Internal Audit, Compliance Risk, Director (AVP equivalent)
Glasgow
JR037292
We're seeking someone to join our team as a Director based in Glasgow in the Global Compliance audit team providing coverage of Compliance/second line controls tested as part of the firm’s Central Compliance Functions or Business Unit audits (for Morgan Stanley’s Institutional, Wealth or Investment Management businesses).
This role will ultimately report to the Internal Audit Global Head of Compliance Risk and supports both execution and project management of audits, closure verification and continuous monitoring activities.
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 within Business Audit, which is responsible for inspecting controls in the front, middle and back offices.
At Morgan Stanley Glasgow, we support the Firm’s global Operations, Technology, Finance, Corporate, and Institutional Securities divisions. Known for its excellence in process, client service & leadership, our Glasgow teams have led us to win numerous innovation and people awards. Morgan Stanley has been rooted in the Glasgow community since 2000, steadily contributing to the development of a vibrant local financial services and fintech industry.
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.
What you'll do in the role:
- Help identify risk and impact to relevant coverage area to prioritize areas of focus
- Participate in all stages of an audit through execution of planning, fieldwork and reporting related work (including walkthroughs, testing, issue and report writing, project management etc.)
- Partner with global peers to execute and lead aspects of Compliance Risk assurance activities (e.g., audits, continuous monitoring, closure verification) to assess risk and formulate a view on the control environment
- Facilitate conversations with stakeholders on risks, their impact and how well they are managed in a clear, timely and structured manner
- Assist in managing multiple deliverables in line with team priorities
- Solicit and provide feedback and participate in formal and on-the-job training to further develop self and peers
- Support the ongoing monitoring of Compliance Risk, Key Risk indicators and Compliance Risk related issues engaging with management within the coverage area and Internal Audit stakeholders, as needed
- Assist with the development of Audit Risk Assessments with the Global Compliance Risk Audit team to inform the audit planning.
What you'll bring to the role:
- At least 4 years' relevant experience would generally be expected to find the skills required for this role; Compliance Risk or Testing experience with a financial services firm preferred
- Understanding of business line and key 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 identify and analyze multiple data sources to inform point of view
- Ability to ask meaningful questions, understand various viewpoints and adapt messaging accordingly
- Strong verbal/written communication and interpersonal skills.
- A commitment to practicing inclusive behaviors
- Strong data analytics skills, including advanced use of Excel
- Experience presenting to senior management and managing multiple deliverables while producing high-quality work.
- An undergraduate degree in business including Finance, Accounting, Economics, Risk Management or equivalent preferred
- Relevant certifications (e.g., CIA, FRM, CRMA) preferred
- Strong technical understanding of Regulatory compliance and regulatory expectations
Unfortunately we’re unable to provide visa sponsorship for this role. We would only be able to offer you this role if you can demonstrate proof of Right to Work in the UK.
#LI-CM1 #LI-Hhybrid #GLAUD
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.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
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 .
