We're seeking someone to join our team to evaluate risks and controls across the Institutional Securities Group (ISG) Underwriting businesses, providing independent assurance over a diverse range of equity and debt products, processes, and strategic initiatives.
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. This is a Director level position within Business Audit, which is responsible for inspecting controls in front, middle and back offices.
Location: New York, NY (4x per week in office)
What you'll do in the role:
- Formulate and lead a wide range of assurance activities to assess risks within coverage area and the state of controls in place to mitigate them
- Proactively identify risk and emerging risk, and factor into 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
What you'll bring to the role:
- Advanced knowledge of industry, global markets, and regulations relevant to coverage area
- 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
- At least 6 years' relevant experience would generally be expected to find the skills required for this role
- Relevant certifications (i.e., CIA, CFA, CPA, CIDA, etc.) preferred
Expected base pay rates for the role will be between $135,000 and $202,500 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.
