Internal Audit Vice President - Institutional Equities (Prime Brokerage) Division
About The Position
We're seeking someone to join our team as a Vice President to lead Internal Audit assurance activities of the Institutional Equities Division (IED). The successful candidate will lead the North America IED audit team in completing its annual audit plan, communicating to senior management and providing recommendations for improvements that make a meaningful and positive impact on the bank’s control environment across all sales and trading, infrastructure support, and control group functions. 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 Vice President 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)
Requirements
- In-depth understanding of the operation of the equity markets, financial instruments and strategies, business drivers specific to the line of business, with a preference on Prime Brokerage and the associated regulatory environment.
- 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 support teams in adapting new ways of working
- Ability to leverage and analyze data to inform focus and views on risk
- Ability to lead, coach and mentor others and create an inclusive work environment for team
- At least 6 - 8 years' relevant experience would generally be expected to find the skills required for this role
Nice To Haves
- Experience in capital market related products preferred
- Preferably CPA, CIA, ACA, ACCA or other accounting qualification
- Preferably CFA, FRM or other financial/risk qualification
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 risk assessment and 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
