Internal Audit Director – Fixed Income (Lending)

Morgan Stanley•New York, NY
•$108,000 - $154,500•Hybrid

About The Position

The Internal Audit Director evaluates risks and controls across Morgan Stanley’s Institutional Securities Group (ISG) Lending businesses, providing independent assurance over a diverse range of products, processes, and strategic initiatives. The role sits within Business Audit, which inspects controls in front, middle, and back offices. The Internal Audit Division (IAD) independently assesses the quality and effectiveness of the Firm’s internal control system, including risk management and governance systems and processes. As an objective function within the Firm’s risk management framework, IAD helps drive attention and resources toward vulnerabilities and supports continual improvement of risk management processes. This position is based in New York, NY, with an expectation to work in the office four days per week.

Requirements

  • Understanding of the business line and key regulations relevant to the Lending coverage area.
  • Strong understanding of audit principles, methodology, tools, and processes, including risk assessments, planning, testing, reporting, and continuous monitoring.
  • Effective change and project management techniques to support teams adopting new ways of working.
  • Ability to identify and analyze multiple data sources to inform a point of view.
  • Ability to ask meaningful questions, understand different viewpoints, and adapt messaging accordingly.
  • Commitment to practicing inclusive behaviors.
  • Ability to leverage and analyze data using tools and technology such as Gen AI, Alteryx, and Power BI to form data-driven views and provide actionable insights.
  • At least 4 years of relevant experience would generally be expected to find the skills required for this role.

Nice To Haves

  • Relevant certifications, such as CIA, CFA, CPA, or CIDA.

Responsibilities

  • Help identify risks and their impact within the relevant coverage area to prioritize areas of focus.
  • Execute and lead aspects of assurance activities, such as audits, continuous monitoring, and closure verification, to assess risk and form a view on the control environment.
  • Facilitate clear, timely, and structured discussions with stakeholders about risks, their impact, and how effectively they are managed.
  • Assist in managing multiple deliverables in line with team priorities.
  • Seek and provide feedback, and participate in formal and on-the-job training to develop self and peers.

Benefits

  • Morgan Stanley-sponsored employee benefits and perks, described as attractive and comprehensive.
  • Potential commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages, depending on the position.
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