Financial Control Group - Asia Pacific
An overview of this program’s objectives and how you can benefit The Financial Control Group (FCG) manages the firm’s risk by implementing financial controls over the firm’s business activities. FCG is responsible for Morgan Stanley’s financial records, ensuring that the assets and liabilities of the firm are properly controlled, and providing accurate and timely financial information to senior management as well as to statutory and regulatory bodies. FCG acts as CFO to the business units, providing profitability analysis, business plans, and budgets supporting current and future business initiatives. FCG partners with Information Technology and Operations to establish a solid business infrastructure. The Analyst Program in the Financial Control Group How the program works and the day-to-day experience you can expect The FCG Analyst Program runs in July. Analysts begin their career with a structured training program. The program will comprise classroom and project-based training to provide Analysts with business, technical and professional knowledge. The program’s curriculum includes: - Orientation to the firm
- An overview of securities industry
- Senior speaker seminars
- Extensive product knowledge
- Accounting and systems training
- Desk visits
- Project assignments
- Social and networking events to build the Analyst’s professional network
Upon successful completion of the training program, Analysts join assigned departments in a control, project management or operational function. In addition, Analysts are assigned peer advisors and mentors to aid in a smooth transition into organization. As an Analyst in the Financial Control Group, you will be placed within one of the following departments: GWM Controllers As an Analyst within Global Wealth Management Controllers, you may provide financial support for brokerage and investment advisory services, financial and wealth-planning services, annuity and insurance products, credit and other lending products, banking, cash management, and credit solutions, as well as retirement services and trust and fiduciary services. Institutional Securities Group As an Analyst within ISG, you will be exposed to multi-faceted and diverse business, supporting traditional Sales & Trading products, such as Fixed Income, Equity, and Investment Banking. Analysts may get involved in the expansion of more niche business such as Prime Brokerage or Securitized Products as well as new firm acquisitions. As part of the Business Control financial and key risk-control expertise in functions such as Revenue, Balance Sheet, Legal Entity, and Accounting Disclosures. The day-to-day responsibilities depend on the functional group assigned. Asset Management Controllers An Analyst within Asset Management will be responsible for providing global asset-management products and services in equities, fixed income, and alternative investment products for individual and institutional investors. Asset Management Controllers is a comprehensive finance function supporting the business unit, including the preparation of statutory accounts, regulatory accounting services, client billing, data management, and business analysis. Asset Management FCG provides guardianship and controls risk by establishing and ensuring adherence to policies, procedures, and internal controls. The group also participates in critical regulatory and internal procedure improvement initiatives. Company Controllers An Analyst coming into the Company Controller organization is joining an integral part of the firm that is comprised of groups that oversee and manage external reporting, accounting standards and controls, regulatory relations, compliant and reporting, valuation review, SOX compliance, and finance-operational risk. These groups provide the firm with technical support concerning regulatory and accounting matters, and work with various accounting bodies and industry. The Company Controller function also leads the Legal Entity Program and the Merger Integration Group, oversees the implementation of CSE/Base II, partners with an provides controller support for Human Resources, Morgan Stanley Bank, Treasury, Global Wealth Management products, and it overall regional and branch network. The regional and branch controller support provides accounting and reporting services to their respective regional units. The functions provided by the Company Controller teams are firmwide and global in nature, creating strong working partnerships across Finance and throughout the rest of our organization. Corporate Reporting Analysis As an Analyst within Corporate Reporting & Analysis, you may be responsible for consolidation of Firm Results, the Press Release, Corporate/Segment/Management/Support Services Reporting, and weekly reporting to the Board of Directors, Management Committee, and Business Management. In addition, this group is responsible for planning and providing oversight and service to the firm with forecast, planning and allocations, processes, as well as executing the monthly financial close process. Placements are communicated to the Analysts prior to their start date. Placements are based upon business needs, Analyst's preferences and feedback throughout the interview process. Developing Your Career What you can anticipate as you make progress and after completing the program Analysts can become subject-matter experts by developing and cultivating a deeper knowledge of various products, or they may manage a broader range of projects within FCG. Analysts within FCG are encouraged to take on responsibility quickly and early on in their careers. Analysts are provided with ongoing training and mentoring throughout their careers as Analysts. Is FCG Right for You? A checklist to help you decide if you have the skills and temperament for this area - You should have advanced technical and quantitative skills.
- You are skilled in Microsoft Excel and have an understanding of Access.
- You should be resourceful and able to take initiative.
- You are a team player.
- You have the ability to work on challenging assignments in a dynamic environment.
- You are able to synthesize information, distill relevant facts, and reach logical conclusions.
- You enjoy managing projects and evaluating and improving processes.
- You are an excellent communicator.
Requirements Consideration for the FCG Analyst Program requires an Accounting, Finance, Mathematics, or Economics degree with a minimum cumulative Strong candidates will also posses excellent leadership, interpersonal, communication skills. Selection Process First-round and second-round interviews will be conducted either on campus or in our Singapore office. How to Apply Please visit our website at: http://www.morganstanley.com/about/careers/recruiting/apply.html Deadlines The deadline for applying to the Full-Time FCG Analyst Program in Singapore is October 24, 2008.
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