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Company Description
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.
Department Description
The Morgan Stanley Bank N.A. (MSBNA) and Morgan Stanley Private Bank N.A. (MSPBNA) are nationally chartered banks (collectively named U.S. Banks) and are material operating subsidiaries of Morgan Stanley, regulated by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC).
Within US Banks, the Financial Planning & Analysis (FP&A) function reports to the Bank CFO and is responsible for producing the Annual Strategic Plan and periodical forecasts, leading Balance Sheet and Income Statement efforts for the Banks Annual and Quarterly Stress Test submissions to the OCC, and providing US Banks Management with key financial and strategic analysis to support the Banks global businesses. The role provides a unique perspective on the whole array of Finance and FP&A activities specific to a legal entity.
This position can be based out of the Manhattan or Purchase office locations in NY.
Responsibilities
> Lead FP&A function for consolidated U.S. Banks, MS Bank NA and MS Private Bank NA
> Drive & coordinate the quarterly and multi-year forecasting and planning process including working on the Strategic Plan on behalf of the U.S. Banks.
> Utilize multiple data sources to create management reporting including balance and revenue analysis, expense analysis, and key risk indicators.
> Support the end-to-end Balance Sheet and PPNR processes for the Annual and Quarterly Stress Test on behalf of the U.S. Banks
> Establish FP&A process and capabilities for DFAST
> Drive production & analysis of monthly financial reporting for U.S. Banks including Product Profitability Reporting and ad-hoc requests.
> Develop key analytics to enhance decision making and assist with preparation of materials for the Banks CFO, Senior Management, Board of Directors, and Regulators.
> Collaborate with constituents across Business Units, Corporate, Segment FP&A, Legal Entity Controllers, Capital Planning, Treasury, Strategy, Risk Management in support of the Bank's deliverables
> Expand & improve the quality of data in the TM1 planning analytics platform. Leverage the functionality to create new tools and streamline existing reporting and controls. #LI-NM2
> Preparate materials for the Bank's Board of Directors, other Senior Management and Regulators.
> Work with Audit and engage with Regulators, including exams, findings and remediation.

Qualifications
> 8-12+ years of corporate finance experience in the Financials sector
> Bank (Lending, Deposits, etc.) and trading product knowledge (incl. Derivatives) and experience
> Outstanding financial modeling and presentation skills
> Strong analytical, problem solving and project management skills
> Strong aptitude for numbers and quick grasp of new reporting applications
> Proven ability to operate as both strategic partner and hands-on leader
> Ability to handle multiple projects, competing priorities and deadlines with high degree of flexibility
> Effective communication, interpersonal and partnership skills
> Experience with CCAR/DFAST helpful
> Bachelor's degree in accounting or finance preferred

What you can expect from Morgan Stanley:

We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren't just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you'll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. 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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

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 $165,000 and $275,000 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.