Internal Audit Quality Assurance & Improvement Vice PresidentCompany ProfileMorgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. The talent and passion of our people is critical to our continued success as a firm. Together, we share four core values rooted in integrity, excellence and strong team ethic:1. Putting Clients First2. Doing the Right Thing3. Leading with Exceptional Ideas4. Giving Back5. Committing to Diversity & InclusionMorgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and growDepartment ProfileMorgan Stanley's Internal Audit Department reports to the Firm's Board Audit Committee and comprises financial/ technology and risk auditors. Our mission is to be recognized as a strong and high performing audit function that is viewed as a trusted authority and advisor to the Board/ Firm management and industry regulators in assessing and strengthening the Firm's control environment. Internal Audit provides independent assurance on the quality and effectiveness of Morgan Stanley's internal control/ risk management and governance systems and processes.Background on the PositionMorgan Stanley is seeking an Audit Professional to join its Internal Audit Quality Assurance and Improvement group. The successful candidate will be a member of Internal Audit and will help ensure that audit and regulatory requirements are being met in accordance with set standards. This position will be located in New York, NY or London.Primary Responsibilities>Evaluate Internal Audit's adherence to department policies and standards, professional practices standards, and regulatory guidance through various types of quality assurance (QA) reviews and continuous monitoring.>Effectively challenge the identification and assessment of key business and functional risks>Enhance and/or develop QA programs; execute QA programs; and review completed QA programs.>Lead meetings with auditors at all levels and discuss QA observations>Communicate QA results to Senior Management in a clear and concise manner, both written and verbal>Draft high-quality QA Reports and other stakeholder reporting>Oversee QA issues management process and timely completion of QA-owned closure verification>Drive completion of Quality Assurance & Improvement initiatives>Respond to regulatory inquiries and liaise with stakeholders to successfully fulfill regulatory requests>Manage competing priorities in a fast-paced environment>Supervise junior staff members and/or consultantsSkills Required>At least ten years of audit, financial, technology, or regulatory experience within the financial services industry.>Previous audit experience with a complex or medium size bank, broker dealer>Proficient understanding of the internal audit process including risk assessments, planning, reporting, continuous monitoring, and closure verification.>Ability to multi-task various projects and deadlines.>Strong verbal and written communication skills for discussions with Senior Audit Management.>B.S. degree in business including Finance or Accounting>Prior experience communicating with regulators is a plus.>CPA, CIA or other related licensing a plus.Professional Qualifications- Bachelor's DegreeMorgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).Expected base pay rates for the role will be between 110000 and 190000 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.
