Associate - US Legal Entity Regulatory Control - Digital Tools and Process Improvement Specialist

ACCA Careers; Baltimore (MD); On-site; USD 65,000 - 95,000; Full time

Job summary

An established industry player is seeking a talented Associate/Director to enhance regulatory processes through automation and digital tools. In this role, you will focus on re-engineering processes, improving efficiency, and ensuring compliance with regulatory requirements. You will work with advanced data visualization tools like Alteryx, Tableau, and Power BI to drive insights and optimize reporting. This position offers a dynamic environment where your contributions will significantly impact the firm's operations and compliance efforts. Join a team committed to excellence, innovation, and collaboration, and take your career to the next level.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401(k) Plan

Paid Time Off

Disability Insurance

Life Insurance

Paid Holidays

Parental Leave

Health Savings Account

Qualifications

• 3+ years of experience in financial and regulatory reporting.
• Strong data analysis skills with complex datasets.
• Expertise in using digital tools for process improvements.

Responsibilities

• Re-engineering processes using digital tools for accuracy.
• Conducting data analysis to identify automation opportunities.
• Collaborating with teams to ensure regulatory compliance.

Skills

Alteryx

Tableau

Power BI

Data analysis

Process improvement

Automation tools

Education

Bachelor's degree in accounting

Bachelor's degree in finance

Bachelor's degree in technology

Tools

FOCUS reporting

Job description

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

The Finance Division reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firm's books and records, and by contributing to firmwide risk management and risk reduction. This division maintains relationships with Morgan Stanley's various industry and government regulators and serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.

Global Corporate Controllers (GCC) is responsible for overseeing the accounting, financial and regulatory reporting for the Firm. GCC prepares external financial reports for public filings and regulator. For internal reporting, GCC along with Business Unit Controllers and Financial Planning and Analysis, summarizes, plans and forecasts the organization's financial position, including income statement, balance sheet and analyses of future revenues, expenses and earnings.

Within GCC, the US Legal Entity Regulatory Control team (US LE Reg) is responsible for ensuring compliance with various regulatory requirements, particularly net capital (15c3-1, 18a-1) and customer protection (15c3-3). The group prepares and files monthly Financial and Operational Combined Uniform Single (FOCUS) reports and estimates net capital while calculating customer reserve requirements daily.

The team plays a crucial role in process improvement and renovation, leveraging digital tools and automation to enhance regulatory control functions. Key initiatives include optimizing data sourcing and streamlining reporting and process efficiencies. The Associate/Director will support production while leading transformation efforts to modernize and enhance regulatory processes.

Responsibilities:

The Associate will focus on process renovation, automation, and data-driven improvements. The role involves identifying inefficiencies, assessing, and rebuilding processes using advanced digital tools to enhance accuracy, efficiency, and regulatory compliance.

Key responsibilities include:

• Re-engineering processes using Alteryx, Tableau, Power BI, and other digital tools to enhance reporting and process accuracy.
• Assessing, improving, and redesigning regulatory control processes to enhance efficiency and compliance.
• Conducting in-depth data analysis to identify opportunities for automation and process optimization.
• Automating and improving FOCUS reporting, regulatory filings, and reserve calculations
• Assisting in the testing and implementation of new technologies for process improvement
• Collaborating with Business Unit Controllers, Finance Digital teams, and other stakeholders to ensure regulatory

Skills required:

• Expertise in Alteryx, proficiency in Tableau, Power BI, and other data visualization
• 3+ years of public/private experience with financial and/or regulatory reporting
• Strong data analysis skills, with experience handling large, complex datasets to drive insights and decision-making
• Ability to assess, redesign, and implement process improvements using digital automation tools
• Capable of clearly articulating technical and process changes to various stakeholders
• Able to produce high quality work to stringent deadlines
• Bachelor's degree in accounting or finance or technology
• The position does not require specific knowledge of net capital or customer reserve rules, FOCUS reporting, generally accepted accounting principles (GAAP) or product knowledge, but it would be beneficial.

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.

Salary range for the position:$65,000 - $95,000/Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including 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), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

Morgan Stanley is an equal opportunity employer committed to diversifying its workforce(M/F/Disability/Vet).

For further information, and to apply, please visit our website via the “Apply” button below.