Morgan Stanley

US Banks DFAST Actuals Lead

Morgan Stanley • $150K — $265K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, Business, or related field; CPA, CFA, or advanced degree preferred.
  • At least 8 years of relevant experience in finance or regulatory reporting within a banking organization.
  • Advanced understanding of U.S. bank regulatory reporting, stress testing, and capital planning frameworks.
  • Strong technical skills and ability to manage complex regulatory deliverables.
  • Experience in managing regulatory examinations and internal audits.

Responsibilities

  • Collaborate with Finance and cross-functional teams to drive regulatory initiatives.
  • Lead the U.S. Banks DFAST readiness program, ensuring compliance and governance.
  • Develop and enhance policies and control frameworks for regulatory reporting processes.
  • Identify and implement process improvements and automation opportunities.
  • Represent U.S. Banks Finance in senior management forums and governance committees.

Benefits

  • Comprehensive health and wellness programs.
  • Retirement savings plans with company matching.
  • Professional development and training opportunities.
  • Flexible work arrangements and work-life balance initiatives.
Full Job Description

We're seeking someone to join our U.S. Banks Finance team to lead key aspects of DFAST readiness, and eventually lead other regulatory reporting initiatives which reflect the Banks' expanded product set and geographic footprint.

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 Executive Director level position within the Portfolio & Change Management job family which manages strategic change management, process re-engineering, and establishment of control procedures for projects. Focus on milestone delivery across projects, manage risks and issues that impact program objectives, and facilitate communication across related projects and impacted stakeholders to keep programs on track.


What you'll do in the role:
- Collaborate with a varied group of colleagues in Finance and across the Firm
- Lead end-to-end processes and/or programs that require complex decision making, advanced understanding of client and stakeholder needs and subject matter expertise
- Understand and adhere to the Firm's risk and regulatory standards, policies and controls; own risk and contingency plans for business area
- Act as a role model and culture carrier; embody and set an example of the Firm's values and hold yourself and team accountable to Firm standards
- Lead key aspects of the U.S. Banks DFAST readiness program, including execution, governance, controls, documentation, and regulatory deliverables
- Drive the strategic expansion of regulatory reporting capabilities to support new products, legal entities, and geographic growth across the U.S. Banks subsidiaries
- Partner with Finance, Risk, Treasury, Technology, and business stakeholders to deliver scalable regulatory reporting and stress testing solutions
- Oversee the development and enhancement of policies, procedures, data governance, and control frameworks supporting regulatory reporting processes
- Manage regulatory examinations, internal audits, and remediation efforts related to regulatory reporting and stress testing
- Identify process improvement and automation opportunities to enhance reporting accuracy, efficiency, and regulatory compliance
- Represent U.S. Banks Finance in senior management forums, governance committees, and cross-functional regulatory initiatives

What you'll bring to the role:
- Advanced understanding of Finance functional area, industry, and competitive environment and technical skills, including risks and key regulations relevant to the division
- Strong technical skills
- Ability to inspire and support others by providing positive and constructive feedback and to acknowledge efforts of and promote team members
- Ability to manage risk and impact to functional area, and create plans to mitigate those risks
- Understanding of U.S. bank regulatory reporting, stress testing, capital planning, and governance frameworks, including DFAST, FR Y-14, Call Report, and related regulatory requirements
- Ability to design, implement, and enhance governance, controls, policies, procedures, and documentation supporting regulatory reporting and stress testing processes
- Experience in forecasting, financial planning and analysis, balance sheet management, capital, liquidity, or regulatory reporting within a banking organization
- Ability to manage complex regulatory deliverables, establish execution plans, and drive accountability across Finance, Risk, Treasury, Technology, and business partners
- Understanding of data governance, systems architecture, and end-to-end reporting processes supporting regulatory submissions and management reporting
- Experience in managing regulatory examinations, internal audit reviews, remediation activities, and interactions with regulatory agencies
- Bachelor's degree in Finance, Accounting, Economics, Business, or a related discipline; CPA, CFA, or advanced degree preferred.
- At least 8 years' relevant experience would generally be expected to find the skills required for this role


Expected base pay rates for the role will be between $150,000 and $265,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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