Internal Audit Vice President - Institutional Securities Group (Fixed Income - Valuations)

About the role

We're seeking a Vice President to lead audit coverage of valuation risk across the Fixed Income business. 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.

Responsibilities

• Formulate and lead a wide range of assurance activities to assess valuation risks within coverage area and the state of controls in place to mitigate them
• Proactively identify risk and emerging risk, and factor into risk assessment and assurance coverage
• Articulate actionable insights to management regarding criticality and impact of risks to the business
• Effectively partner with colleagues and stakeholders globally to drive effective working relationships
• Align projects and initiatives with department and coverage area priorities, and oversee team's execution of deliverables in accordance with audit methodology and quality standards
• Proactively connect metrics and other information across valuation, market risk, models, and P&L to inform perspectives on valuation risk and controls

Requirements

• Advanced knowledge of industry, global markets and regulations relevant to coverage area
• Advanced knowledge of fixed income financial products, the related valuation, and key market risk sensitivities
• Strong understanding of the P&L attribution fundamentals
• Strong understanding of audit principles, methodology, tools and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
• Ability to articulate risk and impact clearly and succinctly to different audiences
• Effective change and project management techniques and ability to support teams in adapting new ways of working
• Ability to leverage and analyze data to inform focus and views on risk
• Ability to coach and mentor others and create an inclusive work environment for team

Qualifications

• At least 6 years' relevant experience would generally be expected to find the skills required for this role
• Relevant certifications (i.e., CIA, CPA, CFA, SIE, CIDA, CAIA) preferred

Skills

• Advanced knowledge of industry, global markets and regulations relevant to coverage area
• Advanced knowledge of fixed income financial products, the related valuation, and key market risk sensitivities
• Strong understanding of the P&L attribution fundamentals
• Strong understanding of audit principles, methodology, tools and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
• Ability to articulate risk and impact clearly and succinctly to different audiences
• Effective change and project management techniques and ability to support teams in adapting new ways of working
• Ability to leverage and analyze data to inform focus and views on risk
• Ability to coach and mentor others and create an inclusive work environment for team

Benefits

At Morgan Stanley, you can expect:

• Comprehensive employee benefits and perks
• Opportunity to move about the business
• Supportive and empowering work environment

Pay

Expected base pay rates for the role will be between $135,000 and $202,500 per year at the commencement of employment.

Schedule

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