Morgan Stanley Hiring for Asia Wealth Management Audit – Associate Job at Mumbai Full Time

Asia Wealth Management Audit – Associate

Job Number:

3221112

POSTING DATE: Aug 3, 2022

PRIMARY LOCATION: Non-Japan Asia-India-Maharashtra-Mumbai (MSA)

EDUCATION LEVEL: Bachelor’s Degree

JOB: Audit

EMPLOYMENT TYPE: Full Time

JOB LEVEL: Associate

DESCRIPTION

Company Profile
Morgan Stanley is a leading global financial services company 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. Our core values: Do the Right Thing, Put Clients First, Lead with Exceptional Ideas, Commit to Diversity and Inclusion, and Give Back underpin everything we do in Morgan Stanley.

Department Profile
Internal Audit Department (IAD) is responsible for validating whether the Firm operates in a controlled environment with appropriate risk management processes. We evaluate the adequacy and effectiveness of the Firm’s internal controls using a risk-based methodology developed from professional auditing standards. IAD 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. We are part of a global team with presence in locations in the US, Europe and Asia. Within the team are represented a diverse skill set across business, compliance and financial crimes, risk management, operations, finance, information security and technology who work together to identify, monitor, assess and report on the control environment of the Firm.

IAD, as the 3rd Line of Defence (LOD), is responsible for audits across all Morgan Stanley businesses, support and control functions, including the 1st and 2nd LOD. The audits are designed to assess the adequacy and effectiveness of the control environment and to provide the Board Audit Committee and relevant governance committees with an independent assessment of risk across the Firm.

IAD continues to strive to provides insightful viewpoints on leading indicators and topical matters that are most relevant to the Firm, use the most effective and cutting-edge means to accurately evaluate the stability of risk controls, and empower its team members to contribute and succeed in their career.

Role Description
Morgan Stanley IAD is currently seeking an experienced Business Audit Associate/Manager for its audit team, with a focus on the coverage of the Asia Wealth Management business.
Based in India, the successful candidate will be supporting the Asia Wealth Management audit teams to perform audit risk assessments, planning, execution, and reporting, as well as support continuous monitoring activities.

QUALIFICATIONS

Skills

• Understanding of the private wealth management business, products, and services
• Possess experience performing controls walkthrough and testing
• Demonstrates keen interest and keeps informed of financial market insights, hot topics, and regulatory developments; and understands the impact to audit work and the business.
• Demonstrates critical thinking, strong risk and control mindset, good project management skill, strong analytical and problem-solving skills with the drive to develop independent viewpoint and innovative ideas
• Self-initiated and a proven team player in collaboration and interacting with team members/stakeholders across different locations
• Excellent verbal and written communication skills in English
• Candidate with experience in developing or using Data Analytic tools and techniques will have added advantage

Experience

• Al least 3-5 years of relevant experience in audit or 1st and 2nd line of defense control functions (e.g. audit/risk management/compliance/business unit risk manager), preferably in private banking/wealth management.

Professional Qualifications

• Undergraduate degree
• Relevant professional qualifications preferred (e.g. CIA, CFA, CPA, FRM)