Internal Audit Associate - Third-Party Vendor Risk Management
Internal Audit Associate - Third-Party Vendor Risk Management
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$ 108000 - 155000
1 Vacancy
Job Description
Were seeking someone to join our team as an Associate to cover third party and support the Third-Party 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 Stanleys system of internal control including risk management and governance systems and processes. IAD serves as an objective and independent function within the Firms risk management framework to foster continual improvement of risk management processes. This is an Associate level position within Business Audit which is responsible for inspecting controls in front middle and back offices.
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.
At Morgan Stanley Baltimore we support the Firms global Technology Operations Risk Management Legal and Compliance Internal Audit and Finance divisions. Morgan Stanley has been rooted in the Baltimore community since 2003. Our talented and diverse team is one of the largest in the U.S. outside of our New York headquarters and home to industry leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. Theres ample opportunity to move across the businesses for those who show passion and grit in their work.
Location: Baltimore MD (4x per week in office)
What youll do in the role:
- Help identify risk and impact to relevant coverage area to prioritize areas of focus
- Execute and lead aspects of 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
What youll 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
- At least 2-4 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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres 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.
Salary range for the position: $108000 - $155000 Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business units incentive compensation plan which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits including Medical Prescription Drug Dental Vision Health Savings Account Dependent Day Care Savings Account Life Insurance Disability and Other Insurance Plans Paid Time Off (including Sick Leave consistent with state and local law Parental Leave and X Vacation Days annually) 10 Paid Holidays 401(k) and Short/Long Term Disability in addition to other special perks reserved for our employees. Please visit to learn more about our benefit offerings.
Morgan Stanleys 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).
Required Experience:
IC
Employment Type
Full-Time
