Morgan Stanley

Associate - Product Control

Mumbai (MSA)-Maharashtra-India
Not disclosed
21 Feb 2024
22 Feb 2024
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

Job Description

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 a 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. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.

The Financial Control Group (FCG) is responsible for overseeing the accounting, 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.

We are looking to hire a Associate for our Product controller team supporting the Equity Derivatives business.

Responsibilities include:

As a controller you will be a member of the P&L team supporting the Businesses. The P&L team is responsible for the daily validation, substantiation, and reporting of P&L, weekly and monthly reporting, and providing analysis to support the Business and senior Finance management. This is a high-profile role, which requires the individual to work closely with colleagues across the global organization in Finance, Operations, and the Business Unit.

More specifically the successful candidate will:

  • Will be part of the Equities Derivatives team who performs daily validation and substantiation of P&L and attributed P&L (Greek attributions) between Risk and reporting system.
  • Prepare daily P&L reports for distribution to the business unit and finance managers for review.
  • Understand the businesses supported including the strategy, products, and inherent risks.
  • Understand the risk & reporting systems and contribute to enhancing the control environment.
  • Escalate issues in a timely manner to management.
  • Contribute to Finance-related projects, process enhancements, UAT testing, etc.
  • Other P&L-related tasks and requests as required.

“Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.”


Skills required

  • Strong academic background including a Graduation in Commerce, specialization in Financial Accounting.
  • Prior Business Unit/ Product control experience with knowledge of financial products is preferable.
  • Strong analytical skills
  • Attention to detail and ability to work to deadlines.

Skills desired

  • Chartered Accountant or equivalent specialization in Finance stream.
  • Sound understanding and knowledge of Accounting and Capital Markets.
  • Understanding of Financial product knowledge, Greek attribution, and Corporate Actions would be an advantage.

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

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