Wealth Management Finance - Associate (Investment Solutions)

Morgan Stanley • Purchase, NY

2d

About The Position

We're seeking someone to join our Wealth Management CFO Support team as an Associate in Finance. The team is dedicated to providing support to Morgan Stanley's Wealth Management segment (MSWM), specifically for the Capital Markets team within Investment Solutions. Members of the Wealth Management Finance team can expect to be involved in accounting, finance and process transformation. In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm's financial and capital resources. This is an Associate level position within our Product Controllers Job Family which specializes in ensuring adequacy of controls, profit and loss and balance sheet reporting and reconciliations for a segment / business / product area, as well as management reporting across business segments or cross-functional end-to-end product oversight. 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

• Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment
• Ability to provide positive and constructive feedback and acknowledge efforts of team members
• Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks
• Preferred undergraduate degree in accounting with 3-5 years of relevant finance and accounting experience
• Advanced Tableau knowledge, Basic SQL
• Knowledge of Dataiku / Snowflake Databases
• Experience with SAP general ledger software a plus / Oracle Business Objects / TM1
• Experience with financial planning, advanced data analysis, and modelling
• Desired strong communication (verbal and written), organizational, and analytical skills
• Ability to communicate effectively and persuasively with members of the senior management team and others within the Company

Responsibilities

• Collaborate with a varied group of colleagues in Finance and across the Firm
• Responsible for both individual and team deliverables and projects, leveraging knowledge of Finance functional area, tools and/or products
• Adhere to the Firm's risk and regulatory standards, policies and controls
• Act as a culture carrier; embody the Firm's values and hold yourself accountable to Firm standards
• Coordinate with CFO senior management for the financial support of the WM Investment Solutions business.
• Interact with business leads and subject matter experts to provide product KPIs and recurring/ad-hoc analyses
• Provide comprehensive reporting and analysis coverage
• Analyze revenues, expenses, assets, sales and other financial metrics, that includes delivery of comprehensive quarterly due diligence materials to senior management ahead of earnings release.
• Oversee financial statement production and analysis.
• Leverage financial data platforms to develop enhanced analytics which includes production, maintenance, and enhancements of dashboards. Summarize results to give easily understandable explanations for complex problems (both on standard and ad-hoc basis).
• Build and run models for forecasting/budgeting and meet with business partners to review numbers periodically and discuss initiatives
• Run business models for the quarterly and annual stress testing and discuss results with senior management
• Partnership with various groups across the firm as it relates to projects, financial close and controls (Financial Control Group, Operations, Corporate FP&A, Strategy and Data Analytics).

Benefits

• Comprehensive employee benefits and perks in the industry
• Ample opportunity to move about the business for those who show passion and grit in their work.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level