Institutional Securities Group Finance Division - Product Controller

Morgan Stanley; New York (NY); On-site; USD 100,000 - 150,000; Full time

Job summary

Morgan Stanley in New York City is seeking multiple Product Controllers in ISG Finance across several teams to provide financial analysis and performance metrics for senior decision making.

The role covers control, P&L, balance sheet reporting and cross-functional product oversight. Ideal candidates have 4–7 years of relevant experience; sponsorship is not discussed here.

Qualifications

• Advanced understanding of finance, product and client segments.
• Strong analytical skills and ability to distill issues into insights.
• Excellent communication and stakeholder engagement abilities.
• Experience with Power BI or Alteryx is a bonus.

Responsibilities

• Collaborate with Finance and across the Firm on deliverables.
• Lead a significant set of deliverables with advanced domain knowledge.
• Identify emerging risks and contribute to mitigation strategies.
• Attest to data accuracy for financial statements.
• Liaise with policy on questions arising from new trades.
• Build networks with the Business Unit and other divisions.
• Understand balance sheet, liquidity and funding movements.
• Complete ad hoc projects for senior management.

Skills

Finance knowledge

Analytical thinking

Communication

Stakeholder engagement

Time management

Collaboration

Tools

Power BI

Alteryx

Microsoft Office

Job description

We're seeking multiple non officers to join our ISG Finance team as Product Controllers across several teams including Structured Notes, Rates Trading, Valuation Control and Corporate Lending to provide financial analysis and business performance metrics to support senior management decision making.

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 Associate/Director 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.

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.

Location: 1633 Broadway - Midtown

We are hiring across several teams including

• Structured Notes
• Rates Trading
• Valuation Control

This is not a senior leadership role. Ideal candidates will have 4-7 years of experience

To qualify, applicants must be legally authorized to work in the United States and must not require, now or in the future, sponsorship for employment visa status.

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
• 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
• 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

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
• 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
• At least 4 years' relevant experience would generally be expected to find the skills required for this role

Expected base pay rates for the role will be between $100,000 and $150,000 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.