
- Bachelor's degree in accounting or finance preferred
Nice To Haves
- Experience with CCAR/DFAST helpful
Responsibilities
- Lead FP&A function for consolidated U.S. Banks, MS Bank NA and MS Private Bank NA
- Drive & coordinate the quarterly and multi-year forecasting and planning process including working on the Strategic Plan on behalf of the U.S. Banks.
- Utilize multiple data sources to create management reporting including balance and revenue analysis, expense analysis, and key risk indicators.
- Support the end-to-end Balance Sheet and PPNR processes for the Annual and Quarterly Stress Test on behalf of the U.S. Banks
- Establish FP&A process and capabilities for DFAST
- Drive production & analysis of monthly financial reporting for U.S. Banks including Product Profitability Reporting and ad-hoc requests.
- Develop key analytics to enhance decision making and assist with preparation of materials for the Banks CFO, Senior Management, Board of Directors, and Regulators.
- Collaborate with constituents across Business Units, Corporate, Segment FP&A, Legal Entity Controllers, Capital Planning, Treasury, Strategy, Risk Management in support of the Bank's deliverables
- Expand & improve the quality of data in the TM1 planning analytics platform. Leverage the functionality to create new tools and streamline existing reporting and controls.
- Preparate materials for the Bank's Board of Directors, other Senior Management and Regulators.
- Work with Audit and engage with Regulators, including exams, findings and remediation.
Benefits
- Comprehensive employee benefits and perks in the industry
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What This Job Offers
Job Type
Full-time
Career Level
Manager
