Internal Audit Director - Risk Management (Capital Planning)

Morgan Stanley • New York, NY

10d • Hybrid

About The Position

We're seeking someone to join our team as a Director on the Risk Management Capital Planning audit team to lead assurance activities related to firmwide Capital Planning, including risk identification, scenario design, stress loss projections and risk reporting for U.S. and EMEA audits. 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. Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions and individuals around the world achieve their financial goals. Location : NYC (Hybrid 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

• Advanced knowledge of industry, global markets, and regulations relevant to capital rules, especially related to stress testing and Capital Planning
• 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 manage staff assignments and 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 in financial services would generally be expected to find the skills required for this role
• Strong understanding of financial Products and overall risk management processes and controls
• Experience auditing capital planning, CCAR (US), ICAAP, credit risk, counterparty risk, market risk, stress testing or general trading risks, demonstrating an ability to challenge stress loss design and controls over its implementation, or working as a risk manager within a bank’s Risk Management department

Nice To Haves

• Relevant certifications (i.e., CIA, CPA, CFA, FRM, etc.) preferred

Responsibilities

• 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 This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees