Lending CFO Team – Manager Level recruitment

Position Category: Finance/Accounting

Position Title: Lending CFO Team - Manager Level

Job Level: Manager

Location: USA - NY - Purchase

Education Required: Bachelors Degree

Position Description:
The Private Banking Group (PBG) is the banking and lending group within Morgan Stanley (MS). PBG manufactures and delivers banking services and cash management, traditional private bank and residential lending through a professional private banking sales force. The candidate will report directly to the CFO of PBG HNW Lending. The PBG HNW Lending Finance Team supports comprehensive lending legal entity and management reporting and financial analysis for the head of HNW Lending and the GWM and PBG CFO.

o Coordinate budgeting, forecasting and management reporting for all aspects of PLA, ECL, Tailored Lending, Non-Bank Tailored and Margin lending including all relevant metrics such as NIM and ALLL and the preparation and distribution of monthly management reporting packages, including financial metric performance and variance explanations.
o Focus on integration and post integration reporting and reconcilations for margin and ECL
o Coordinate and enhance ALLL reporting in partnership with Accounting Policy, Financial Disclosures and Credit.
o Work with other areas of finance, technology, and the business to analyze data in the GWM Analitical Environment such as coordinating with the Sales and Branch FCG Team to provide information on drivers NIM, balances and cost of fund drivers for branch and local reporting
o Manage day to day FA Compensation issues for Citi Third Party Tailored Lending
- includes processing files for comp monthly quarterly
o Support PLP analysis and work with BU on determining new allocation
methodologies
o Assist Budapest team in calculating and validating the Monthly Loan
Loss Reserve and the monthly and Quarterly ALLL Walk-forward for GASC
o Assist in the various Monthly and Quarterly financial reporting that is
due surrounding Lending (Wealth Mgmt, Credit, Sales, Senior Mgmt, McLagan, NFV etc)

Skills Required:
Knowedge of budgeting, forecasting and management reporting for a banking business and Lending
Strong data mining and ability to search data bases to identify trends
Knowledge of the Broker Dealer compensation model helpful

Skills Desired:
Knowledge of bank requlatory environment is helpful
Understanding of Call Report and Y9C helpful
Understanding of Broker Dealer Funding helpful