Bank LEC Director
This is a Director 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.
Description:
> Responsible for month-end close processes including preparation of journal entries, GAAP level financial statements, and point of contact to explain variances and drivers to stakeholders.
> Produce revenue and expense commentary and analytics for stakeholders, including information to be provided to Bank CFO and Regulators.
> Responsible for and lead aspects of individual and team deliverables and projects, leveraging in depth knowledge of Finance functional area, Banking activity.
> Generate disclosures that are crucial to the Bank's reporting responsibilities. Provide routine and ad-hoc reports on Banks' performance.
> Review test results related to internal controls and prepared support for potential review by internal and external auditors, external regulators, and management.
> Support Reg W 23B and inter-affiliate risk management process enhancements as assistance may be required in those areas.
> Collaborate with a varied group of colleagues in Finance and across the Firm
> Adhere to the Bank's risk and regulatory standards, policies and controls, proactively identify ways to reduce risk in work.
> Act as a culture carrier embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards.
Qualifications:
> In-depth knowledge of Finance functional area, accounting in financial industry experience, particularly in a Legal Entity Control role, technical skills, as well as industry and competitive environment.
> Familiar with Reg W 23B and 3rd party or affiliate risk management practices.
> Ability to operate independently with respect to most job responsibilities.
> Ability to enhance processes by using innovative technologies.
> Proficiency in Microsoft Excel working with large datasets and using formulas and pivotal tables.
> Strong communication and relationship skills.
> Time management skills and the ability to move quickly between subjects.
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 into your browser.
Expected base pay rates for the role will be between $90,000 and $155,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
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