Fixed Income Product Control (XVA), AVP/Director

Morgan Stanley; New York (NY); On-site; USD 100,000 - 155,000; Full time

Job summary

Morgan Stanley is seeking a Product Controller for the Fixed Income ISG Finance team to provide financial analysis and performance metrics to support senior management decisions. The role covers XVA-related deliverables and balance sheet reporting within a Director-level product control function.

Ideal candidates will have 4–8 years of experience in finance with strong analytical, leadership and communication skills, plus proficiency in MS Office and BI tools.

Qualifications

• Advanced understanding of Finance functional area, product and/or client segment.
• Ability to articulate risk and impact to various audiences and create mitigation plans.
• Strong analytical skills and the ability to distil complex issues into clear insights.
• Excellent communication and stakeholder engagement abilities.
• Proven leadership and mentoring capabilities.

Responsibilities

• Collaborate with Finance and cross-functional colleagues to deliver performance insights.
• Lead a significant set of monthly/quarterly deliverables and ensure data accuracy.
• Identify risks in processes and help develop mitigation strategies.
• Act as a role model for firm values and accountability.
• Attest to data accuracy for financial statements and address accounting questions.
• Build networks with Business Units and other divisions, and support end-to-end product oversight.

Skills

Analytical skills

Communication

Leadership

Initiative

Collaboration

MS Office

Power BI

Alteryx

Time management

Education

Relevant degree or professional qualification

Tools

Power BI

Alteryx

Microsoft Office

Job description

We're seeking someone to join our Fixed Income product control team as a Product Controller in ISG Finance to provide financial analysis and business performance metrics to support senior management decision making.

The role is responsible for supporting the XVA business including the ownership of key monthly and quarterly deliverables.

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 Controller 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.

• This is not a senior level role. Ideal candidates will have 4-8 years of experience**

What You'll Do In The Role

• Collaborate with a varied group of colleagues in Finance and across the Firm
• Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment
• Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them
• Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards
• Attest to data with respect to the accuracy and completeness of the financial statements which will ultimately role up into the externally reported financial statements
• Liaise with accounting policy to address any accounting questions that arise from new trade bookings
• Build and maintain networks with the Business Unit and other divisions
• Understand balance sheet, liquidity & funding movements related to the business activities
• Complete adhoc projects and queries as required by senior Finance and Business Unit management
• Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function

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
• Strong analytical skills and the ability to distil complex issues into clear insights
• Excellent communication and stakeholder engagement abilities
• Proven leadership and mentoring capabilities
• Initiative, independence, and strong time management
• Advanced proficiency in Microsoft Office, experience with tools like Power BI or Alteryx is a bonus
• A collaborative mindset and a passion for continuous improvement
• Holds a relevant degree or relevant professional qualification
• At least 6 years' relevant experience would generally be expected to find the skills required for this role

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.

Expected base pay rates for the role will be between $100,000 and $155,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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.