What are the responsibilities and job description for the Internal Audit Director - Operational Risk position at Morgan Stanley?
We're seeking an experienced Audit professional to join our Operational Risk audit team as a Director to execute various assurance activities in order to assess risk and formulate a view on the control environment for Morgan Stanley’s U.S. Banks.
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 (Hybrid 3x per week in office)
Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...
What you'll do in the role:
· 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
Qualifications
What you'll bring to the role:
· At least 4 years' relevant experience would generally be expected to find the skills required for this role
· 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)
· Ability to identify and analyze multiple data sources to inform point of view
· Ability to ask meaningful questions, understand various viewpoints and adapt messaging accordingly
· A commitment to practicing inclusive behaviors
Salary : $90,000 - $185,000
