Director, Corporate Controllers, Reporting & Accounting

Company Profile:

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment, 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.

In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm’s financial and capital resources.

What you’ll do in the role:

Morgan Stanley Services Group, Inc. is seeking a Director, Corporate Controllers, Reporting & Accounting in New York, New York to interpret regulatory rules and requirements, identify gaps in current implementation, and develop plans to address those gaps.  Design, execute, and enhance governance and controls to support FRTB/Basel III Endgame and Basel 2.5 compliance.  Review Firm activity and prepare materials covering regulatory governance.  Prepare materials for regulatory reporting and quality assurance, internal and external audits, and regulatory reviews to demonstrate compliance.  Lead agile delivery of regulatory compliance initiatives by aligning stakeholders, defining and prioritizing requirements, tracking progress against timelines, managing issues, and providing status updates to senior stakeholders.

What you’ll bring to the role:

-Requires a Bachelor’s degree in Business Administration, Finance, or a related field of study. Employer will accept 3-year or 4-year Bachelor's degree.

-Requires two (2) years of experience in the position offered or two (2) years as an Associate, Analyst, or a closely related occupation

- Requires two (2) years of experience with the following skills:

• Market Risk regulatory frameworks and global regulators including Federal Reserve Board (FRB), Office of the Comptroller of the Currency (OCC), Securities and Exchange Commission (SEC), Prudential Regulation Authority (PRA), Federal Financial Supervisory Authority (BaFin), Financial Supervisory Service (FSS), to interpret and apply Basel 2.5, Basel III Endgame, and the Fundamental Review of the Trading Book (FRTB) rules across firm activities;
• Banking Book versus Trading Book boundary requirements and the Covered Position Rule to develop, implement, and execute Market Risk controls; 
• Fixed Income and Equity products, valuation principles, and mark‑to‑market concepts to interpret trading Profit and Loss (P&L) behavior and Market Risk outcomes;
• P&L attribution analysis including identification of key market drivers and interpretation of risk sensitivities;
• Value-at-Risk (VaR) methodologies including Historical Simulation, Monte Carlo Simulation, and Hypothetical P&L (Clean P&L) derivation;
• Value‑at‑Risk (VaR) Backtesting performance to assess Market Risk model accuracy and impacts on regulatory capital multipliers and Internal Models Approach (IMA) eligibility under Basel 2.5 and Fundamental Review of the Trading Book (FRTB);
• Financial Greeks including Delta, Vega, Gamma, and Theta, and their impact on Market Risk exposures and P&L behavior; 
• Regulator‑facing submissions and internal and external audits including attestation support and preparation of analytical and governance materials;
• Design and enhance Market Risk governance and control frameworks and manage regulatory change initiatives using agile project management including planning, issue remediation, cross‑functional execution, and status communication and escalation; and
• Perform regulatory control analysis, automate processes, and produce audit‑ready reporting and governance evidence in Market Risk compliance environments using Excel including VBA, Alteryx, and Power BI.

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 $115,000 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 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.