Internal Audit Quality Assurance & Improvement, Vice President

Description

Morgan Stanley's Internal Audit Department reports to the Firm's Board Audit Committee and comprises financial/ technology and risk auditors. Our mission is to be recognized as a strong and high performing audit function that is viewed as a trusted authority and advisor to the Board/ Firm management and industry regulators in assessing and strengthening the Firm's control environment. Internal Audit provides independent assurance on the quality and effectiveness of Morgan Stanley's internal control/ risk management and governance systems and processes.

Morgan Stanley is seeking a strong candidate for the Audit Transformation group reporting to the Head of Transformation. The candidate will be responsible for leading the development of the Agile framework for Internal Audit execution activities. The role will establish an organizational change model/methodology for Agile rollout and execute change management strategies and plans in support of transformation initiatives.

Background on the Position

Morgan Stanley is seeking an Audit Professional to join its Internal Audit Quality Assurance and Improvement group. The successful candidate will be a member of Internal Audit and will help ensure that audit and regulatory requirements are being met in accordance with set standards. This position will be located in London or New York, NY.

About Morgan Stanley

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

• Evaluate Internal Audit's adherence to department policies and standards, professional practices standards, and regulatory guidance through various types of quality assurance (QA) reviews and continuous monitoring.
• Effectively challenge the identification and assessment of key business and functional risks
• Enhance and/or develop QA programs; execute QA programs; and review completed QA programs.
• Lead meetings with auditors at all levels and discuss QA observations
• Communicate QA results to Senior Management in a clear and concise manner, both written and verbal
• Draft high-quality QA Reports and other stakeholder reporting
• Oversee QA issues management process and timely completion of QA-owned closure verification
• Drive completion of Quality Assurance & Improvement initiatives
• Respond to regulatory inquiries and liaise with stakeholders to successfully fulfill regulatory requests
• Manage competing priorities in a fast-paced environment

Qualifications

What we’re looking for:

• Audit, financial, technology, or regulatory experience within the financial services industry.
• Previous audit experience with a complex or medium size bank, broker dealer
• Proficient understanding of the internal audit process including risk assessments, planning, reporting, continuous monitoring, and closure verification.
• Ability to multi-task various projects and deadlines.
• Strong verbal and written communication skills for discussions with Senior Audit Management.
• B.S. degree or equivalent in business including Finance or Accounting
• Prior experience communicating with regulators is a plus.
• CPA, CIA or other related licensing a plus.

Flexible work statement:

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Equal opportunities statement:

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.

For further information, and to apply, please visit our website via the “Apply” button below.