Morgan Stanley

Internal Audit Vice President - Capital Markets, Fixed Income

Morgan Stanley$135K — $202K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Advanced knowledge of industry, global markets, and relevant regulations
  • Expertise in fixed income financial products and their valuation
  • Understanding of P&L attribution fundamentals
  • Strong grasp of audit principles and methodology
  • Ability to articulate risk and impact to diverse audiences
  • Effective change and project management skills
  • Proficient in leveraging data to assess risk
  • Assessment of candidates typically requires at least 6 years of relevant experience
  • Relevant certifications (CIA, CPA, CFA, etc.) preferred

Responsibilities

  • Lead audit assurance activities to assess valuation risks
  • Identify and assess both current and emerging risks proactively
  • Provide actionable insights to management about risks
  • Collaborate effectively with global colleagues and stakeholders
  • Ensure team alignment with project priorities and deliverables
  • Connect metrics across various aspects to evaluate valuation risk
  • Oversee execution of audit methodologies and quality standards

Benefits

  • Comprehensive employee benefits and perks
  • Support for work-life balance
  • Opportunities for internal movement and growth
  • Diversity and inclusion initiatives
  • Collaboration in a supportive work environment
Full Job Description
We're seeking someone to join our team as a Vice President to lead audit coverage of the Fixed Income trading 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. 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 Vice President 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 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 infrastructure and control functions to inform and formulate perspectives on risks and controls

What you'll bring to the role:

  • Advanced knowledge of the financial industry, global markets and regulations relevant to the fixed income trading businesses
  • Advanced knowledge of fixed income financial products, the related financial and non-financial risks, and the end-to-end trade lifecycle controls performed by the business and risk management functions
  • 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, CPA, CFA, SIE, CIDA, CAIA) 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.

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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