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. 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.
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Department:
Regulatory Controllers are responsible for ensuring that Morgan Stanley maintains adequate capital resources to meet the firm's investment business commitments and to withstand the risks to which the business is subject, e.g. Market Risk and Counterparty Risk. Regulatory Controllers form part of the wider Financial Control Group.
Regulatory controllers duties include:
> Monitoring regulatory compliance in accordance with Basel 3 9 for European regulated entities
> Reporting accurate and timely capital usage information to the CFO group and externally the PRA, JST and the EBA.
> Facilitating capital efficiency by working with the business and regulators on approvals, appropriate structuring of new trades and continual elevation of capital usage.
Role and responsibilities:
The vacancy is for a member of staff within the Credit & Market Risk Capital Production team.
> Oversight and management of aspects of the Credit and Market Risk Capital team, offering strong support to the team lead and team deputy on the full suite of our processes and controls.
> Very high focus on existing and upcoming Capital rules (B3EG, FRTB), the accuracy and compliance of our capital calculations, and our ongoing governance and assurance agendas.
> Working with Regulatory calculation teams in remote locations to validate capital charges and reporting approaches across Standardised Credit and Market Risk calculations.
> Working with Project and Technology teams to prioritise and implement new calculations, to enhance controls and improve existing processes.
> Respond to ad-hoc information requests from Regulators and Business Units, performing impact analysis for capital and disclosure metrics as necessary.
> Presentation of data to senior management.
> Close coordination with Firm risk management, other capital reporting teams, BU controllers, trading desks, operations and reconciliation teams.
Requirements:
> Strong understanding of European Regulatory Rule Book both for advanced and standardised approaches, COREP credit risk, market risk, large exposure and securitisation returns, Pillar 3 and other European and UK regulatory rulesets/returns.
> Previous role in a Regulatory Capital Calculation team essential.
> Proven ability to perform adhoc analysis on complex datasets, draw out themes & key issues and communicate findings to senior stakeholders.
> Proven track record of execution driven chasing of issues through many layers to discover root causes.
> Attention to detail and time management are essential skills for this role. The candidate should have the flexibility required to work with team members across regions under tight deadlines.
> Good communication skills are required and the candidate must work well in a team environment.
> Degree Qualification.
Where will you be working?
This role is based in 25 Cabot Square, Canary Wharf, London.
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.