Finance Outsourcing Governance & Control (FOGC) - Reporting and Governance Associate
Glasgow
3262333
This position is part of the Finance Outsourcing Governance & Control (FOGC) function within the Finance Division's Global Centralized Management organisation and is key to contributing to the execution the Firm's Deployment and Outsourcing strategy. This Global Finance team works closely with many levels of Management to ensure all applicable global outsourcing regulations and documentation requirements are adhered to.
With increased regulatory focus and scrutiny around Outsourcing Governance, this role will tackle a diverse set of tasks that require key skills such as strong communication, documentation and attention to detail, critical thinking, data analytics, and excellent time management in order to meet tight regulatory deadlines and prioritize workload in a fast-paced and constantly evolving environment.
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About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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. We 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.
What will you be doing?
• Support the timely and accurate production of monthly and quarterly reporting of Finance's adherence to the Minimum Supervision Standards (MSS) framework.
• Prepare materials for global senior stakeholders on effective supervision requirements and educate them on global jurisdictional expectations.
• Provide management with updates on MSS issues identified and guidance on remedial actions required.
• Track and report progress on closing MSS reported issues.
• Understand and be able to articulate global regulatory requirements related to the MSS Framework over outsourced services and embed new regulations into the current process.
• Assisting with the development and testing of a strategic tooling project to automate current manual reporting, partnering with Finance Technology to develop comprehensive, long-term solutions.
• Support reporting and control processes shared across a global production team.
• Drive process and control enhancements to improve the effectiveness and efficiency of current reporting procedures.
• Ensure all reporting and MSS Framework files are maintained in line with control procedures and are updated on a timely basis to ensure the completeness and accuracy of the population.
• Partner with Global FOGC team to coordinate successful execution of ad-hoc internal and regulatory projects.
What we're looking for:
• Effective communication skills - clear, concise, and proficient in articulating complex regulatory information to senior audiences.
• Strong analytical skills and critical thinking - understands how to break down a problem and apply a practical solution.
• Interest in the regulatory requirements, governance, and control.
• Excellent attention to detail - effective in identifying in errors in large data sets and applying due diligence in preparing reporting materials.
• Ability to manage workload efficiently and effectively under tight deadlines.
• Effective problem-solving skills demonstrating initiative and creativity.
• Escalates issues/concerns appropriately and in a timely manner.
• Strong technical skills - Proficient in Excel including pivot tables, formulae and data manipulation, PowerPoint, Word, SharePoint, Tableau, and Power BI.
We offer:
• Work in the Finance department of one of the world's top tier Financial Institutions and a first-hand insight into our business.
• A desirable compensation and benefits package including eligibility for an annual bonus.
• Professional development opportunities including access to Morgan Stanley's world-class internal training program.
• Developing challenges that provide opportunity for constant learning for both personal and professional advancement.
• A supportive and inclusive environment, we value individual differences and leverage them to enrich our work environment and culture.
• A balance between personal and professional lifestyles, including flexible working opportunities such as work from home arrangements.
• High specification office space with leading technologies, collaborative working spaces and wellbeing facilities including an onsite fitness suite.
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here.
Equal opportunities statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.