Internal Audit Officer - Focus: Financial Risk Management

514 Morgan Stanley Europe SE; Frankfurt; On-site; EUR 120,000 - 170,000; Full time

Benefits offered by this job

Flexible working arrangements

Job summary

Morgan Stanley Europe SE is seeking an experienced professional to join the Internal Audit team in Frankfurt as a Vice President and Audit Coverage Manager, leading coverage of Financial Risk Management within the MSESE Group.

The role requires a minimum of ten years in financial services, deep FRM knowledge, and strong audit discipline. You will partner across borders, mentor teams, and drive risk-based assurance while aligning with global standards.

Qualifications

• Minimum of 10 years of relevant financial services experience.
• Advanced knowledge of Financial Risk Management concepts, methodologies and applicable regulations.
• Ability to articulate risk and impact clearly to different audiences.
• Experience auditing fully regulated German banking entities preferred.
• Certifications like CIA, CFA, FRM or CQF are preferred.

Responsibilities

• Formulate and lead a wide range of assurance activities to assess risks and controls.
• Proactively identify risk and emerging risk and factor into risk assessments and coverage.
• Articulate actionable insights to management regarding risk criticality and impact.
• Partner with colleagues globally to drive effective working relationships.
• Align projects with department priorities and oversee delivery per audit standards.

Skills

Financial risk management

Audit principles

Risk assessment

Data analysis

Project management

Stakeholder management

Regulatory communication

Coaching mentoring

Communication

German banking regulations

Education

CIA/CFA/FRM/CQF preferred

Job description

We're seeking an experienced candidate to join our Internal Audit team as a Vice President and Audit Coverage Manager leading coverage of Financial Risk Management within the MSESE Group based in Frankfurt. The Financial Risk Management audit team performs audits of the Second Line of Defense to form a view on the effectiveness of controls operating within Firm Risk Management. 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 inspecting controls in front, middle and back offices.

What you'll do in the role:

• 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

What you'll bring to the role:

• A minimum of ten years of relevant financial services experience
• Advanced knowledge of Financial Risk Management core concepts, methodologies and applicable regulations, with a preference for those with experience of auditing fully --regulated German Banking entities
• 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 coach and mentor others and create an inclusive work environment for team
• Experience communicating with regulators
• Relevant certifications (e.g., CIA, CFA, FRM, CQF) preferred

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements:

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.

At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society.