Accounting and Regulatory Policy

  • Competitive
  • New York, NY, USA
  • Permanent, Full time
  • Morgan Stanley USA
  • 21 Oct 18

Accounting and Regulatory Policy

Company Profile:
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.

Department Profile:
The Finance Division 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.

Job Overview
This individual will be a member of the Global Advisory and Policy group and be responsible for the following as it relates to U.S. GAAP and Basel/Federal Reserve regulatory capital standards:
-Monitoring and interpreting various emerging technical issues
-Working with the various business units and corporate functions to analyze transactions and advise on the application of existing and evolving standards
-Producing and maintaining policies, technical guidance and training that is distributed and presented Firm-wide

Responsibilities
-Monitor emerging accounting and regulatory capital issues through interacting with various industry groups, liaising with certain standard setters and regulatory bodies, and discussing with internal stakeholders
-Assist the business units and corporate functions in assessing the impact of evolving standards to Morgan Stanley's businesses and coordinate the implementation of new standards
-Interact with business units and corporate functions related to new transactions to advise on accounting and regulatory capital issues
-Apply U.S. GAAP and regulatory capital standards to transactions and document accounting and regulatory capital analyses and conclusions
-Develop accounting and regulatory capital policies and periodically update policies as new guidance is issued
-Participate in development of training on technical topics and presentation to the global Finance Division
-Review the Firm's SEC 10-Q/10-K report prior to filing

Qualifications:

Skills Required
-5-8 years of experience; at least 4 years in public accounting is preferred
-Undergraduate degree in Accounting (or equivalent) and CPA license
-Financial Services/Banking/Capital Markets industry experience is a plus
-Regulatory capital experience is a plus, but not required
-Effective interpersonal communication and confidence interacting with senior management across and outside of the Finance Division
-Ability to work effectively individually, escalate as necessary, and collaborate in a team environment
-Proactive and able to manage multiple priorities effectively
-Strong writing and oral communication skills
-Excel, Word, Powerpoint

Travel Requirements
-Minimal