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Trading Fee Controller

AT Morgan Stanley
Morgan Stanley

Trading Fee Controller

Budapest, Hungary

Are you interested in getting insight into controlling Morgan Stanley's trading fees? We are looking for a new colleague to join our Brokerage and Clearing team based in Budapest. You can work closely with external brokers, traders and provide reports to senior management and trading desks. Join us if you are looking for process automation and development opportunities.

We offer:
• The chance to work in the Finance department of one of the world's top tier Financial Institutions and gain first-hand insight into the business
• A competitive compensation and benefit package
• Open minded and welcoming environment, where your ideas are taken seriously
• Continued professional development based on your career interests

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• The ability to grow and shape your own career
• Outstanding corporate and team culture
• Professional development opportunities including access to Morgan Stanley's world-class internal trainings, financial and study-leave support for selected professional qualifications (CFA, ACCA, FRM)
• Opportunity to work from home and excellent work conditions when working from the office
• Support in your career development by providing mentoring opportunities
• Contingent/Leased assignment working onsite at Morgan Stanley
• Contract via 3rd party agency

You will:
• Communicate regularly with counterparts such as exchange and clearing houses for EMEA and APAC, client connectivity vendors worldwide
• Track and monitor settlement activity across all regions.
• Complete invoice reconciliations and payments to keep the level of outstanding balances at a low level
• Interact with internal controllers, operations and traders to resolve any trade related issues
• Create ad hoc reports to support decision makers in controlling costs
• Work closely with automation and data analytics experts to enhance data quality
• Provide support for analyses on monthly, quarterly, and yearly expense variances, define main drivers

You have:
• Bachelor's degree or equivalent in Finance/Accounting or related fields with 1+ years of experience
• Understanding of financial products and accounting principles
• Fluent spoken and written English
• Ability to communicate effectively across all levels
• Analytical and technical mindset, pro-active attitude
• Experience with reporting and data analysis tools (PowerBI, Power Query, Alterxy, Tableau)

Team Profile: The Budapest Trading Fees Controlling team, within the Finance department, is responsible for expense management and control for trading related fees, communication with broker firms, exchange and clearing houses and Morgan Stanley Finance Controller groups. We cover month end closing tasks, variance and trend analysis, GL account reconciliation, invoice reconciliation and payment, and delivering on ad hoc requests from Finance management and Business Units/Trading desks.

About us: Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn, achieve and grow. You will be exposed to a truly international and multi-cultural environment that appreciates and respects individuality. Our state-of-the-art offices in the City Centre have been designed to maximise collaboration.

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.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.

Client-provided location(s): Budapest, Hungary
Job ID: Morgan-549781213078
Employment Type: Other

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • Fitness Subsidies
    • On-Site Gym
    • Pet Insurance
    • Mental Health Benefits
    • FSA
    • Virtual Fitness Classes
    • HSA
  • Parental Benefits

    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Return-to-Work Program
    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Company Outings
    • On-Site Cafeteria
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Leave of Absence
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
  • Professional Development

    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Access to Online Courses
    • Lunch and Learns
    • Work Visa Sponsorship
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Internship Program
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program
    • Employee Resource Groups (ERG)