Director, Internal Audit (Operational Risk Team)

About the role

The Internal Audit Division (IAD) drives attention and resources to vulnerabilities by providing an independent and well-informed view and impactful messages about the most important risks facing our Firm. This is accomplished by performing a range of assurance activities to independently assess the quality and effectiveness of Morgan Stanley’s system of internal control, including risk management and governance systems and processes. IAD serves as an objective and independent function within the Firm’s risk management framework to foster continual improvement of risk management processes.

Responsibilities

• Help identify risk and impact to relevant coverage area to prioritize areas of focus
• Execute and lead aspects of assurance activities (e.g., audits, continuous monitoring, closure verification) to assess risk and formulate a view on the control environment
• Facilitate conversations with stakeholders on risks, their impact and how well they are managed in a clear, timely and structured manner
• Assist in managing multiple deliverables in line with team priorities
• Solicit and provide feedback and participate in formal and on-the-job training to further develop self and peers
• Identify and assess risks and control gaps within assigned coverage areas, supporting the development of audit findings and overall conclusions

Requirements

• Understanding of business line and key regulations relevant to coverage area
• Strong understanding of audit principles, methodology, tools, and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
• Able to identify and analyze multiple data sources to inform point of view
• Able to ask meaningful questions, understand various viewpoints and adapt messaging accordingly
• A commitment to practicing inclusive behaviors
• Strong written and verbal communication skills, with the ability to clearly articulate observations and risks
• Able to work collaboratively while managing individual deliverables in a fast-paced environment

Qualifications

• At least 4 years' relevant experience would generally be expected to find the skills required for this role
• Relevant certifications (i.e., CIA, CPA, etc.) preferred

Skills

Understanding of business line and key regulations relevant to coverage area
Strong understanding of audit principles, methodology, tools, and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
Able to identify and analyze multiple data sources to inform point of view
Able to ask meaningful questions, understand various viewpoints and adapt messaging accordingly
A commitment to practicing inclusive behaviors
Strong written and verbal communication skills, with the ability to clearly articulate observations and risks
Able to work collaboratively while managing individual deliverables in a fast-paced environment

Benefits

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

Pay

Expected base pay rates for the role will be between $108,00 and $154,500 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.

Schedule

Location: New York, NY (4x per week in office)