Internal Audit Director – Capital Markets, Fixed Income (Rates)

Morgan Stanley; New York (NY); Hybrid; USD 108,000 - 155,000; Full time

Job summary

Morgan Stanley in New York seeks a Director to lead Auditor In Charge, overseeing end-to-end audits across the Rates business within Fixed Income. The role emphasizes independent risk assessment and strong communication with stakeholders.

Ideal candidates bring deep audit experience in capital markets, certifications, and the ability to lead multiple engagements in a hybrid in-office schedule (4x per week). The Internal Audit Division strengthens controls and governance across the firm.

Qualifications

• Experience leading audits across front-to-back processes in rates or capital markets.
• Ability to translate complex risk into clear messages for stakeholders.
• Strong understanding of audit methodologies and control environments.

Responsibilities

• Lead end-to-end audit engagements and prioritize delivery across teams.
• Identify risks and assess control environments within Rates business.
• Communicate findings clearly to stakeholders and drive remediation.
• Coordinate with infrastructure and control functions to form informed views.
• Mentor junior auditors and manage multiple deliverables.

Skills

Audit principles

Data analysis

Regulatory knowledge

Rates/capital markets

Stakeholder communication

Education

CIA

CFA

CPA

Job description

We're seeking someone to join our team as a Director to be an Auditor In Charge with end-to-end leadership of audits across the Rates business within Fixed Income.

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
• Proactively connect metrics and information across infrastructure and control functions to develop informed perspectives on risks and controls
• 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

• 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
• Experience in audit coverage of Rates or broader capital markets businesses, including assessment of front-to-back processes, key risks, controls, regulatory considerations, and operational control environments
• A commitment to practicing inclusive behaviors
• At least 4 years' relevant experience would generally be expected to find the skills required for this role
• Relevant certifications (i.e., CIA, CFA, CPA, etc.) 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.

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.