Internal Audit, Compliance Risk, Director (AVP equivalent)

MORGAN STANLEY; Glasgow; Hybrid; GBP 120,000 - 180,000; Full time

Job summary

Morgan Stanley in Glasgow is seeking a Director (AVP equivalent) to join the Global Compliance audit team, based in Glasgow. The role covers Compliance/second line controls across Institutional, Wealth or Investment Management businesses and reports to the Internal Audit Global Head of Compliance Risk.

You will drive audits from planning through reporting, coordinate with global peers, and manage multiple deliverables while supporting continuous monitoring of Compliance Risk and KRIs.

Qualifications

• At least 4 years' experience in Compliance Risk or Testing within financial services.
• Strong understanding of audit principles, methodology, tools and processes.
• Ability to analyze multiple data sources to form a point of view.
• Excellent verbal and written communication, with senior stakeholders.
• Knowledge of regulatory expectations relevant to the coverage area.
• Commitment to inclusive behaviors and teamwork.
• Advanced data analytics capabilities, including Excel.
• Experience presenting to senior management.

Responsibilities

• Identify risk and impact to prioritise coverage areas and planning.
• Execute audits through planning, fieldwork and reporting stages.
• Partner with global peers to lead Compliance Risk assurance activities.
• Facilitate discussions with stakeholders on risks and control effectiveness.
• Manage multiple deliverables aligned with team priorities.
• Provide feedback and contribute to training and development.
• Support ongoing monitoring of Compliance Risk and KRIs with management.
• Assist in developing Audit Risk Assessments for planning.

Skills

Risk analysis

Auditing principles

Data analytics

Excel proficient

Communication skills

Senior stakeholder engagement

Regulatory knowledge

Education

Undergraduate degree in business/finance/economics/risk management

CIA/FRM/CRMA certifications preferred

Job description

Internal Audit, Compliance Risk, Director (AVP equivalent)

Glasgow

JR037292

We're seeking someone to join our team as a Director based in Glasgow in the Global Compliance audit team providing coverage of Compliance/second line controls tested as part of the firm’s Central Compliance Functions or Business Unit audits (for Morgan Stanley’s Institutional, Wealth or Investment Management businesses).

This role will ultimately report to the Internal Audit Global Head of Compliance Risk and supports both execution and project management of audits, closure verification and continuous monitoring activities.

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 within Business Audit, which is responsible for inspecting controls in the front, middle and back offices.

What you'll do in the role:

• Help identify risk and impact to relevant coverage area to prioritize areas of focus
• Participate in all stages of an audit through execution of planning, fieldwork and reporting related work (including walkthroughs, testing, issue and report writing, project management etc.)
• Partner with global peers to execute and lead aspects of Compliance Risk assurance activities (e.g., audits, continuous monitoring, closure verification) to assess risk and formulate a view on the control environment
• Facilitate conversations with stakeholders on risks, their impact and how well they are managed in a clear, timely and structured manner
• Assist in managing multiple deliverables in line with team priorities
• Solicit and provide feedback and participate in formal and on-the-job training to further develop self and peers
• Support the ongoing monitoring of Compliance Risk, Key Risk indicators and Compliance Risk related issues engaging with management within the coverage area and Internal Audit stakeholders, as needed
• Assist with the development of Audit Risk Assessments with the Global Compliance Risk Audit team to inform the audit planning.

What you'll bring to the role:

• At least 4 years' relevant experience would generally be expected to find the skills required for this role; Compliance Risk or Testing experience with a financial services firm preferred
• Understanding of business line and key regulations relevant to coverage area
• Strong understanding of audit principles, methodology, tools and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
• Ability to identify and analyze multiple data sources to inform point of view
• Ability to ask meaningful questions, understand various viewpoints and adapt messaging accordingly
• Strong verbal/written communication and interpersonal skills.
• A commitment to practicing inclusive behaviors
• Strong data analytics skills, including advanced use of Excel
• Experience presenting to senior management and managing multiple deliverables while producing high-quality work.
• An undergraduate degree in business including Finance, Accounting, Economics, Risk Management or equivalent preferred
• Relevant certifications (e.g., CIA, FRM, CRMA) preferred
• Strong technical understanding of Regulatory compliance and regulatory expectations

Unfortunately we’re unable to provide visa sponsorship for this role. We would only be able to offer you this role if you can demonstrate proof of Right to Work in the UK.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

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.

Equal Opportunity Employer

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.