Morgan Stanley-posted 4 months ago
$160,000 - $232,000/Yr
Full-time • Executive
New York, NY
5,001-10,000 employees

We're seeking someone to join our team as an Executive Director to support coverage for the Global Financial Crimes Audit team. 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. 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: New York, NY (4x per week in office).

  • Conduct risk assessment to prioritize coverage and align coverage strategy, scope of testing, and inspection techniques accordingly.
  • Lead a wide range of assurance activities (e.g., audits, continuous monitoring, closure verification) to assess risk and the state of controls within coverage area.
  • Comprehensively articulate actionable insights regarding criticality and impact of risk and how well risk is managed to senior stakeholders and regulators.
  • Identify KRIs/KPIs and associated data sources to inform views on risk within coverage area.
  • Collaborate with global peers to identify and discuss risk themes and implications across business segments.
  • Serve as the central point of contact for financial crimes subject-matter to advise internal business and functional coverage teams.
  • Help inform and address talent needs within coverage area, and identify stretch and development opportunities for team members.
  • Manage effective deployment and utilization of resources across assurance activities and deliverables.
  • Develop and oversee the annual Global Financial Crimes audit plan in alignment with organizational objectives.
  • Act as a liaison with regulatory authorities during inspections or audits.
  • Advanced understanding of coverage area and industry, including risks, emerging risks, and relevant regulations.
  • In depth knowledge of Anti-Money Laundering (AML)/Bank Secrecy Act (BSA)/Sanctions, Anti-Bribery and Corruption (ABC), Government and Political Activities Compliance (GPAC), and Anti-Tax Evasion (ATE).
  • In-depth knowledge of global compliance regulations and industry practices for international institutions (i.e., risk assessments, program governance, KYC/CIP/CDD/EDD, suspicious activity monitoring and reporting (SARs/CTRs), screening/economic sanctions).
  • Expertise in audit principles, methodology, tools, and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring).
  • Ability to analyze data and prioritize coverage and assurance activities based on the critically of risk.
  • Ability to inspire and support others to do their best work through active coaching, feedback, and development opportunities, and by ensuring trust and inclusion among team members.
  • Experience in overseeing resource utilization and monitoring progress against deliverables.
  • Professional certifications such as Certified Internal Auditor (CIA), Certified Compliance & Ethics Professional (CCEP), or Certified Fraud Examiner (CFE) are highly desirable.
  • Certification by the Association of Certified Anti-Money Laundering Specialists (ACAMS) preferred.
  • At least 8 years' relevant experience would generally be expected to find the skills required for this role.
  • Comprehensive employee benefits and perks.
  • Opportunities for professional development and career advancement.
  • Support for employees and their families at every point along their work-life journey.
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