We're seeking someone to join our team as a Vice President to provide business management support to 2nd Line of Defense Audit team.

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 Vice President (P4) level position within Internal Operations and Quality Control family responsible for efficient and effective functioning of the department, supporting the ultimate delivery of high quality assurance services.

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. New York, NY (4x per week in office)
What you'll do in the role

Assurance Planning & Execution:
o Manage Risk Assessment process for business line, ensuring delivery to milestones including remediation of data quality issues Accountable for completeness and accuracy of the respective audit plan, ensuring delivery to milestones
o Accountable for proactively managing the execution of the audit plan
o Proactive time management of any changes to delivery, including review, challenge and approvals of changes are in place
o Manage and report on MRA, MRIA and issue closure verification status

Resource Management & Modeling
o Proactively manage resources and assignments to ensure timely delivery of the plan.
o Identify staff for open needs and complete due diligence on decisions
o Facilitate discussions to resolve resource conflicts
o Coordinate and challenge Audit Coverage Directors on opportunities to optimize staffing
o Review resource options with ACDs and identify downstream impacts
o Maintain accurate and detailed resource schedule and analyze data
o Review time and forecast entry data for team and follow up to support accuracy
o Work with IAD Operations to place rotational analysts

Financial Oversight and Talent Management
o Propose team travel/training/consulting budget and monitor spend after approval
o Work with IAD Operations to update cost allocations to BUs/Infrastructure
o Monitor hiring process and confirm proper procedure followed with terminations
o Ensure achievement of the Work Force Strategy and Labor cost targets
o Review audit plan to identify talent development needs, review needs with managers
o Work with IAD Operations to facilitate talent assessment, engagement, training, certification, onboarding and award (John J. Mack, STAR, Audit Director Awards

Process Improvement
o Identify and implement improvements in processes to enhance efficiency
o Engage with Transformation office and DA to review project Delta opportunities

Organizational Engagement, Communication and Project Management
o Liaise with internal stakeholders to communicate decision and drive action
o Set agendas for Directs meetings, Town Halls, Skip-level meetings, Offsites, etc
o Support OpCo and Operations in developing strategy and goals for team
o Actively participates in the development and implementation of new policies, processes, tools and expectations to implement enhanced resource management capabilities

Compliance
o Support IAD operations initiatives and communications
o Support adherence to firm and department policies and procedures
o Quarterly and/or Board Report production, reviewing metrics, and finalizing for submission {D Part 2: Scope of Role What you'll bring}

What you'll bring to the role:
- Advanced knowledge of industry, global markets, and 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 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
- At least 6 years' relevant experience would generally be expected to find the skills required for this role
 

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 $135,000 and $203,000 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).