Market Risk Controller, Director at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Jan, 26

Salary

140000.0

Posted On

14 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Accounting, Reporting Systems, Database Management, Risk Management, Regulatory Compliance, Project Management, Data Mining, Microsoft Office, Team Leadership, Stakeholder Management, Governance, Process Improvement, Attention to Detail, Numerical Skills, Communication Skills, Problem Solving

Industry

Financial Services

Description

Responsibilities include the development, management and oversight of financial accounting & reporting systems as well as database management. > Collaborate with a varied group of colleagues in Finance and across the Firm > Responsible for and lead a significant set of deliverables, leveraging advanced understanding of Finance functional area, product and/or client segment > Proactively identify emerging risks in individual and department work and contribute to strategies for mitigating them > Act as a role model and culture carrier; Embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards > Support the delivery of time sensitive internal and external reports and queries from senior management, auditors and regulators. > Develop understanding of the regulatory requirements of VaR Backtesting, and be able to explain how the Firm evidences compliance > Support the strategic development of Firm systems, partnering with IT teams to explain, prioritise, test and implement new business requirements (in particular, involving change-the-bank 'Fundamental Review of the Trading Book / Basel III endgame' initiatives) > Challenge processes and procedures to enhance controls and streamline efficiencies. > Assist with the preparation of governance materials and support the maintenance and development of documentation to the standard that can be shared with regulators. > Partner with wider MRC team both locally and globally on cross silo initiatives / projects > Develop and maintain relationships with a range of clients /stakeholders including Product Control, Risk Management and Regulatory Policy teams. > Manage, attract, develop and retain talent for team within Finance while creating an inclusive environment; translate Firmwide goals into actionable goals for department/function > Advanced understanding of Finance functional area, product and/or client segment and technical skills, as well as of industry and competitive environment > Ability to provide positive and constructive feedback and acknowledge efforts of team members > Ability to articulate risk and impact to various audiences, and create plans to mitigate those risks > Work experience within large financial services firms or other directly relevant experience (commensurate with role being applied for). An awareness in Financial Markets / products and the Basel Regulatory environment. > Close attention to detail and highly numerate. > Excellent Microsoft Office skills (Excel, Teams, PowerPoint, PowerBi) and be proficient in data mining and investigating complex issues to extract key themes and discover root causes. > The flexibility required to work in a dynamic environment under tight deadlines taking accountability and ownership for multiple deliverables. > High level of guardianship - ensuring that exceptions are identified, resolved and escalated on a timely basis. > Track record of proactively driving projects forward and working closely with IT development teams to deliver change > At least 6 years' relevant experience would generally be expected to find the skills required for this role 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. 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 $95,000 and $140,000 per year at the commencement of employment. 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.

Responsibilities

The role involves the development, management, and oversight of financial accounting and reporting systems, as well as database management. The director will collaborate with various colleagues in Finance and across the Firm to lead significant deliverables and identify emerging risks.