VP, Credit Risk & Internal Audit Leadership

Morgan Stanley; New York (NY); Hybrid; USD 135,000 - 202,500; Full time

Job summary

Morgan Stanley seeks a Vice President to lead credit review activities within Internal Audit in New York. You will assess loan underwriting quality, credit assessment adequacy, and monitor compliance with credit policies, while coordinating with regulators and senior stakeholders.

The role requires deep knowledge of credit risk and audit methodologies, plus the ability to mentor a team and communicate risk effectively across diverse audiences.

Qualifications

• Advanced knowledge of industry, global markets and regulations relevant to coverage area.
• Strong understanding of audit principles, methodology, tools and processes (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.
• Understanding of the OCC, FED and EMEA regulatory guidelines on various credit related matters including, but not limited to, rating credit risk, counterparty credit risk, commercial real estate, leveraged lending, asset-based lending, allowance for loan loss reserves, SNC process.
• Generally, we would expect to find the skills required for this role in individuals with at least 6 years’ relevant experience

Responsibilities

• Formulate and lead a wide range of credit review 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 risk assessment and credit review 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
• Liaise with regulators from the Federal Reserve and OCC, or PRA, as needed

Skills

Audit principles

Risk assessment

Data analysis

Project management

Mentoring

Regulatory guidelines

Stakeholder communication

Job description

Morgan Stanley seeks a Vice President to lead credit review activities within Internal Audit in New York. You will assess loan underwriting quality, credit assessment adequacy, and monitor compliance with credit policies, while coordinating with regulators and senior stakeholders.

The role requires deep knowledge of credit risk and audit methodologies, plus the ability to mentor a team and communicate risk effectively across diverse audiences.