Internal Audit

We're seeking someone to join our team as an Executive Director who will have responsibility as the Audit Coverage Director (ACD) leading all Data Governance audit coverage and assurance activities, including Data Quality, Data Privacy, and Information Management, for the Firm, including U.S. Banks and other legal entities globally.
 

The Morgan Stanley Internal Audit Data Governance function is responsible for planning and coordinating year-round audit work on Data Governance, collaborating effectively with Internal Audit Staff members within the Business, Finance, Non-Financial Risk (NFR), and Technology teams. This role will report to the Heads of Audit Coverage for Finance and NFR.

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 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)

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:
 

• Identify risk and emerging risks applicable to Data Governance, and develop and prioritize assurance plan and activities accordingly
• Oversee coverage strategy for Data Governance for the Firm and U.S Banks from end to end, and ensure that management focus areas and relevant regulatory requirements are adequately scoped into audits, risk assessments and reviews
• 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, including but not limited to the Board Audit Committee, Firm and U.S. Banks senior management and external stakeholders (e.g., FRB, OCC, and other regulators)
• Encourage and support employees 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
• Enable the team to deliver high-quality work and navigate through peak work periods and deadlines
• Oversee resource utilization, monitoring and progress against targets
• Build and maintain senior business relationships to assist in the development, planning and/or performing of audits focusing on all aspects of Data Governance.
• Represent Data Governance Audit on relevant senior-level committees and other governance forums.
• Oversee performance management for team members covering Data Governance audits

What you'll bring to the role:
 

• Minimum 12 - 15 years' experience, with technical understanding of Data Governance concepts and methodologies, preferably having worked in Finance or Non-Financial Risk Management internal audit in a major bank/financial institution with trading activities
• Extensive knowledge of Data Governance as well 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
• Experience in dealing with regulators and understanding their expectations for documentation, closure verification work and coverage of relevant regulatory requirements
• 4-year college degree in a business discipline (e.g., Finance, Economics, Accounting)

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 89 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 $165,000 and $275,000 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 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).