Internal Audit, Executive Director - Data Governance

About the role

We are seeking an Executive Director to lead all Data Governance audit coverage and assurance activities for Morgan Stanley, including U.S. Banks and other legal entities globally. This role reports to the Heads of Audit Coverage for Finance and Non-Financial Risk (NFR).

Responsibilities

• Identify risk and emerging risks applicable to Data Governance, and develop and prioritize assurance plan and activities accordingly
• Oversee coverage strategy for Data Governance for the Firm and U.S. Banks from end to end, ensuring management focus areas and relevant regulatory requirements are adequately scoped into audits, risk assessments, and reviews
• Coach and support team in identifying the most appropriate inspection techniques based on the identified risks
• Convey increasingly complex risks and impact in a clear, concise, and timely manner to senior stakeholders, including the Board Audit Committee, Firm and U.S. Banks senior management, and external stakeholders (e.g., FRB, OCC, and other regulators)
• Encourage and support employees in the adoption of new assurance tools and techniques
• Identify and leverage a range of relevant data sources to generate insights on risks and facilitate discussions about the implications for the Firm
• Enable the team to deliver high-quality work and navigate through peak work periods and deadlines
• Oversee resource utilization, monitoring, and progress against targets
• Build and maintain senior business relationships to assist in the development, planning, and/or performing of audits focusing on all aspects of Data Governance
• Represent Data Governance Audit on relevant senior-level committees and other governance forums
• Oversee performance management for team members covering Data Governance audits

Requirements

• Minimum 12 - 15 years' experience, with technical understanding of Data Governance concepts and methodologies, preferably having worked in Finance or Non-Financial Risk Management internal audit in a major bank/financial institution with trading activities
• Extensive knowledge of Data Governance as well as complex risks, emerging risks, and relevant regulations
• Deep understanding of audit principles and various assurance techniques
• Ability to articulate complex risks in a clear and concise manner and guide team in their communication
• Ability to provide effective coaching, real-time feedback, and stretch and development opportunities to help team achieve success
• To create a work environment that fosters trust, idea sharing, and inclusion among team members
• Significant experience overseeing resource utilization and monitoring progress against deliverables
• Experience in dealing with regulators and understanding their expectations for documentation, closure verification work, and coverage of relevant regulatory requirements

Qualifications

• 4-year college degree in a business discipline (e.g., Finance, Economics, Accounting)

Skills

• Technical understanding of Data Governance concepts and methodologies
• Extensive knowledge of Data Governance and complex risks, emerging risks, and relevant regulations
• Deep understanding of audit principles and various assurance techniques
• Ability to articulate complex risks in a clear and concise manner and guide team in their communication
• Ability to provide effective coaching, real-time feedback, and stretch and development opportunities to help team achieve success
• Experience in dealing with regulators and understanding their expectations for documentation, closure verification work, and coverage of relevant regulatory requirements

Benefits

• Comprehensive employee benefits and perks
• Opportunity to move about the business for those who show passion and grit in their work

Pay

• Expected base pay rates for the role will be between $165,000 and $275,000 per year at the commencement of employment.

Schedule

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