Director, Credit Review

We're seeking someone to join our Credit Review Group (CRG) at a Director level. CRG is a specialized team within the Internal Audit Division (IAD) which is responsible for the independent assessment of the quality of loan underwriting, adequacy of credit assessment and monitoring, accuracy of credit ratings, and compliance with relevant credit policies as well as relevant regulatory guidance relating to credit risk. 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 Credit Review, which is responsible for assessing the underlying credit worthiness of the Firm’s loan portfolio. Since 1935, Morgan Stanley has been 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 (Hybrid 4x per week) What you'll do in the role: Help identify risk and impact to relevant coverage area to prioritize areas of focus Execute and lead aspects of credit review activities (e.g. cyclical reviews, continuous monitoring, closure verification) to assess risk and formulate a view on risk rating integrity and credit monitoring activities. 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 Liaise with regulators from the Federal Reserve and OCC, or PRA, as needed What you'll bring to the role: 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 An understanding of the OCC, FED and EMEA regulatory guidelines on various credit related matters including, but not limited to, rating credit risk, counterparty credit risk, commercial real estate, leveraged lending, asset-based lending, allowance for loan loss reserves, and the Shared National Credit (SNC) process Generally, we would expect to find the skills required for this role in individuals with at least 4-6 years’ relevant experience 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 into your browser. Expected base pay rates for the role will be between $123,500 and $154,500 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 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: At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values. Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutions—and in the ability of capital to work for the benefit of all society. What We Do