Finance Risk Controller, Manager

London, England, United Kingdom
14 Dec 2018
19 Dec 2018
Contract type
Full time

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

Role Overview

Morgan Stanley is looking to hire an Operational Risk Controller into the Finance Division's Risk and Information Security and Control team (FinRISC). The FinRISC group is represented in our New York, London, Glasgow, Tokyo and Hong Kong offices performing an oversight, governance and execution role for the Finance division in support of the Firm's operational risk programs and objectives. The group interacts across all areas of Finance, Firm Operational Risk Department, the Front Office, Internal Audit as well as Firm Business Continuity Management (BCM) and the Firm New Product Approval (NPA) department, providing accurate risk reporting across Finance whilst furthering the risk management culture and infrastructure.

Primary Responsibilities

• Regulatory Compliance - SMCR, Conduct Risk, Remote Booking, Annual Senior Accounting Officer attestation for HMRC, Periodic Rule Framework Assessment
o Assist in the Global RCSA - Risk and Control Self-Assessment
o Liaising with Risk Leads on all RCSA reporting requirements and risk profiles
o Work closely with ORD to ensure the Finance RCSA is accurate and on time
o Produce reports for Senior management on the Global Finance RCSA
o Help with the newly expanded Legal Entity RCSA reporting requirements for ORD
o Help develop the common language of risk themes and functions across the finance division
o Sharing best practices with counterparts in Americas and Asia regions
o Help produce the Quarterly EMEA Finance Conduct Risk Deck
o Use the FinMet application to produce training KRI/metrics for reporting to Senior Finance Management
o Help produce the Quarterly MSIP/MSBIL Remote Booking deck
o Prepare Agenda and take minutes for the RB calls with Americas and Asia Pacific
o Assisting and supporting team members and global colleagues in development of enhanced reporting and improved risk mitigation initiatives relating to FinRISC responsibilities as outlined above
o Ad hoc duties as required
• Risk Reporting - RCSA, Open Pages and Internal Audit. Working as 2nd Line defence on Finance Risks and working closely with EMEA Operational Risk Dept.


Skills Required

• Strong appreciation of operational risk concepts, with experience in an internal audit or operational risk type role.
• Excellent organizational skills and the ability to work to deadlines
• Committed and self-motivated individual who can demonstrate initiative & problem solving abilities
• Strong client and partner relationship abilities
• Analytical skills with a control focus and high regard for attention to detail
• Critical thinking in order to challenge processes, solve for ad hoc queries and creativity to suggest alternative approaches.
• Excellent written and verbal communication skills, and ability to deal with colleagues/clients of all levels
• Strong MS office skills, especially PowerPoint
• Financial product knowledge beneficial but not 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.

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