Role Summary
Morgan Stanley is seeking a Vice President to join the Treasury Control Production team within the Finance Division. This role is responsible for Basel 3 End Game initiatives.
This is a Vice President level position within the Corporate Controllers, Reporting & Accounting job family which is responsible for the accuracy and control of the Firm’s books and records to produce the consolidated firm, segment and legal entities financial statements. The group owns the Firm’s financial reporting under US GAAP, International GAAP and the global regulatory regimes. Responsibilities include the development, management and oversight of financial accounting & reporting systems as well as database management. Includes capital and liquidity reporting and external reporting functions.
Key Responsibilities
> Regulatory Change Management: Stay up to date on changes to global regulatory standards such as Basel III End game and ensure that calculation / reporting processes and workflows are set up; and working with Project and Technology teams to prioritize and implement new calculations.
> Data Automation & Integration: Work with technology / Operation / BU teams to automate data gathering, calculation and reporting processes using advanced data analytics, reducing manual workloads, and minimizing errors.
> Regulatory Reporting & Compliance: Managing end to end production, governance, and controls of Credit Risk Standardized RWA and Supplementary Leverage Ratio under Basel III End Game for SFT, general counterparty credit Risk and / or Banking / Trading Book redesignation.
> Control & Documentation: Maintain and enhance the Basel III End Game Runbook and governance; Maintain comprehensive documentation of data source / attributes, calculation, reporting processes, systems, and methodologies to support audits and regulatory reviews under Basel III End Game; Support Basel III End Game regulatory control initiatives, including RCIF working group activities and testing of policies and procedures.
> CCAR / QST: refine / modify forecasting model under Basel III End Game; Perform analysis required for forecasting model related to back-testing, sensitivity analysis etc. required by Model Risk Management process.
> Collaboration: Act as a liaison between finance, technology, and compliance teams to align calculation / reporting practices with company objectives and industry standards. Develop a strong working relationship with Finance, Front Office, Treasury, Technology, Audit, Legal, and other counterparts across the organization.
Qualifications
> Qualified Regulatory Controller with 10+ years of extensive calculation, reporting and RWA experience within financial industry
> Comprehensive understanding of US regulatory capital rules for counterparty credit risk / Supplementary Leverage Ratio (SLR) for Basel III/ Basel III End Game with demonstrated ability to assess the application of those rules vs. regulatory expectations.
> Strong understanding of regulatory capital best practices and controls, and interdependencies between Trading Book and Banking Book exposures across different risk stripes
> Strong verbal and written communication skills to explain complex regulatory concepts to non-experts and senior stakeholders; Exceptional attention to detail and a strong commitment to accuracy in calculation, compliance and reporting processes. Strong analytical and organizational skills with attention to detail.
> Advanced proficiency in Excel and PowerPoint; Familiarity with automation tools (e.g., Alteryx) for data processing or reporting is highly desirable.
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.
Expected base pay rates for the role will be between $120,000 and $205,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is
only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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 .
