Fixed Income Product Controller
Baltimore , Maryland
January 17, 2017
Morgan Stanley is seeking a finance professional to work in the Institutional Securities Group (ISG) Finance Organization as a Product Controller within Fixed Income, supporting the Liquid Flow Rates business.

Company Profile
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile
The Finance Division reports to the Chief Financial Officer and consists of some 3,000 employees worldwide. Finance protects the Morgan Stanley franchise by serving as guardian of the Firm's books and records, and by contributing to firmwide risk management and risk reduction. This division maintains relationships with Morgan Stanley's various industry and government regulators, and also serves as the conduit of financial information to the outside investment community. Finance plays a critical role as advisor to Morgan Stanley's various businesses and its senior management team.

Primary Responsibilities
The team supports the Liquid Flow Rates business within Fixed Income. The Liquid Flow Rates business transacts in Government & Agency issued securities, US Interest Rate Swaps products and more structured securities such as inflation products, swaptions and hybrid securities.

Responsibilities include
Produce and review daily Profit and Loss (P&L) and P&L explanations.
Review daily position/P&L reconciliations performed by operations and ensure differences are explained and adjusted appropriately.
Daily interaction with traders to review, agree and summarize daily P&L results.
Provide daily commentaries on significant P&L movements, including analyzing the P&L explanations and ensuring key drivers are in line with expectations given risk exposures in the business.
Month-end P&L close of the books and records, including reconciling between the books and records and management reported P&L, commenting on differences and escalating key items to management.
Month-end Balance sheet close of the books and records, including substantiation of the balance sheet from supporting sub ledger details to the general ledger, resolving issues and escalating key items to management.
Frequent interaction with various groups across the firm including, but not limited to trading desk, operations, technology, regulatory and legal entity controllers, market/credit risk controllers.

0 -2 years of experience
Strong verbal and written communication skills
Solid analytical skills
Ability to interact well with other at all levels - controllers, operations, business unit
High self motivation and the ability to work both independently and as an effective team member
Strong organizational skills

A little about us:
Since its founding in 1935, Morgan Stanley and its people have helped redefine the meaning of financial services.

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