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Morgan Stanley · 8 hours ago

Bank Holding Company - Regulatory Controller/Vice President

New York, NY

Full-time

Onsite

Director/Executive

$120K/yr - $205K/yr

15+ years exp

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The role of Regulatory Controller/Vice President involves overseeing the accuracy and control of the Firm’s financial reporting, including regulatory reporting to the Federal Reserve Bank and managing financial accounting systems.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Bank Holding Company Regulatory Reporting to the FRB in NY across multiple filings including:

FR Y-9C, FFIEC 009, GSIB Phase II (I-I) and Phase III (I-A), all required Treasury International Capital (TIC) filings (TIC B; TIC D; TIC SLT/SHCA/SCLA)

Support the preparation of due diligence meeting materials and presentation to senior management and FRB

Implementation of all FRB mandated reporting, rule and instructional changes including the roll-out of new regulatory filings

Provide technical advisory support to our global Finance colleagues on US GAAP, and regulatory report rules, encompassing technical research and documentation and financial statement reviews

Develop subject matter expertise on key areas of accounting and work alongside cross-functional teams on major Firm implementation projects globally, including the implementation of new accounting standards and regulatory changes

Supervise, train and development of multiple Finance Shared Services “FSS” (regulatory reporting production teams) in Mumbai, India. Provide insights and training to FSS teams as they continue to build SME of products and processes

Review and sign-off of all New Product Approvals (NPAs), documenting the impact of the NPA across all regulatory filings

Partner with Data Governance, providing key SME on data issue impact and remediation prioritization. Drive resolution and timely/sufficient closure of Issues and Action plans

Ensure consistency on data approach and methodology across regulatory reporting

Prepare/update documentation of rule interpretation, implementation approach and transition to new reporting platforms as applicable

Assist in coordination, preparation, response, and issue management across Regulatory Exams and Internal 2nd and 3rd line reviews. Leverage expertise, framework, approach and “lessons learned” across Regulatory exams

Partner with IT and Regulatory Projects team to enhance systems and User Interface platforms to streamline E2E processes

Participate in Regulatory Reporting training agenda

Focus on raising awareness of Diversity & Inclusion and participate in D&I initiatives, committees, and programs

Qualification

CPAUS GAAPRegulatory ReportingAdvanced Degree in AccountingRisk AssessmentAnalytical SkillsCommunication SkillsOrganizational SkillsTime ManagementProblem-Solving Skills

Required

CPA or Advanced Degree in Accounting/Finance or related field

15 + years of combined experience in Public Accounting and Regulatory Reporting in an international banking environment or at Consultancy Firms supporting the financial industry in regulatory reporting. Experience in risk and control matters a plus

Strong understanding of USGAAP and the Regulatory Reporting rules and requirements across our Banking industry

Strong understanding of internal controls

Ability to design and maintain reporting to drive key initiatives

Experience in assessing risk and establishing effective controls

Excellent analytical, quantitative, and problem-solving skills

Strong communication, organizational and time management skills

Ability to interact well with others at all levels and drive objectives

Ability to handle and resolve challenges and problems