Institutional Securities Group (ISG) FP&A Associate - CCAR & Stress Testing

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

Benefits offered by this job

Medical Insurance

401(k)

Paid Time Off including Sick Leave and Vacation Days

Dependent Day Care Savings Account

Life Insurance

Disability Insurance

Special employee perks

Job summary

Morgan Stanley in Baltimore, Maryland is seeking an Associate within the Financial Planning & Analysis team to oversee crucial analytical functions. The candidate will help coordinate financial reporting, oversee the firm's budget, and develop strategic analytics critical for decision-making. With a Bachelor degree in Finance, Economics, or Accounting and a knack for analytical skills, you'll thrive in a dynamic environment alongside top professionals.

The role offers a competitive salary range of $60,000-$90,000/Yr along with comprehensive benefits including medical, dental, and retirement plans. Join us to contribute to a leading Global Financial Services firm and empower your career.

Qualifications

• Must have a Bachelor degree in Finance, Economics, Accounting, or related field.
• Strong analytical and technical skills are required.
• Self-motivated with high personal standards is essential.
• Ability to adapt to new challenges in a dynamic environment is necessary.
• Excellent interpersonal and communication skills, both written and oral, required.
• Outstanding attention to detail and organizational skills must be demonstrated.
• Proficiency in MS Office, including Excel, PowerPoint, and Word needed.

Responsibilities

• Consolidate and review the ISG Balance Sheet and Net Revenue submission for Annual CCAR.
• Assist in coordination and preparation of submission templates with Global ISG controllers.
• Provide input, review, and reconciliation for ISG forecast submission.
• Maintain CCAR consolidation models and presentations.
• Document and maintain supporting evidence for CCAR/QST compliance.
• Address inquiries from RRQA on data validation, internal audit, and external audits.
• Provide guidance for the CCAR automation effort.
• Develop value-added analytics for strategic management decision making.

Skills

Analytical skills

Technical skills

Interpersonal skills

Communication skills

Attention to detail

Organizational skills

Proficiency in MS Office

Education

Bachelor degree in Finance, Economics, Accounting, or related field

Tools

MS Excel

MS PowerPoint

MS Word

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. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow.

Department Profile

Financial Control Group (FCG)

The Financial Control Group (FCG) is responsible for overseeing the accounting and financial and regulatory reporting for the Firm. FCG prepares external financial reports for public filings and regulators. For internal reporting FCG, along with Financial Planning and Analysis (FPA), summarizes, plans and forecasts the organization's financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. FCG is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, and Valuation Review.

Team Profile

The ISG Global Financial Planning and Analysis team performs key analytical functions in collaboration with senior business leaders. Core functions for the team include leading and coordinating the segment’s capital adequacy process as well as developing value-added analytics to provide senior management with strategic insight into the business. The team covers all products across Institutional Securities - Equities, Fixed Income, and Investment Banking.

This is an Associate level position within the Financial Planning & Analysis job family which is responsible for the firm’s budget, forecast, internal management reporting and financial analysis to provide insight into the firm’s current and expected financial performance. Additional responsibilities include expense allocation. FP&A is a contributor to the Firm’s CCAR process.

The primary responsibilities of the group include:

Primary Responsibilities

• You will be responsible for consolidating and reviewing the ISG Balance Sheet and Net Revenue submission for the Annual CCAR and Quarterly Stress Test.

• You will assist in the coordination and preparation of submission templates with Global ISG controllers and business COOs.

• You will provide input, review, and reconciliation for ISG forecast submission for the FR Y-14A.

• You will maintain CCAR consolidation models and presentations.

• You will document and maintain supporting evidence for CCAR/QST compliance and control purposes.

• You will address inquiries from RRQA on data validation, internal audit, and external auditors.

• You will provide guidance and input for the CCAR automation effort.

• You will be involved with ad hoc deliverables and management reporting.

• You will help develop value-added analytics for strategic management decision making.

Qualifications

Skills Required

• You have a Bachelor degree in Finance, Economics, Accounting, or related field

• You have strong analytical and technical skills

• You are self-motivated with high personal standards for quality of work

• You have the ability to adapt to new challenges in a dynamic environment with shifting priorities

• You are comfortable working in a fast-paced, high energy environment

• You have excellent interpersonal and communications skills, both written and oral

• You have outstanding attention to detail and excellent organizational skills

• You are proficiency in MS Office (Excel, PowerPoint, and Word)

Skills Preferred

• You have prior experience or exposure in a FP&A/CCAR function for a Financial Institution

We are focused on bringing together different backgrounds, experience and talents to deliver world class service. If you are a driven self-starter, client-focused, and eager to contribute to a leading Global Financial Services firm, please apply. We welcome all backgrounds and experiences, and no direct industry experience is required.

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: $60,000-$90,000/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.