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Full job description
Internal Audit, Operational Risk, Director (AVP equivalent)
Glasgow
JR037292
We’re seeking someone to join our Operational Risk team as a Director based in Glasgow.
This role will ultimately report to the Internal Audit Head of Operational Risk and support in the execution and management of EMEA and global Internal Audit efforts focusing on the Operational Risk Function and their EMEA and global Operational Risk Oversight.
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 level position within Business Audit, which is responsible for inspecting controls in 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 across the Firm and EMEA region focusing on Operational Risk OCC, PRA, FCA and EU regulations and guidance
- Partner with global peers to execute and lead aspects of Operational 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 Operational Risk, Key Risk indicators and Operational Risk related issues engaging with Operational Risk leads and Internal Audit stakeholders, as needed
- Assist with the development of EMEA / global Audit Risk Assessment with the Global Operational Risk Audit team to inform the EMEA / global Operational Risk audit plan
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; Operational Risk 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
- A commitment to practicing inclusive behaviors
- Strong data analytics skills, including advanced use of Excel
- Experience presenting to senior management
- An undergraduate degree in business including Finance, Accounting, Economics, Risk Management or equivalent preferred
- Relevant certifications (e.g., CIA, FRM, CRMA) preferred
#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 .