Europe Finance Prime Brokerage Controller

Location
London, UK
Salary
Not disclosed
Posted
11 Aug 2022
Closes
11 Sep 2022
Ref
3220691
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant
Job Description
About us:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow.

We offer:

  • Work in the Finance department of one of the world's top tier Financial Institutions and gain first-hand insight of our business
  • A desirable compensation and benefits package including eligibility for an annual bonus
  • Professional development opportunities including access to Morgan Stanley's world-class internal training
  • Enriching challenges that provide opportunity for constant learning and advancement
  • A supportive and vibrant diverse environment, we are inclusive of individual backgrounds and leverage them to foster our work environment and culture

Department Profile:

The Finance Division reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firm's books and records, and by contributing to firm wide risk management and risk reduction. This division maintains relationships with Morgan Stanley's various industry and government regulators and serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.

Team Profile:

The Prime Brokerage (PB) Controller team supports the PB business, which houses Morgan Stanley's Delta One Structured Products (DSP) and client International Prime Brokerage (IPB) businesses. The Prime Brokerage business offers a collection of services to hedge funds & asset managers. These include trade execution and settlement, financing and stock lending, custody of assets, reporting (including portfolio analytics and risk management) and setting up of their company (infrastructure and technology). These services generate individual revenue streams from margin interest, stock lending, rehypothecation and transaction fees. The IPB team is responsible for the monitoring, reconciliation and control of Revenues and Balance Sheet.

The role has a global reach, dealing with the EMEA business along with the businesses in Hong Kong and Japan. The team also works closely with US Prime Brokerage Controllers making up the wider Global Prime Brokerage Controller team. This is an exciting and innovative space with new technology and STP systems in Finance. The team is therefore able to focus time on value added services to meet internal client needs and develop and design reporting analytics with global counterparts.

You will:

  • Provide coverage for guardianship of the books and records including daily Profit and Loss sign offs, monthly P&L and Balance Sheet substantiation review and Supervisory Oversight of the processes run by the offshore team in Mumbai.
  • Support and collaborate with the Business Unit (BU), Client Services, Legal Entity Controllers, Product Controllers, IT, and Operations across daily functions and various business growth initiatives.
  • Prepare or review weekly and monthly reporting for the BU and global senior management.
  • Enhance reconciliations and analysis to create efficiencies and strengthen the control framework.
  • Liaise with Global Accounting Policy to determine the appropriate accounting treatment for new products and business.

Qualifications

You have:

  • Non-linear, strategic, and analytical mindset, problem solving skills, flexibility
  • Strong attention to details, organized and effectively juggle various priorities
  • Aptitude for working in a swiftly changing, dynamic environment
  • Demonstrated record of resourcefulness and independent thinking
  • Good teamwork, collaboration, and excellent communications skills
  • Ability to develop and maintain relationships with business units and other operational groups
  • Willingness to work with virtual teams across varying regions towards the achievement of common goals
  • Proficiency in MS Office, particularly, PowerPoint and Excel
  • Relevant experience in the Financial Services industry, preferably Investment Banking
  • Prior professional experience with Financial Services firms desired

For further information, and to apply, please visit our website via the “Apply” button below.

Similar jobs

Similar jobs