Prime Brokerage Controller - Associate

Morgan Stanley; Greater London; On-site; GBP 65,000 - 95,000; Full time

Job summary

Morgan Stanley in London seeks an Associate in Prime Brokerage Controller to support balance sheet, P&L and regulatory reporting for DSP and IPB businesses. The role engages with global finance teams and focuses on control, accuracy and timely reporting.

The ideal candidate has prime brokerage product control experience, strong numeracy, attention to detail, and the ability to deliver technical improvements while handling multiple deliverables under pressure.

Qualifications

• Prime Brokerage product control experience preferable
• Highly numerate
• Detail oriented and well organised
• Strong communication skills
• Analytical mind-set and strong problem solving skills
• Demonstrated ability to deliver technical improvements
• Strong desire and capacity to learn with a tenacious mentality
• Proven track record to manage multiple deliverables and maintain focus under pressure
• Understanding of Balance Sheet and Funding desirable
• Alteryx and Power BI skills preferred

Responsibilities

• Providing coverage for guardianship of the books and records including daily Profit and Loss sign offs and Regulatory submissions
• Supporting and collaborating with the BU, Client Services, Legal Entity Controllers, Product Controllers, IT, and Operations across daily functions and various initiatives
• Preparation of weekly and monthly reporting for the BU and global senior management
• Enhancement of reconciliations and analysis to create efficiencies and strengthen the control framework

Skills

Prime Brokerage experience

Highly numerate

Detail oriented

Strong communication skills

Analytical mindset

Deliver technical improvements

Learning mindset

Manage multiple deliverables

Balance Sheet & Funding understanding

Alteryx & Power BI

Education

Part Qualified ACA, CIMA or ACCA preferable

Tools

Alteryx

Power BI

Job description

Prime Brokerage Controller - Associate

JR043070

LONDON

The Financial Control Group (FCG) is responsible for overseeing the accounting, financial and regulatory reporting for the Firm. FCG prepares external financial reports for public filings and regulators. For internal reporting FCG, along with Financial Planning and Analysis (FPA), summarizes, plans and forecasts the organization’s financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. FCG is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, and Valuation Review.

The Prime Brokerage (PB) Controller team supports the PB business, which houses Morgan Stanley’s Delta One Structured Products (DSP) and client International Prime Brokerage (IPB) businesses. The Prime Brokerage business offers a collection of services to hedge funds & asset managers. These include trade execution and settlement, financing and stock lending, custody of assets, reporting (including portfolio analytics and risk management) and setting up of their company (infrastructure and technology). These services generate individual revenue streams from margin interest, stock lending, rehypothecation and transaction fees. The DSP team is responsible for the monitoring, reconciliation and control of Revenues and Balance Sheet. The role has a global reach, dealing with the EMEA business along with the businesses in North America, Hong Kong and Japan. This is an exciting and innovative space with new technology and STP systems in Finance. The team is therefore able to focus time on value added services to meet internal client needs and develop and design reporting analytics with global counterparts.

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.

Primary Responsibilities

• Providing coverage for guardianship of the books and records including daily Profit and Loss sign offs and Regulatory submissions;
• Supporting and collaborating with the Business Unit (BU), Client Services, Legal Entity Controllers, Product Controllers, IT, and Operations across daily functions and various initiatives;
• Preparation of weekly and monthly reporting for the BU and global senior management;
• Enhancement of reconciliations and analysis to create efficiencies and strengthen the control framework

Skills required

• Product Control experience preferably in the Prime Brokerage business
• Highly numerate
• Detail oriented and well organised
• Strong communication skills
• Analytical mind-set and strong problem solving skills
• Demonstrated ability to deliver technical improvements
• Strong desire and capacity to learn with a tenacious mentality
• Proven track record to manage multiple deliverables and maintain focus under pressure
• Understanding of Balance Sheet and Funding desirable
• Part Qualified ACA, CIMA or ACCA preferable
• Alteryx and Power BI skills preferred

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.

Certified Persons Regulatory Requirements

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.