Qualified Accountant – Liquidity & Funding Controller recruitment

Morgan Stanley has earned a worldwide reputation for the excellence of its advice and execution in financial markets. With over 1,300 offices in 42 countries, the firm is truly global- and a market leader in the U.S, Europe and Asia as well as in Emerging Markets.  We provide institutions and individuals with almost every kind of financial product and service across all the world’s major markets.

In 2000 the Institutional Securities division established an operations team in Glasgow with just 6 employees.  Since then our office has grown to over 1000 employees across 6 divisions: Operations, PWM, Finance, Fund Services, Information Technology and Risk Management.  Our offices are located in Glasgow’s city centre in the heart of the International Financial Services District.

We have built a world class reputation for quality and service and the talent and passion of our people has been critical to our success.  We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and to grow.  Together we share a common set of values rooted in integrity, excellence and a strong team ethic.

Due to our growing business, we have a demand for career minded people to join our teams.   Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment.

The Glasgow Finance Division helps senior management and its individual business units manage the firm’s risk by implementing financial controls over our business activities. The division is crucial to safeguarding the firm’s franchise, reporting on current performance, and evaluating business opportunities.

The Liquidity and Funding Controller (LFC) team vision is to deliver value to our stakeholders through becoming the global centre of excellence for Firm-wide funding, liquidity and cash traceability reporting and analysis.

The LFC team is represented in our Glasgow, London and New York offices.  The Glasgow team are primarily responsible for supporting the Firm’s liquidity reporting to the Financial Services Authority and Federal Reserve Bank.  

Role:
We are currently seeking an Associate Level individual to lead the Firm’s Daily Spot Liquidity reporting for use by Treasury, Senior Management and Regulatory reporting teams.   

Data Review and Sign Off:

• Own a range of Cash-related source feeds in the Liquidity Data hub

• Ensure Cash feeds are reconciled and adjustments are identified through interactions with the Liquidity Risk Operations team.

• Provide business commentary for material movements and variances on aggregated level reports.

• Develop working partnership with key Finance, Corporate Treasury Operations groups.

• Development and testing of changes to data sources

• Provide cross cover for other product areas

Daily  Reporting:

• Produce the daily spot liquidity report for use by Treasury, Senior Management and Regulatory reporting teams.   

• Escalation of liquidity risks that can be identified from the reporting.

• Legal entity data checks and validation of data to external sources.

Quarterly Disclosures

• Preparation of the Quarterly Global Liquidity Reserve disclosure for the 10Q/10K returns.  

Skills / Experience Required:

The successful candidate will hold an accounting qualification from a recognised CCAB body.  

The successful candidate will have experience in managing large amounts of data and strong attention to detail skills. The ability to analyse and interpret data to draw a meaningful conclusion is essential.

The candidate should be able to demonstrate strong risk awareness through proven examples and have an understanding of liquidity risk and cash-flow reporting.

Communication skills are essential given that there will be a requirement to discuss and present technical information to a wide range of user groups and specialism’s.

Advanced excel skills are essential and a knowledge of Microsoft Access and Business Objects would be beneficial.

Skills Desired
An understanding of trade level information is required with a knowledge and understanding of investment banking products and their impact on the balance sheet being advantageous.

F.S. experience and / or knowledge of investment banking products would be desirable.