We're seeking someone to join our Internal Audit team as an Executive Director reporting to the Head of Second Line of Defense Non-Financial Risk (2LOD NFR) Audit. The successful candidate will serve as the Compliance Subject Matter Expert and Compliance Risk Stripe Owner responsible for formulating Firmwide and 2LOD compliance risk views and messaging and designing and implementing the Global Audit Compliance Audit Coverage Strategy across 1st and 2nd Line audit teams.

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 an Executive Director level position within Internal Audit’s coverage of the 2LOD Compliance Function , which is responsible for inspecting controls in front, middle and back offices.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions and individuals around the world achieve their financial goals.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

What you'll do in the role:

Compliance Risk Stripe Owner (RSO)

• Serve as the Compliance RSO and SME across IAD on compliance and audit matters.

• Assess the appropriateness of the risk assessment universe and risk assessment ratings for applicable compliance risks.

• Assess and confirm the appropriateness of the scope and inspection techniques for risk stripe related audits.

• Work with respective audit teams to assess the severity of gaps and the appropriateness of remediation plans for identified observations that could lead to High or Critical issues.

• Collect continuous monitoring updates across other IAD teams to formulate a view on enterprise-wide compliance risk, and confirm the appropriate specific risk stripe message for external communication.

Compliance Assurance Coverage

• Identify risk and emerging risks applicable to Compliance coverage area and prioritize assurance plan and activities accordingly.

• Design, build and maintain a risk-focused Compliance assurance coverage strategy across all lines of business and the U.S. Banks

• Determine coverage approach across 2LOD Compliance and coach and support team in identifying the most appropriate inspection techniques based on the identified risks.

• Convey increasingly complex risks and impact in a clear, concise, and timely manner to senior stakeholders.

• Manage and support Compliance team in the adoption of new assurance tools and techniques.

• Identify and leverage a range of relevant data sources to generate insights on risks and to facilitate discussions about the implications for the Firm.

• Work with the Head of 2LOD NFR Audit and Advanced Analytics & Innovation to enhance analytics, automation and innovation supporting the execution of the audit plan and streamlining audit processes.

• Enable the Compliance team to deliver high-quality work and navigate through peak work periods and deadlines.

• Act as a key point of contact with internal and external stakeholders including regulatory authorities during interactions or examinations of compliance risk.

• Work closely with legal, regulatory, and operational teams to address audit issues.

• Oversee resource utilization, monitoring, and progress against targets.

What you'll bring to the role:

• At least 12 years' relevant experience would generally be expected to find the skills required for this role.

• Extensive knowledge of Compliance coverage, including complex risks, emerging risks, and relevant regulations

• Deep understanding of audit principles and various assurance techniques

• Ability to articulate complex risks in a clear and concise manner and guide team in their communication.

• Ability to provide effective coaching, real-time feedback, and stretch and development opportunities to help team achieve success.

• Ability to create a work environment that fosters trust, idea sharing, and inclusion among team members.

• Significant experience overseeing resource utilization and monitoring progress against deliverables.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

What you can expect from Morgan Stanley:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values: putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you will find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

Expected base pay rates for the role will be between $220,000 and $280,000 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'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 based on 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).

Morgan 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).