Securities Funding Daily Reporting Role, Qualified Accountant 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.

Position description:

We are looking to hire an Associate into the Global Funding Controllers group.  The Bank Resource Management team is represented in our Glasgow, London and New York offices providing controller support for Firms’ 'funding' activities (with processes relating to a variety of activities and balances: Repo, Stock Loan, Listed Margin, OTC Collateral, External customer and Cross entity trading).    

Key responsibilities of the Glasgow team includes reconciliation of certain sections of the General Ledger comprising monthly Balance Sheet and PL certification, daily PL production, various regulatory reporting related tasks and daily Business unit reporting, including daily Balance Sheet reporting.

The successful candidate’s key deliverables will include:-
• Production of Daily Balance Sheet reporting, other daily reports and controls as required
• Timely investigation and resolution of production issues
• Provision of timely and accurate responses to queries raised regarding published data  
• Interaction with BU, other controller groups in relation to data produced and processes owned etc.
• Support colleagues and manager with ad hoc requests
• Involvement in various initiatives including redesign of internal processes to improve the control framework, system enhancements etc.
• Other ad hoc duties.

Skills Required
Candidates for role should be accountancy qualified with an interest or aptitude for financial products and display the following skill set:  

• Committed and self motivated individual who can demonstrate initiative problem solving abilities
• Excellent organisational skills and the ability to work to tight deadlines
• Strong appreciation of escalation and risk awareness
• Analytical skills with a control focus and high regard for attention to detail
• Demonstrate an understanding of account assertions and concepts of audit evidence
• Critical thinking in order to challenge processes, solve for ad hoc queries and creativity to suggest alternative approaches.  
• Strong Microsoft Excel skills
• Excellent written and verbal communication skills, and ability to deal with colleagues/clients of all levels

Skills Desired
• Experience of Business Unit facing role
• F.S experience with knowledge of funding activity, repo systems and accounting rules particular to funding products.
• Knowledge of MS Access would be preferable

Morgan Stanley is an equal opportunities employer and is committed to fair treatment, regardless of background