Liquidity Planning Associate
- New York, NY, USA
- Permanent, Full time
- Morgan Stanley USA
- 19 Mar 19
Liquidity Planning Associate
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.
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. The Global Treasurer manages Corporate Treasury, a department consisting of approximately 130 employees globally, and reports directly to the Chief Financial Officer. Within the Finance Division, Corporate Treasury plays a critical role as an advisor to Morgan Stanley's various businesses and its senior management team.
Corporate Treasury manages the Firm's liquidity and capital resources and accesses funding markets to support the Firm's business-as-usual business objectives and stressed liquidity requirements. In addition, Corporate Treasury maintains relationships with the Firms industry and government regulators, coordinates its relationships with rating agencies, lenders and creditors, manages the Firm's structural foreign exchange and interest rate exposures, and serves as a conduit of financial information to the outside investment and regulatory community.
Corporate Treasury's policies and strategy are informed in part by the regulatory landscape in which the Firm currently operates. Corporate Treasury provides essential information to the Firm's business units regarding cost allocation for financial resources; establishes and maintains the Firm's liquidity, unsecured funding and capital policies and procedures; and reports regularly on liquidity, funding and capital issues to various internal risk and control committees, bank regulatory bodies, as well as to the Firm's Board of Directors.
Corporate Treasury is structured into multiple areas of expertise, including funding, liquidity planning, liquidity management, risk management, legal entity management and strategy and operations management. The Corporate Treasury function operates primarily in New York, London, Hong Kong and Japan, with additional presence in Zurich, Frankfurt, Moscow, Budapest and Shanghai.
The Liquidity Planning and Coverage Team (LP&C) within Corporate Treasury is responsible for:
- Recommending the Firm's liquidity policy and framework
- Managing the Firm's overall liquidity profile
- Providing analysis relating to various liquidity metrics
- Implementing, reviewing and communicating regulatory liquidity requirements
- Coordinating with global Business Units on liquidity related matters
In order to effectively deliver on the mandate, LP&C has an ongoing portfolio of Change-the-Bank (CTB) projects to enhance the quality and timeliness of liquidity information to various consumers. LP&C also has a significant Run-the-Bank obligation to sustain.
The role requires managing various Liquidity initiatives which support the Firm's Liquidity Management strategy. This individual will be required to perform in-depth current-state business analysis of existing processes and help develop and document the solutions necessary to enhance liquidity risk management and reporting capabilities.
In addition, the role will require the facilitation of meetings with a broad set of stakeholders to help ensure approval, understanding and adoption of new or enhanced methodologies.
This role will require working very closely with the Liquidity Funding Controllers (LFC) team as well as Treasury Technology and the Business Unit SME's to ensure that appropriate solutions are developed and deployed within specified timeframes.
- Bachelor's degree in a Finance, Accounting, or Information Technology-related field
- Strong communication and organizational skills
- Strong Excel/Access skills
- Experience with project planning and project management
- The ability to manage multiple high-priority deliverables in a deadline-driven environment
- Experience within a Corporate Treasury or Liquidity Management Function