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Bank Regulatory Reporting Controller, Director
Bank Regulatory Reporting Controller, DirectorMorgan Stanley • New York, NY, US
Bank Regulatory Reporting Controller, Director

Bank Regulatory Reporting Controller, Director

Morgan Stanley • New York, NY, US
15 days ago
Job type
  • Full-time
Job description

Bank Regulatory Reporting Controller, Director

Morgan Stanley Bank NA (MSBNA) and Morgan Stanley Private Bank (MSPBNA) are nationally chartered banks and material operating subsidiaries of Morgan Stanley. These entities are regulated by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). The Bank Regulatory Reporting team is a group within the Finance division responsible for regulatory reporting for MSBNA and MSPBNA. This Manager role includes, but is not limited to the following activities :

  • Preparing / reviewing regulatory reports (FFIEC 031-Call Report, FR2900, FR2644, FRY8), as well as ensuring that appropriate auditable documentation for all reports exists.
  • Performing variance analysis and reconciliations of the above regulatory reports.
  • Researching and documenting treatment of new Bank products in regulatory reports.
  • Reviewing, researching, and assessing impact of updates to regulatory reporting instructions / requirements.
  • Interacting with service providers / process owners (i.e. business units controllers, operations, trading desk, finance shared services).
  • Performing various adhoc requests, including assistance with presentations, audit requests, and researching accounting and / or regulatory inquiries.
  • Communicating regulatory reporting results to Senior Management.
  • Ensuring that the Banks maintain a strong internal control environment (including performance of due diligence procedures and procedures documentation).
  • Proactively identifying areas of improvement and processes where digital finance tools and automation would be beneficial.

Qualifications Required

  • Bachelors Degree in Accounting or Finance with 5+years related experience
  • Strong Bank Regulatory Reporting background required
  • Accounting / Finance degree (proficiency in US GAAP accounting)
  • Skills Desired

  • Well organized, detailed, analytical individual with ability to multi-task and prioritize conflicting demands
  • Ability to communicate well both written and verbal
  • Strong organizational skills with the ability to multi-task and prioritize conflicting demands
  • Ambitious, analytical, self-motivated individual with a strong work ethic, positive attitude and the ability to work both independently and as part of a team
  • 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.

    We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

    Expected base pay rates for the role will be between $90,000 and $155,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

    It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership / union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

    Morgan Stanley is an equal opportunity employer committed to diversifying its workforce.

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