U.S. Banks - Head of Financial Planning & Analysis

Morgan Stanley•New York, NY

4d•Hybrid

About The Position

The Morgan Stanley Bank N.A. (MSBNA) and Morgan Stanley Private Bank N.A. (MSPBNA) are nationally chartered banks (collectively named U.S. Banks) and are material operating subsidiaries of Morgan Stanley, regulated by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). Within US Banks, the Financial Planning & Analysis (FP&A) function reports to the Bank CFO and is responsible for producing the Annual Strategic Plan and periodical forecasts, leading Balance Sheet and Income Statement efforts for the Banks Annual and Quarterly Stress Test submissions to the OCC, and providing US Banks Management with key financial and strategic analysis to support the Banks global businesses. The role provides a unique perspective on the whole array of 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.