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E*TRADE from Morgan Stanley · 1 month ago

Market Risk Finance Product Controller

Baltimore, Maryland, United States of America

Full-time

Onsite

Entry Level

$60K/yr - $90K/yr

2+ years exp

E*TRADE from Morgan Stanley is a global leader in financial services, and they are seeking a Product Controller to join their Market Risk Control Finance team. The role involves providing oversight on classification of activities, ensuring compliance with regulatory standards, and collaborating with various stakeholders to maintain financial and capital resources.

BankingFinanceFinancial Services

Responsibilities

Collaborate with a varied group of colleagues in Finance and across the Firm

Responsible for both individual and team deliverables and projects, leveraging knowledge of Finance functional area, tools and/or products

Adhere to the Firm's risk and regulatory standards, policies and controls

Act as a culture carrier; embody the Firm's values and hold yourself accountable to Firm standards

Support the delivery of time sensitive internal and external reports and queries from senior management, auditors and regulators

Develop understanding of the regulatory requirements of VaR Backtesting, and be able to explain how the Firm evidences compliance

Support the strategic development of Firm systems, partnering with IT teams to explain, prioritize, test and implement new business requirements (in particular, involving change-the-bank 'Fundamental Review of the Trading Book / Basel III endgame' initiatives)

Challenge processes and procedures to enhance controls and streamline efficiencies

Assist with the preparation of governance materials and support the maintenance and development of documentation to the standard that can be shared with regulators

Partner with wider MRC team both locally and globally on cross silo initiatives / projects

Develop and maintain relationships with a range of clients /stakeholders including Product Control, Risk Management and Regulatory Policy teams

Qualification

Finance functional knowledgeRegulatory complianceData analysisMicrosoft OfficeProject managementCommunication skillsAttention to detailTeam collaborationProblem-solving

Required

Working knowledge of Finance functional area, industry and competitive environment

Ability to communicate clearly and concisely, and adapt to various audiences

Willingness to seek guidance and provide feedback to further develop self and peers

Work experience within large financial services firms or other directly relevant experience (commensurate with role being applied for). An awareness in Financial Markets / products and the Basel Regulatory environment

Close attention to detail and highly numerate. Strong commitment to developing their own skills. Strong verbal and written communication skills

Excellent Microsoft Office skills (Excel, Teams, PowerPoint, PowerBI) and be proficient in data mining and investigating complex issues to extract key themes and discover root causes

The flexibility required to work in a dynamic environment under tight deadlines taking accountability and ownership for multiple deliverables

High level of guardianship - ensuring that exceptions are identified, resolved and escalated on a timely basis

Track record of proactively driving projects forward and working closely with IT development teams to deliver change

At least 2 years' relevant experience would generally be expected to find the skills required for this role