Global Funding Controller - Long Term Debt

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 22 Oct 18

Global Funding Controller - Long Term Debt

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 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 organizations 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.

Job Summary:
As a member of the Treasury Capital Markets Controllers (TCM) Team, this individual will be managing / leading a staff of six within the debt controller team to administer the accounting of the Firms Long-term debt portfolio, including the Hedge Accounting Program and Structured Notes Business. The candidate will have regular and direct interactions with Corporate Treasury, Financial Control Group, Accounting Policy, Technology, Operations, Market Risk, and other groups within the Firm.

- Manage, review and analyze the daily, weekly and monthly profit and loss of the TCM Debt Portfolios, including attribution, to ensure key drivers are in line with expectations.
- Oversee and review month-end close reconciliations and processes, escalating and resolving issues with senior management (inclusive of balance sheet substantiation).
- Assist in the preparation of regular debt related disclosures (borrowings balance sheet, related 10Q/10K disclosures, and quarterly management reporting).
- Partner with Accounting Policy issues with respect to FAS 133 matters.
- Review monthly, yearly Plain Vanilla Notes Deferred Tax Analysis.
- Initiate process reengineering, improve efficiency, and work to improve IT systems.
- Ad hoc projects will be assigned and involve advising with Corporate Treasury, Corporate Risk Management, IT, etc. (e.g., new systems functionality testing, improving attribution).
- Manage a deployed team.


Skills required:
- Previous management experience preferred.
- Capital Markets product controls experience preferred.
- ASC815 Hedge Accounting experience preferred.
- 7 to 10 years experience in relevant fields.
- Demonstrable leadership qualities with a strong work ethic and team player mentality.
- A strong controls background with the ability to design new controls and to challenge the operating effectiveness of existing controls.
- Willingness to take initiative to develop and improve processes.
- Proficiency with Microsoft Office.
- Adept at working in a fast-paced, high-energy level environment.
- Excellent communication skills, both verbal and written.
- Strong analytical skills.