Internal Audit - Institutional Securities Audit, Director/ Associate, Hong Kong

Morgan-Stanley; Hong Kong; On-site; HKD 1,000,000 - 1,600,000; Full time

Job summary

Morgan Stanley is seeking a Director-level business auditor to support the Hong Kong and Asia Internal Audit team, evaluating controls across front, middle, and back offices. You will identify risks, lead audits, and drive risk-based plans while collaborating with senior stakeholders to enhance controls.

The role requires strong audit principles, data analysis, and excellent English communication, with professional certifications such as CIA/CPA/CA/CFA/FRM highly regarded.

Qualifications

• At least 4 years' relevant experience in business audit or 1st or 2nd line of defense control functions.
• Understanding of institutional securities business and related regulations.
• Strong understanding of audit principles, methodology, tools, and processes.
• Ability to identify and analyze multiple data sources to inform point of view.
• Ability to ask meaningful questions and adapt messaging for various stakeholders.
• Ability to communicate complex technical issues concisely to senior management.
• Commitment to inclusive behaviors.
• Ability to multi-task across competing priorities.
• Business-level English verbal/written skills.
• Relevant professional qualifications such as CIA, CPA, CA, CFA, FRM.

Responsibilities

• Identify risk and impact to Asia ISG to prioritize areas of focus based on business processes.
• Execute and lead assurance activities (audits, continuous monitoring, closure verification) to assess risk and control environment.
• Execute audit engagements and deliver within expected timeframe.
• Engage in continuous monitoring and risk assessment of key processes to drive risk-based audit plan.
• Facilitate conversations with stakeholders on risks, impact and management effectiveness.
• Assist in managing multiple deliverables in line with team priorities.
• Solicit and provide feedback and participate in formal and on-the-job training to develop self and peers.

Skills

Audit principles

Data analysis

Stakeholder communication

Multi-tasking

Inclusive behaviors

English proficiency

Education

Professional certifications (CIA/CPA/CA/CFA/FRM)

Job description

We're seeking someone to join our diverse team of audit and assurance professionals as a business auditor to support the Hong Kong and Asia Internal Audit team in identifying, assessing and driving resources to areas of key risks and vulnerabilities in the Institutional Securities Group (ISG), through evaluating the adequacy and effectiveness of related controls.

The Internal Audit Department (IAD) reports directly to the Board Audit Committee, and is an objective and independent function within Morgan Stanley's risk management framework. IAD assists senior management and the Audit Committee of the Board (BAC) in the effective discharge of their legal, fiduciary and oversight responsibilities. Comprises over 400 employees globally. IAD is responsible for providing independent assurance on the quality and effectiveness of Morgan Stanley's system of internal control, including risk management and governance systems and processes. IAD also serves as an objective and independent function within the Firm's risk management framework to foster continual improvement of risk management processes by identifying and assessing operating risks, and evaluating the adequacy and effectiveness of the Firm's related internal controls. Based on these activities, IAD develops an independent and informed view of the risks faced by Morgan Stanley and the effectiveness of the risk management processes employed to manage them. In doing so, we help drive Firm resources to vulnerabilities. This is a Director (P3) level position within the business audit family 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.

What you'll do in the role:

• Help identify risk and impact to Asia ISG to prioritize areas of focus based on a strong understanding of business processes, keep informed of industry and regulatory developments
• Execute and lead aspects of assurance activities (e.g., audits, continuous monitoring, closure verification) to assess risk and formulate a view on the control environment
• Execute audit engagements and deliver within expected timeframe
• Engage in continuous monitoring and risk assessment of key business processes to drive risk-based audit plan
• 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

What you'll bring to the role:

• At least 4 years' relevant experience in business audit or 1st or 2nd line of defense control functions (e.g. risk management, compliance, or operational risk) would generally be expected for this role
• Understanding of institutional securities business and supporting functions, in addition to key related regulations
• 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
• Ability to communicate complex technical issues concisely and clearly to senior management and colleagues from other audit divisions
• A commitment to practicing inclusive behaviors
• Ability to multi-task across competing priorities
• Business-level English verbal/written skills
• Relevant professional qualifications, such as CIA, CPA, CA, CFA, FRM.

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 is 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.

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.