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Morgan Stanley · 2 days ago

Bank LEC Director

New York, NY

Full-time

Onsite

Senior Level, Lead/Staff

$90K/yr - $155K/yr

Morgan Stanley is a leading financial services firm committed to maintaining high standards of excellence. The Bank LEC Director is responsible for the accuracy and control of the Firm’s financial statements and oversees financial accounting and reporting systems, ensuring compliance with regulatory standards.

Asset ManagementFinanceFinancial ServicesLending

Responsibilities

Responsible for month-end close processes including preparation of journal entries, GAAP level financial statements, and point of contact to explain variances and drivers to stakeholders

Produce revenue and expense commentary and analytics for stakeholders, including information to be provided to Bank CFO and Regulators

Responsible for and lead aspects of individual and team deliverables and projects, leveraging in depth knowledge of Finance functional area, Banking activity

Generate disclosures that are crucial to the Bank's reporting responsibilities. Provide routine and ad-hoc reports on Banks' performance

Review test results related to internal controls and prepared support for potential review by internal and external auditors, external regulators, and management

Support Reg W 23B and inter-affiliate risk management process enhancements as assistance may be required in those areas

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

Adhere to the Bank's risk and regulatory standards, policies and controls, proactively identify ways to reduce risk in work

Act as a culture carrier embody and set an example of the Firm's values and hold yourself and others accountable to Firm standards

Qualification

Finance functional knowledgeLegal Entity Control experienceReg W 23B familiarityMicrosoft Excel proficiencyRelationship skillsProcess enhancement abilityCommunication skillsTime management skills

Required

In-depth knowledge of Finance functional area, accounting in financial industry experience, particularly in a Legal Entity Control role, technical skills, as well as industry and competitive environment

Familiar with Reg W 23B and 3rd party or affiliate risk management practices

Ability to operate independently with respect to most job responsibilities

Ability to enhance processes by using innovative technologies

Proficiency in Microsoft Excel working with large datasets and using formulas and pivotal tables

Strong communication and relationship skills

Time management skills and the ability to move quickly between subjects