Associate
Morgan Stanley
About the Role
This position is based out of the New York, NY office location. The Financial Planning & Analysis (FP&A) function within U.S. Banks is responsible for producing the Annual Strategic Plan and periodic forecasts, leading Balance Sheet and Income Statement efforts for the Banks Annual and Quarterly Stress Test (AST/QST) submissions to the OCC, and providing U.S. Banks management teams with key financial and strategic analysis to support the Banks global businesses.
Key Responsibilities
- Support the preparation and analysis of financial forecasts, budgets, and long-term plans for the U.S. Banks (Balance Sheet, P&L, RWA, capital ratios, capital allocation, etc.), ensuring accuracy and alignment with corporate objectives.
- Support the end-to-end Balance Sheet and PPNR processes for CCAR/Annual/Quarterly Stress Test and Resolution Planning submissions, including financial modeling and analysis, risk identification, documentation, and governance efforts.
- Utilize multiple data sources to create management reporting including Balance Sheet analysis, Revenue & Expense analysis, and Key Risk Indicators.
- Perform financial analysis to support decision-making and assist with the preparation of materials for the U.S. Banks' Chief Financial Officer, Senior Management, Boards of Directors, and Regulators.
- Contribute to process improvement and automation initiatives to enhance efficiency, data integrity, and analytical capabilities.
- Collaborate with Business Units, Corporate and Segment FP&A, Controllers, Treasury, Capital, Risk Management, and others in support of the U.S. Banks deliverables.
Qualifications
- Bachelor's degree in Accounting, Finance, Economics, Statistics, Data Analytics, or a related field.
- Strong analytical, problem-solving, and project management skills with high attention to detail.
- Strong quantitative skills and the ability to learn new reporting applications quickly.
- Ability to support multiple projects and deadlines with a high degree of flexibility.
- Knowledge of financial forecasting and planning concepts.
- Familiarity with bank regulatory capital or stress testing is preferred.
- Effective written and verbal communication skills, with the ability to collaborate across teams and communicate with different audiences.
Requirements & Tech Stack
- Excel and PowerPoint proficiency.
- Experience with Planning Analytics for Excel (TM1) application is a plus.