Wealth Management Finance Product Controller

Morgan Stanley • Baltimore, MD

1d • $70,000 - $120,000

About The Position

We're seeking someone to join our Wealth Management Controllership team as a Director in Finance to support the WM Finance controller team. The candidate will assist in enhancing current processes and reporting along with supporting ongoing or new finance initiatives. This role primarily supports client revenue reporting and analysis for the Equity Client Coverage (ECC), Middle Markets Group (MMG), and Fixed Income Middle Markets (FIMM). The clients sit on both the Institutional platform and the Wealth Management core retail platform. The scope includes all business lines for clients globally. 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 a Director level position within the 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. What you'll do in the role: - 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 - Maintain client and revenue splits in support of IED/WM JV - Perform sales revenue reporting & analysis - Manage Hard Dollar payment reconciliation and collections - Reconcile Books to Reported Revenues, including trading error reporting - Participate in various month-end general ledger close processes including creating journal entries - Support quarter-end, mid-year, and annual financial reporting deliverables - Partner with the ICP business on any strategic changes to sales attribution, including adhoc projects and analysis - Engage in cross-functional communication with ISG Controllers and Operations on wide array of reporting and accounting queries - Support the overall execution and drive continued improvement of control frameworks - Serve as a product owner for reporting enhancement initiatives and aid developing business requirements with Technology What you'll bring to the role: - 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 - You have a BS/BA degree with Finance and/or Accounting experience required - You have 5+ years post-college experience in the financial services industry - You have a demonstrated ability to support multiple projects, manage expectations and complete deliverables in a timely manner with exceptional attention to detail - You have strong interpersonal collaboration and team skills including working with cross-functional teams - proven flexibility, adaptability and reliability - You are a self-starter with exposure to project management skills and sound business judgment - You have a strong working knowledge of MS Office with an emphasis on Excel and PowerPoint - You have strong analytical and communication skills - Having experience in Sales Reporting and General Accounting is a plus WHAT YOU CAN EXPECT FROM MORGAN STANLEY: We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

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
• You have a BS/BA degree with Finance and/or Accounting experience required
• You have 5+ years post-college experience in the financial services industry
• You have a demonstrated ability to support multiple projects, manage expectations and complete deliverables in a timely manner with exceptional attention to detail
• You have strong interpersonal collaboration and team skills including working with cross-functional teams - proven flexibility, adaptability and reliability
• You are a self-starter with exposure to project management skills and sound business judgment
• You have a strong working knowledge of MS Office with an emphasis on Excel and PowerPoint
• You have strong analytical and communication skills

Nice To Haves

• Having experience in Sales Reporting and General Accounting is a plus

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
• Maintain client and revenue splits in support of IED/WM JV
• Perform sales revenue reporting & analysis
• Manage Hard Dollar payment reconciliation and collections
• Reconcile Books to Reported Revenues, including trading error reporting
• Participate in various month-end general ledger close processes including creating journal entries
• Support quarter-end, mid-year, and annual financial reporting deliverables
• Partner with the ICP business on any strategic changes to sales attribution, including adhoc projects and analysis
• Engage in cross-functional communication with ISG Controllers and Operations on wide array of reporting and accounting queries
• Support the overall execution and drive continued improvement of control frameworks
• Serve as a product owner for reporting enhancement initiatives and aid developing business requirements with Technology

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
• in addition to other special perks reserved for our employees

What This Job Offers

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