Hungary Job Openings

Morgan Stanley

Trading Fee Controller

Budapest

CONTRACT

October 2, 2024

Trading Fee Controller

Job Number:
3260011

POSTING DATE: Oct 2, 2024

PRIMARY LOCATION: Europe, Middle East, Africa-Hungary-Budapest

JOB: Accounting/Finance

EMPLOYMENT TYPE: Contract Consultant

JOB LEVEL: Consultant

DESCRIPTION

Are you interested in getting insight into controlling Morgan Stanley’s 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.

We offer:

The chance to work in the Finance department of one of the world's 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 Stanley’s 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
Contingent/Leased assignment working onsite at Morgan Stanley
Contract via 3rd party agency

You will:

Communicate regularly with counterparts such as exchange and clearing houses for EMEA and APAC, client connectivity vendors worldwide
Track and monitor settlement activity across all regions.
Complete invoice reconciliations and payments to keep the level of outstanding balances at a low level
Interact with internal controllers, operations and traders to resolve any trade related issues
Create ad hoc reports to support decision makers in controlling costs
Work closely with automation and data analytics experts to enhance data quality
Provide support for analyses on monthly, quarterly, and yearly expense variances, define main drivers

QUALIFICATIONS

You have:

Bachelor's degree or equivalent in Finance/Accounting or related fields with 1+ years of experience
Understanding of financial products and accounting principles
Fluent spoken and written English
Ability to communicate effectively across all levels
Analytical and technical mindset, pro-active attitude
Experience with reporting and data analysis tools (Power BI, Power Query, Alterxy, Tableau)

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.

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.

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