Internal Audit Institutional Securities - Sr. Manager

Morgan Stanley USA
New York, USA
Sep 14, 2017
Sep 19, 2017
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Morgan 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. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile
Internal Audit is responsible for validating whether the firm operates in a controlled environment with appropriate risk-management processes. Auditors evaluate the adequacy and effectiveness of the firm's internal controls using a risk-based methodology developed from professional auditing standards. Internal Audit assists in monitoring the firm's compliance with internal guidelines set for risk management and risk monitoring, as well as external rules and regulations governing the industry. The team reports directly to the Board Audit Committee and helps verify whether the firm meets all of its fiduciary responsibilities to shareholders, while adhering to corporate-governance standards and legal and regulatory requirements. Internal Audit is comprised of Business, Risk and Technology auditors. Business and Risk auditors focus on understanding the risks that the businesses face and the controls to mitigate those risks. Technology auditors focus on the application controls supporting the business processes, including systems development, application security and entitlements, production management, and technology governance. Both groups are responsible for understanding, analyzing and testing the controls to protect the franchise.

Primary Responsibilities
· Planning for, executing, and reporting on, audits of sales, trading and support groups
· Following up actions quarterly with clients
· Managing and mentoring junior staff


Skills required
· Good understanding of the operation of financial markets and of the main financial instruments and strategies
· Ability to manage work assignments to deadlines, while multi-tasking
· Good analytical skills, showing ability to assess risks and controls
· Good interpersonal skills, showing ability to articulate risks and controls clearly to others
· Good communication skills, showing ability to write reports and summaries of work performed effectively
· 4 year college degree

Skills desired
· 8+ years audit experience, primarily in financial markets
· Good understanding of key financial industry regulations
· Good understanding of fixed income (credit, interest rate and FX) trading activities.
· CPA, CIA or other accounting qualification
· CFA, FRM or other financial/risk qualification

Similar jobs

Similar jobs