Legal OPT Jobs in Maryland

INTRODUCTION

We’re seeking someone to join our Wealth Management Controllership team as an Associate in the Finance Division to support the WM Finance controller team by performing various daily, weekly, and monthly deliverables to ensure accurate books and records of the segment. The selected candidate will also assist in enhancing current processes and reporting along with supporting new or ongoing finance initiatives.

In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm’s financial and capital resources. This is an Associate level position within the Product Controllers Job Family which specializes in ensuring adequacy of controls, profit and loss, balance sheet reporting, and reconciliations for a segment / business / product area. Includes management reporting across the business segments (ISG, WM & IM) and cross-functional roles with end-to-end product oversight, including Wealth Management products.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

ROLE AND RESPONSIBILITIES

What you'll do in the role:

• Collaborate with a diverse group of colleagues in Finance, including Legal Entity & Regulatory teams, CFO teams, Business Unit, Operations, and Technology.
• Issue full time cycle of P&L and Balance sheet reporting (daily, monthly & Quarterly).
• Involved in completing the month-end general ledger close processes including the creation of journal entries and providing an analytical assessment of P&L and Balance.
• Bring a clear understanding of accounting principles that will help execute accurate and timely accrual postings, managing the amortization of prepaid expenses, and performing reconciliations that ensure the accuracy and completeness of our financial data.
• Support the development of internal management reporting for Wealth Management products that is delivered to Business and Finance Management.
• Lead continuous improvement of the control environment.
• Provide support on ad-hoc projects and analysis as required.
• Adhere to the Firm’s risk and regulatory standards, policies, and controls.
• Act as a culture carrier, embodying the Firm's values and holding yourself accountable to Firm standards.

BASIC QUALIFICATIONS

What you'll bring to the role:

• Finance Knowledge: In-depth understanding of Accounting & Finance, financial products, client segments, and technical skills, as well as industry and competitive environment.
• Attention to Detail: Results-oriented with capacity and desire to work both at a strategic and detailed analysis level.
• Educational Background: BS/BA degree with Finance and/or accounting experience required.
• Experience: 2-5 years of post-college experience in the financial services industry, prior experience in a Product Control / Legal Entity Control role is preferred.
• Interpersonal Skills: Ability to collaborate cross-functionally on various projects and new initiatives.
• Self-Starter: Ambitious, self-motivated individual, strong work ethic, positive attitude, and the ability to work both independently and as part of a team.
• Technical Skills: Strong working knowledge of MS Office, with an emphasis on Excel, Word, and PowerPoint.
• Communication Skills: Highly skilled communicator, both written and verbal.

COMPENSATION

• Salary range for the position: $60,000-$90,000/ Yr.
• The successful candidate may be eligible for an annual discretionary incentive compensation award.
• The successful candidate may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component.

Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

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.

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.