Company: Morgan Stanley
Location: London



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.

The Finance Division globally 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 firm wide 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 Profile

Global Corporate Controllers is responsible for the financial

and regulatory reporting of the consolidated Firm and its legal entities,

liquidity and funding control, accounting and regulatory policy and advisory,

controllership of the Firm’s infrastructure areas and management the Finance

risk and change programs.

The FX Controllers team in London is responsible for managing

global foreign exchange exposure, at an entity level, arising from trading and

non-trading activities across the Firm. Due to the significant risk to the Firm

created by unhedged FX exposure, this team has a pivotal role in safeguarding

the Firm’s assets. The team’s primary objective is to minimize revaluation

P&L (transactional risk).

The team performs a range of functions including processing and

validating daily hedge requirements and month end reconciliation and control

work to validate hedges carried out. The team is also engaged in project and

process improvement work in addition to ad hoc requests from the Corporate

Treasury desk and various Controller groups. In this regard the team has

considerable interaction with Product Controllers, IT, Tax, Legal Entity

Controllers, Corporate Treasury and Treasury Controllers colleagues globally.

Primary Responsibilities

An opportunity has arisen for a permanent role within the

team. The successful individual will lead the team on its daily, monthly and

annual deliverables as well as being a trusted advisor to Corporate Treasury

and multiple Controller groups across the firm. The role will provide an opportunity

to take a key leadership role in the strategic renovation of the system

infrastructure as well as tactical risk reduction initiatives, and reports into

the London based EMEA FX and Intercompany Controller.

The role will include the following involvement and


¾ -Management of FX Controller team including review and

approval of the daily hedge and daily FX revaluation P&L.

¾ -Key leadership role in the delivery of system infrastructure

renovation over the coming years

¾ -Trusted advisor on FX topics across finance globally.

¾ -Creation, implementation and ownership of tactical control

remediation processes.

¾ -Maintaining strong relationships with key stakeholders

¾ -Co-ordination of global FX Champions training program.

¾ -Escalate appropriately risk issues as and when they arise.

This is not

an exhaustive list of tasks, and responsibilities may change in line with the

team and business needs.


skills and experience;- Understanding of FX Risk.- Strong sense of accountability and ownership as

well as the ability to manage others to ensure deadlines are met and issues are

resolved on a timely basis.- Analytical mind-set and good problem solving

skills with a willingness to drill through to the root cause of issues.- Ability to critically evaluate processes and

controls and make suggestions for improvement and technology enhancement.- Strong communicator with ability to interact with

senior stakeholders.- Solid experience in product control with risk

management skill-set.- Qualified with relevant Professional

Qualification (i.e. Accounting or CFA).Morgan

Stanley is an equal opportunities employer. We work to provide a supportive and

inclusive environment where all individuals can maximise their full potential.

Our skilled and creative workforce is comprised of individuals drawn from a

broad cross section of the global communities in which we operate and who

reflect a variety of backgrounds, talents, perspectives and experiences. Our

strong commitment to a culture of inclusion is evident through our constant

focus on recruiting, developing and advancing individuals based on their skills

and talents.Interested

in flexible working opportunities? Morgan Stanley empowers employees to have

greater freedom of choice through flexible working arrangements. Speak to our

recruitment team to find out more.