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
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.
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
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
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.