US Legal Entity Regulatory Control Associate

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. 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 Firms books and records, and by contributing to firmwide risk management and risk reduction. This division maintains relationships with Morgan Stanley's various industry and government regulators and 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.

Global Corporate Controllers & Planning (GCCP) is responsible for overseeing the accounting, financial and regulatory reporting for the Firm. GCCP prepares external financial reports for public filings and regulator. For internal reporting, GCCP along with Business Unit Controllers and Financial Planning and Analysis, summarizes, plans and forecasts the organizations financial position, including income statement, balance sheet and analyses of future revenues, expenses and earnings.

Within GCCP, the US Legal Entity Regulatory Control team (US LE Reg) is responsible for ensuring our US regulated entities comply with various regulatory requirements, most notably net capital (15c3-1, 18a1) and customer protection (15c3-3). The group prepares and files monthly Financial and Operational Combined Uniform Single (FOCUS) reports, estimates net capital, and calculates customer reserve requirements daily. US LE Reg teams are aligned to support our broker-dealer and swap dealer entities, while retaining cross-entity support for certain production activities. The team is engaged in several key initiatives, including renovation and process enhancements, data sourcing, and an expanding analytics framework. The Analyst/Associate will support production and be engaged in analytics and insights.

RESPONSIBILITIES:
Daily, the Analyst/Associate will provide cross-entity support for certain aspects of the daily net capital and/or customer reserve calculations. He/she will also be responsible for select components of the monthly calculations and FOCUS reporting. Beyond production, the Analyst/Associate will look for improvement opportunities (data, process, technology) and take ownership to drive improvements.

Production and support are distributed across team members; potential tasks include:
- preparing and analyzing daily and month-end reporting of net capital, including haircuts and other regulatory capital deduction schedules to support the computation of net capital
- preparing daily customer reserve calculations, including deep analysis of material changes
- preparing and analyzing reports filed with the SEC, FINRA and other regulatory agencies
- managing the monthly Data Attestation process for information providers
- assisting with testing of new processes, technology and reporting improvements
- addressing questions from Business Unit Controllers, other functional areas, and regulators QUALIFICATIONS:
- strong data analysis skills, comfortable dealing with large amounts of complex inter-related data sets to solve problems and distill insights. Strong Excel skills are essential. Alteryx and other coding skills would be beneficial.
- team player with solid relationship building skills - both within the US LE Reg team and across Operations, Business Unit controllers and other functional groups
- learns quickly from subject matter experts, following their own curiosity, and from scouting out other useful information sources
- good communication skills - a clear and succinct communicator verbally and in writing
- able to produce high quality work to stringent deadlines
- 0-3+ years of public/private experience with financial and/or regulatory reporting
- Bachelors Degree in Accounting, Finance or similar
- the position does not require specific knowledge of net capital or customer reserve rules, FOCUS reporting, generally accepted accounting principles (GAAP) or product knowledge, but it would be beneficial.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan