Market Risk Finance Product Controller

We're seeking someone to join our Market Risk Control Finance team as a Product Controller in ISG Finance to provide oversight on whether activity has been classified correctly and to play a pivotal role in ongoing compliance with the Basel covered position rules across various jurisdictions. Key stakeholders include MRD, Business Unit, Regulatory Controllers, and the Credit Risk Department.

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. This is an Associate level position within our Product Controllers Job Family which specializes in ensuring adequacy of controls, profit and loss and balance sheet reporting and reconciliations for a segment, business or product area, as well as management reporting across business segments or cross‑functional end‑to‑end product oversight.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

• Collaborate with a varied group of colleagues in Finance and across the Firm.
• Be responsible for both individual and team deliverables and projects, leveraging knowledge of the Finance functional area, tools and/or products.
• Adhere to the Firm's risk and regulatory standards, policies and controls.
• Act as a culture carrier; embody the Firm's values and hold yourself accountable to Firm standards.
• Support the delivery of time‑sensitive internal and external reports and queries from senior management, auditors and regulators.
• Develop an understanding of the regulatory requirements of VaR back‑testing, 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 (particularly the 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 the wider MRC team both locally and globally on cross‑silo initiatives and projects.
• Develop and maintain relationships with a range of clients and stakeholders, including Product Control, Risk Management and Regulatory Policy teams.

• Working knowledge of the Finance functional area, industry and competitive environment.
• Ability to communicate clearly and concisely, and adapt to various audiences.
• Willingness to seek guidance and provide feedback to further develop yourself and peers.
• Work experience within large financial services firms or other directly relevant experience. An awareness of Financial Markets, products and the Basel regulatory environment.
• Close attention to detail and strong numerical skills. Commitment to developing your own skills and strong verbal and written communication skills.
• Excellent Microsoft Office skills (Excel, Teams, PowerPoint, Power
  
  BI) and proficiency 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 while taking accountability and ownership for multiple deliverables.
• A high level of guardianship—ensuring that exceptions are identified, resolved and escalated in a timely manner.
• Track record of proactively driving projects forward and working closely with IT development teams to deliver change.
• At least 2 years of relevant experience is generally expected to meet the skills required for this role.

Morgan Stanley is committed to maintaining first‑class service and a high standard of excellence across the world. Our values—putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back—guide our decisions and actions every day.…