Internal Audit Vice President - Institutional Securities Group (Fixed Income - Valuations)

We’re seeking someone to join our team as a Vice President to lead audit coverage of valuation risk across the Fixed Income business. 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 level position within Business Audit, which is responsible for inspecting controls in front, middle and back offices. Location New York, NY (4x per week in office) What you’ll do in the role Formulate and lead a wide range of assurance activities to assess valuation risks within coverage area and the state of controls in place to mitigate them Proactively identify risk and emerging risk, and factor into risk assessment and assurance coverage Articulate actionable insights to management regarding criticality and impact of risks to the business Effectively partner with colleagues and stakeholders globally to drive effective working relationships Align projects and initiatives with department and coverage area priorities, and oversee team’s execution of deliverables in accordance with audit methodology and quality standards Proactively connect metrics and other information across valuation, market risk, models, and P&L to inform perspectives on valuation risk and controls What you’ll bring to the role Advanced knowledge of industry, global markets and regulations relevant to coverage area Advanced knowledge of fixed income financial products, the related valuation, and key market risk sensitivities Understanding of the P&L attribution fundamentals 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 Relevant certifications (i.e., CIA, CPA, CFA, SIE, CIDA, CAIA) preferred Expected base pay rates for the role will be between $135,000 and $202,500 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 #J-18808-Ljbffr