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. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Morgan Stanley's Glasgow office employs in excess of 1,500 staff across Operations, Technology, Legal and Compliance, Internal Audit, Fund Services and Finance. Due to our growing business, we have a demand for career minded people to join our teams. Our opportunities offer unrivalled scope for progression and training within a fast paced, meritocratic and constantly changing environment. Morgan Stanley pride themselves on maintaining a culture which champions diversity, an inclusive environment for all, recognition and an opportunity to give back to our communities through various local charity partnerships. The office is located centrally and enjoys the additional benefits of an onsite gym and restaurant.
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 team.
The Glasgow Finance team is over 220 strong and spans a wide range of functions including: Product Control; Market Risk Control; Liquidity Control; Treasury Currency Management; Compensation Control; Tax; Legal Entity Control and Governance; Accounting Advisory Services; General Ledger Governance; Regulatory Reporting and Finance Risk. The variety and scope of our opportunities across all levels allows our employees to enjoy fulfilling and challenging long-term careers. In order to maintain this we require finance professionals of all levels, both qualified and non-qualified, who are committed to working in a challenging and ever evolving industry. For non-qualified candidates we actively support a number of professional qualifications.
The role is in the Finance Division's EMEA Legal Entity Governance Office (LEGO). LEGO is a global team, responsible for managing and sustaining the legal entity governance framework and its ongoing enhancements to ensure appropriate risk-based oversight for the Firm's global legal entity population.
LEGO´s responsibilities include but are not limited to:
- Management of the governance of the Firm's global consolidated legal entity population (new entity approval, rationalisation, legal entity closure)
- Establishment of appropriate governance frameworks for all consolidated and non-consolidated legal entities
- Reporting to senior management through the Firms Global and Regional Legal Entity Oversight Committees (LEOC)
- Oversight of policies and procedures impacting the Firm's legal entities and compliance with these procedures from legal entity controllers
- Global legal entity risk oversight
- Support to the Firm's recovery and resolution framework
A Director level opportunity has arisen within the LEGO team primarily focused on the governance of the Firm's global consolidated and non-consolidated legal entity populations. In addition, the role will focus on the development of a process to identify, undertake gap analysis of, and monitor compliance with, legal entity reporting and governance related policies and procedures.
The role will require engagement with key senior stakeholders in the Firm and will build and use a network of contacts internally to meet the objectives and deliverables. The candidate will work as part of the global LEGO team and will have direct interaction with the global head of the team.
- Participate in the completion and delivery of the key legal entity governance processes for the Firm's consolidated legal entities
- Assist in the identification of all Firm policies and procedures which impact legal entity risk, reporting and governance, and identify gaps in coverage
- Prepare metrics and management information for senior forums to support population and governance responsibilities and provide assurance of compliance with all legal entity related policies and procedures
- Draft materials for Regional and Global Legal Entity Oversight and Governance Committees, and prepare minutes for dissemination to management
- Oversee, and enhance as required, the processes in place to manage the consolidated legal entity lifecycle. This includes legal entity creation, repurposing, restructuring and closure
- Ensure effective monitoring of the consolidated and non-consolidated population and prepare appropriate management information; to cover data oversight; accuracy and issue resolution, and to meet external reporting requirements
- Deliver the above working effectively with key global and regional stakeholders
- Participate in the resolution of ad-hoc queries and initiatives
Candidates for the role should be a qualified accountant (CA, ACCA, CIMA) or have relevant degree or equivalent relevant experience in a risk and control environment.
- The successful candidate should be able to demonstrate a rounded commercial approach to reporting, risk and governance reporting, with ability to identify risks and issues, assess impact, suggest and implement remediation and ensure appropriate internal controls
- Proven track record of ownership and driving completion of tasks, ensuring robust explanation and evidence for results
- Review and challenge of existing processes and information
- Familiarity with analysis of large volumes of data, identifying key themes, and outliers
- Attention to detail across all work streams
- Flexibility and ability to manage a varied workload, BAU and project work, and to meet deadlines
- Maintaining relationships across a variety of senior stakeholders and business areas
- Strong interpersonal, presentation and communication skills
- Self-motivated, with a desire to succeed and develop professionally and personally
- Excellent Microsoft Excel skills and proficiency in data mining and summarising and presenting themes and results in a meaningful format
Interested 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.
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 and talents. *LI-CL3 Learn more about our culture and the opportunities for professional growth at Morgan Stanley in Glasgow on our https://www.linkedin.com/company/morgan-stanley/life/d76d12fa-ba6b-4962-9388-f9b8c53f50c0/ LinkedIn page and https://youtu.be/Ue0vNEImMyE Youtube channel. Build a career with impact. Apply today.
Internal Number: 6314836
About Morgan Stanley
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