Liquidity Investment Funding Controller (LIFC) Team Vice President

Position Description This is a Vice President level position within the Corporate Controllers, Reporting & Accounting job family which is responsible for the accuracy and control of the Firm’s books and records to produce the consolidated firm, segment and legal entities financial statements. The group owns the Firm’s financial reporting under US GAAP, International GAAP and the global regulatory regimes. Responsibilities include the development, management and oversight of financial accounting & reporting systems as well as database management. Includes capital and liquidity reporting and external reporting functions. As a member of the Liquidity Investment Funding Controller (LIFC) Team, this individual will manage the controller function which administers the Firm's technical accounting programs, including Hedge Accounting, Available for Sale and Held to Maturity, and support new business growth. The candidate will have regular and direct interactions with Corporate Treasury, Financial Control Group, Accounting Policy, Technology, Operations, Market Risk, and other groups within the Firm. Primary Responsibilities - Manage, review and analyze the daily, weekly and monthly profit and loss of the hedge accounting portfolios, including compliance related items and attribution, to ensure key drivers are in line with expectations. - Requires specialized knowledge in Cashflow Hedge Accounting, Available for Sale and Held to Maturity accounting. - Manage the month-end close reconciliations and processes, escalating and resolving issues with senior management (inclusive of balance sheet substantiation). - Assist in the preparation of related 10Q/10K disclosures and quarterly management reporting. - Partner with Accounting Policy issues with respect to ASC815 matters. - Initiate process reengineering, improve efficiency, and work to improve IT systems. - Ad hoc projects will be assigned and involve advising with Corporate Treasury, Corporate Risk Management, IT, etc. (e.g., new systems functionality testing, improving attribution). - Manage a deployed team. Qualifications - Previous management experience preferred. - Capital Markets product controls experience preferred. - ASC815 Hedge Accounting experience required. - +7 years experience in relevant fields. - Demonstrable leadership qualities with a strong work ethic and team player mentality. - A strong controls background with the ability to design new controls and to challenge the operating effectiveness of existing controls. - Willingness to take initiative to develop and improve processes. - Proficiency with Microsoft Office. - Adept at working in a fast-paced, high-energy level environment. - Excellent communication skills, both verbal and written. - Strong analytical skills. What you can expect from Morgan Stanley: We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services. All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren’t just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences. Wherever you are in our 1,200 global offices, you’ll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. To learn more about our offices across the globe, please copy and paste into your browser. WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste into your browser. Expected base pay rates for the role will be between $120,000 and $205,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs. Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences. For more information, please visit: At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society. What We Do