ISG Finance Brokerage and Clearing
Trading Fee Controller
Are you interested in getting insight into controlling Morgan Stanleys trading fees We are looking for a new colleague to join our Brokerage and Clearing team based in Budapest. You can work closely with external brokers traders and provide reports to senior management and trading desks. Join us if you are looking for process automation and development opportunities.
Team Profile: The Budapest Trading Fees Controlling team within the Finance department is responsible for expense management and control for trading related fees communication with broker firms exchange and clearing houses and Morgan Stanley Finance Controller groups. We cover month end closing tasks variance and trend analysis GL account reconciliation invoice reconciliation and payment and delivering on ad hoc requests from Finance management and Business Units/Trading desks.
We offer:
>The chance to work in the Finance department of one of the worlds top tier Financial Institutions and gain first-hand insight into the business
>A competitive compensation and benefit package
>Open minded and welcoming environment where your ideas are taken seriously
>Continued professional development based on your career interests
>The ability to grow and shape your own career
>Outstanding corporate and team culture
>Professional development opportunities including access to Morgan Stanleys world-class internal trainings financial and study-leave support for selected professional qualifications (CFA ACCA FRM)
>Opportunity to work from home and excellent work conditions when working from the office
>Support in your career development by providing mentoring opportunities
You will:
>Perform month-end close activities (accruals allocations variance analysis)
>Work together with a broader team to make sure our books and records are correct
>Communicate regularly with counterparts (Broker companies)
>Complete invoice reconciliations and payments to keep outstanding invoices on a low level
>Interact with internal controllers operations and traders to resolve any trade related issues
>Resolve any issues with Accounts Payable to avoid delays in payment
>Provide detailed analyses on monthly quarterly and yearly expense variances define main drivers and support Business Unit monthly reporting
>Respond to ad-hoc reporting requests to Business Units to support decision making and advise on client requests
>Work on data quality improvement data analysis and automation. You have:
>Bachelors or Masters degree or equivalent in Finance/Accounting or related fields with 3 years of experience
>Advanced understanding of Finance functional area product and/or client segment and technical skills as well as of industry and competitive environment
>Understanding of accounting principles
>Ability to articulate risk and impact to various audiences and create plans to mitigate those risks
>Fluent spoken and written English
>Ability to communicate effectively across all levels
>Analytical and technical mindset pro-active attitude
>Experience in SAP reporting tools is an advantage
>Database experience (Sybase SQL VBA) is an advantage
About us: Morgan Stanley provides a superior foundation for building a professional career - a place for people to learn achieve and grow. You will be exposed to a truly international and multi-cultural environment that appreciates and respects individuality. Our state-of-the-art offices in the City Centre have been designed to maximise collaboration.
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.
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 thats differentiated and weve 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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres also ample opportunity to move about the business for those who show passion and grit in their work.
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Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
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 maximize 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.