Fixed Income Rates Product Controller

Morgan-Stanley; Baltimore (MD); On-site; USD 58,000 - 62,000; Full time

Benefits offered by this job

Medical insurance

Prescription drug coverage

Dental insurance

Vision insurance

Health Savings Account

Dependent Day Care Savings Account

Life Insurance

Disability insurance

Paid Time Off

Sick Leave

Parental Leave

Vacation days

401(k)

Short/Long Term Disability

Job summary

Morgan Stanley's Fixed Income Product Control team seeks an Analyst to support controllership, P&L reporting, and balance sheet substantiation. The role partners with Business Unit, Technology, Operations and other Finance stakeholders to ensure accurate financial reporting and robust controls.

This position offers exposure to global markets and a fast-paced environment with opportunities to influence processes and risk management.

Qualifications

• Working knowledge of Finance, Accounting, financial markets.
• Experience in financial services, audit, or product control preferred.
• Strong analytical skills and attention to detail.
• Ability to manage multiple deliverables and meet deadlines.
• Strong communication and cross-functional collaboration.

Responsibilities

• Produce, investigate, and report daily P&L with key drivers.
• Partner with BU, Technology, Operations and Controllers for P&L reporting.
• Review P&L attribution including Greeks and non-market effects.
• Support monthly net revenue and balance sheet substantiation.
• Escalate, research, and resolve outstanding breaks and issues.
• Contribute to controls, procedures and reporting processes.
• Support ad hoc analyses and finance initiatives.

Skills

Finance knowledge

Accounting

Fixed Income

P&L reporting

Excel

Tools

Excel

Job description

We're seeking an Analyst 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 Analyst-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.What you'll do in the role:> 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.What you'll bring to the role:> 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 escalate issues appropriately and challenge processes constructively.> Proficiency in Microsoft Office, particularly Excel; experience with data, reporting, or automation tools is a plus.What you can expect from Morgan Stanley: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 aren’t just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you’ll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. 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. 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.Salary range for the position: $58,000-$62,000/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 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 .