Internal Audit Director – Capital Markets (Underwriting)

Morgan Stanley; New York (NY); Hybrid; USD 135,000 - 203,000; Full time

Job summary

Morgan Stanley in New York seeks a Director-level auditor to evaluate risks and controls across ISG Underwriting. You will lead assurance activities and partner with global teams to drive improvements in risk management and governance.

Role requires deep knowledge of global markets, audit methodology, and the ability to articulate risk to diverse audiences. Hybrid work includes four days in office per week with in-office collaboration.

Qualifications

• 6+ years of relevant audit experience.
• CIA/CFA/CPA preferred.
• Strong knowledge of audit principles and methodologies.
• Ability to coach and mentor others.

Responsibilities

• Formulate and lead a wide range of assurance activities.
• Proactively identify risk and emerging risk to include in coverage.
• Articulate actionable insights to management on risk impact.
• Effectively partner with global colleagues to drive relationships.
• Align projects with priorities and oversee delivery per audit standards.

Skills

Audit leadership

Risk assessment

Data analysis

Communication

Mentoring

Education

CIA

Job description

We're seeking someone to join our team to evaluate risks and controls across the Institutional Securities Group (ISG) Underwriting businesses, providing independent assurance over a diverse range of equity and debt products, processes, and strategic initiatives.

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:

• 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 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:

• Advanced knowledge of industry, global markets, and 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 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
• At least 6 years' relevant experience would generally be expected to find the skills required for this role
• Relevant certifications (i.e., CIA, CFA, CPA, CIDA, 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 $135,000 and $202,500 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.