Fixed Income Product Controller

Morgan Stanley; Baltimore (MD); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Medical benefits

Dental & Vision insurance

401(k) plan

Paid time off

Job summary

Morgan Stanley seeks an Associate for Fixed Income Product Control within ISG Finance. You will support controllership, ensure accurate financial reporting, and partner with the Business Unit, Technology, and Operations teams on daily P&L reporting and balance sheet substantiation.

The role emphasizes issue resolution, process improvements, and collaboration across a global finance organization. Strong analytical skills and Excel proficiency are valued.

Qualifications

• Working knowledge of finance, accounting, financial markets, or financial products; interest in Fixed Income markets.
• Previous experience in financial services, audit, accounting, product control, operations, or related control function preferred.
• Strong analytical skills and attention to detail; ability to investigate and explain financial results.

Responsibilities

• Produce, investigate, and report daily P&L and analyze key drivers.
• Collaborate with Business Unit, Technology, Operations, and other Controllers for accurate P&L reporting and timely issue resolution.
• Support monthly net revenue and balance sheet reconciliation and substantiation; identify GL vs P&L differences.
• Escalate, research, and resolve breaks and reporting issues; drive stakeholder questions to resolution.
• Contribute to the execution and improvement of controls, procedures, and reporting processes.

Skills

Finance knowledge

Attention to detail

Cross-functional collaboration

Excel proficiency

Communication skills

Tools

Excel

Data analytics tools

Job description

Overview

We’re seeking an Associate to join our Fixed Income Product Control team within ISG Finance. The role will support key controllership processes, help ensure the accuracy and integrity of financial reporting, and partner closely with the Business Unit, Technology, Operations, and other Finance stakeholders. The Associate will contribute to daily P&L reporting and analysis, balance sheet substantiation, control execution, issue escalation, and process improvement across the Fixed Income franchise.

In the Finance division, we partner with business units across the globe by providing management reporting, analysis, review, and advisory support related to the Firm’s financial and capital resources. This is an Associate-level role within the Product Controllers job family, which specializes in ensuring the adequacy of controls, profit and loss reporting, balance sheet reporting, and reconciliations for a segment, business, or product area.

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.

Responsibilities

• Produce, investigate, and report daily Profit and Loss (P&L), including analysis of key drivers and movements.
• Partner with the Business Unit, Technology, Operations, and other Controllers to deliver accurate P&L reporting and timely issue resolution.
  • Review and allocate P&L attribution into appropriate market-based effects, including Greeks, and non-market-based effects.
  • Support monthly net revenue and balance sheet reconciliation and substantiation, including identifying differences between the General Ledger and P&L reporting systems.
• Escalate, research, and help resolve outstanding breaks, reporting issues, and stakeholder questions in a timely manner.
• Contribute to the execution and improvement of controls, procedures, and reporting processes.
• Support Finance and business initiatives, ad hoc analysis, and projects that strengthen the overall control environment.

Qualifications

• Working knowledge of Finance, Accounting, financial markets, or financial products, with an interest in Fixed Income markets.
• Previous experience in financial services, audit, accounting, product control, operations, or a related control function preferred.
• Strong analytical skills, attention to detail, and the ability to investigate and explain financial results.
• Ability to manage multiple deliverables, prioritize effectively, and meet deadlines in a fast-paced environment.
• Strong communication and collaboration skills, including the ability to work with cross-functional stakeholders.
• A control-minded approach, with the judgment to elevate issues appropriately and challenge processes constructively.
• Proficiency in Microsoft Office, particularly Excel; experience with data, reporting, or automation tools is a plus.

Benefits

We have a track record of innovation and passion for unlocking new opportunities; we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These beliefs guide our everyday decisions, ensuring we do what’s best for our clients, communities and more than 80,000 employees around the world. The opportunity to work alongside the best and the brightest in an environment where you are empowered to attain your full potential. We are proud to support our employees and their families at every point along their work‑life journey.

• Salary range for the position: $60,000 - $90,000 per year. The successful candidate may be eligible for an annual discretionary incentive compensation award and may participate in the relevant business unit’s incentive compensation plan, which may include a discretionary bonus component.
• 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, plus other special perks reserved for employees.
• Equal Opportunity Employer committed to building a diverse workforce, with recruiting efforts that promote inclusion and assess candidates on skills and talents.
• Our workforce reflects a broad cross-section of global communities, bringing diverse backgrounds, talents, perspectives, and experiences.
• For more information, visit https://www.morganstanley.com/people-opportunities/eeo.

To learn more about our offices across the globe, visit https://www.morganstanley.com/about-us/global-offices.