Director, Internal Audit (Operational Risk Team)

Morgan Stanley; New York (NY); On-site; USD 108,000 - 154,500; Full time

Job summary

Morgan Stanley is seeking a Director for its New York team, responsible for conducting audits across Operational Risk and Enterprise Non-Financial Risk. This position requires a strong understanding of audit principles and methods, excellent communication skills, and a commitment to inclusivity.

The role involves assessing risks, prioritizing areas of focus, and leading assurance activities. Base pay ranges from $108,000 to $154,500 annually, determined on an individualized basis.

Qualifications

• Understanding of business line and key regulations relevant to coverage area.
• Strong understanding of audit principles, methodology, tools, and processes.
• Ability to identify and analyze multiple data sources to inform point of view.
• Strong written and verbal communication skills, clearly articulate observations.

Responsibilities

• Help identify risk and prioritizing areas of focus.
• Execute and lead aspects of assurance activities to assess risk.
• Facilitate conversations with stakeholders on risks and impact.
• Identify and assess risks and control gaps within assigned coverage areas.

Skills

Understanding of business line and key regulations

Strong understanding of audit principles

Ability to analyze multiple data sources

Strong written and verbal communication skills

Collaborative work style in fast-paced environments

Education

Relevant certifications (CIA, CPA, etc.) preferred

At least 4 years' relevant experience

Job description

We're seeking a Director to join our team in New York, responsible for conducting audits across Operational Risk and Enterprise Non-Financial Risk (NFR).

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 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)

What you’ll do in the role:

• Help identify risk and impact to relevant coverage area to prioritize areas of focus
• 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
• 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
• Identify and assess risks and control gaps within assigned coverage areas, supporting the development of audit findings and overall conclusions.

What you’ll bring to the role:

• 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
• A commitment to practicing inclusive behaviors
• Strong written and verbal communication skills, with the ability to clearly articulate observations and risks.
• Ability to work collaboratively while managing individual deliverables in a fast‑paced environment.
• At least 4 years' relevant experience would generally be expected to find the skills required for this role
• Relevant certifications (i.e., CIA, CPA, etc.) preferred

Expected base pay rates for the role will be between $108,000 and $154,500 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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.