Internal Audit, Executive Director - Data Governance

Morgan Stanley•New York, NY

12d•$165,000 - $275,000•Onsite

About The Position

We're seeking someone to join our team as an Executive Director who will have responsibility as the Audit Coverage Director (ACD) leading all Data Governance audit coverage and assurance activities, including Data Quality, Data Privacy, and Information Management, for the Firm, including U.S. Banks and other legal entities globally. The Morgan Stanley Internal Audit Data Governance function is responsible for planning and coordinating year-round audit work on Data Governance, collaborating effectively with Internal Audit Staff members within the Business, Finance, Non-Financial Risk (NFR), and Technology teams. This role will report to the Heads of Audit Coverage for Finance and NFR. 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 an Executive Director level position within Business Audit, which is responsible for inspecting controls in front, middle and back offices. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. Location : New York, NY (4x per week in office) Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...

Requirements

Minimum 12 - 15 years' experience, with technical understanding of Data Governance concepts and methodologies, preferably having worked in Finance or Non-Financial Risk Management internal audit in a major bank/financial institution with trading activities
Extensive knowledge of Data Governance as well complex risks, emerging risks and relevant regulations
Deep understanding of audit principles and various assurance techniques
Ability to articulate complex risks in a clear and concise manner and guide team in their communication
Ability to provide effective coaching, real-time feedback, and stretch and development opportunities to help team achieve success
Ability to create a work environment that fosters trust, idea sharing, and inclusion among team members
Significant experience overseeing resource utilization and monitoring progress against deliverables
Experience in dealing with regulators and understanding their expectations for documentation, closure verification work and coverage of relevant regulatory requirements
4-year college degree in a business discipline (e.g., Finance, Economics, Accounting)

Responsibilities

Identify risk and emerging risks applicable to Data Governance, and develop and prioritize assurance plan and activities accordingly
Oversee coverage strategy for Data Governance for the Firm and U.S Banks from end to end, and ensure that management focus areas and relevant regulatory requirements are adequately scoped into audits, risk assessments and reviews
Coach and support team in identifying the most appropriate inspection techniques based on the identified risks
Convey increasingly complex risks and impact in a clear, concise and timely manner to senior stakeholders, including but not limited to the Board Audit Committee, Firm and U.S. Banks senior management and external stakeholders (e.g., FRB, OCC, and other regulators)
Encourage and support employees in the adoption of new assurance tools and techniques
Identify and leverage a range of relevant data sources to generate insights on risks and to facilitate discussions about the implications for the Firm
Enable the team to deliver high-quality work and navigate through peak work periods and deadlines
Oversee resource utilization, monitoring and progress against targets
Build and maintain senior business relationships to assist in the development, planning and/or performing of audits focusing on all aspects of Data Governance.
Represent Data Governance Audit on relevant senior-level committees and other governance forums.
Oversee performance management for team members covering Data Governance audits