Internal Controls Associate

Internal Controls, Associate

Glasgow

The role will reside within the Finance Division, under the Finance Risk and Assurance function that supports a number of Morgan Stanley's key validation programs including SOX Compliance, Large Financial Institutions (LFI) Key Control Validation and the Morgan Stanley 17a-5 Broker Dealer Compliance program as well as the overall Finance Risk agenda. These programs require management to document, assess and make representations about the effectiveness of the Firm's internal control framework. Participation in this requires understanding of internal control activities, interpretation of the regulations and coordination of activities across the division.

The broader Finance Risk agenda includes, but is not limited to, governance of the Global End User Computing procedures, Risk & Control Self-Assessment (RCSA) governance and reporting, FDIC Improvement Act (FDICIA) testing and other operational risk related topics. This dynamic position offers the candidate an exceptional opportunity to gain exposure and learn various processes across the Finance division.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

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. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

The Finance Division reports to the Chief Financial Officer and consists of some 2500 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 also 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.

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, Tax and Valuation Review. 

QUALIFICATIONS

What we’re looking for:

• Bachelors degree in Finance or Accounting with experience in financial services, banking or Big 4 consulting
• Newly or part qualified accountant
• Knowledge of the internal control framework (specifically COSO) and a solid understanding of the concepts of control design and operational efficiency
• Proven understanding of control testing methodologies and processes
• Ability to assist with documentation of Finance process controls to support compliance audits, including performing walkthroughs and developing process flow charts
• Ability to understand and document banking product concepts
• Excellent analytical, technical and problem solving skills with strong attention to detail
• Strong oral and written communication skills, with the ability to communicate with key stakeholders and Senior Management
• Proficiency with data management, End User Computing Tools (spreadsheets and databases) and other standard computing applications (PowerPoint and Word)
• Intellectual curiosity with a focus on information sharing
• Strong relationship building skills
• Flexibility to constantly learn and adapt in a fast-paced environment
• Time management and organizational skills enabling the achievement of tight deadlines on multiple concurrent tasks

Where will you be working?

Morgan Stanley's Glasgow office employs in excess of 1,300 staff across Operations, Technology, Legal and Compliance, Internal Audit, Fund Services and Finance. Due to our growing business, we have a demand for career minded people to join our teams. Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment. Morgan Stanley pride themselves on maintaining a culture which champions diversity, an inclusive environment for all, recognition and an opportunity to give back to our communities through various local charity partnerships.

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

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