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Internal Audit Associate - Wealth Management

Morgan Stanley

Morgan Stanley

Accounting & Finance
Baltimore, MD, USA
Posted on Aug 14, 2024

We're seeking someone to join our team as an Associate on the Wealth Management audit team covering U.S. Field Management functions. The person in the role will assist the Internal Audit department's Wealth Management audit team in completing its annual assurance activities, communicating to senior management, and providing recommendations for improvements.

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 an Associate level position within Business Audit, which is responsible for inspecting controls in front, middle and back offices.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley Baltimore, we support the Firm’s 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. There’s ample opportunity to move across the businesses for those who show passion and grit in their work.

Location: Baltimore, MD (Hybrid, 3x per week in office)

Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on...

What you'll do in the role:

· Execute a wide range of assurance activities (e.g., audits, continuous monitoring, closure verification)

· Understand and adopt new audit tools and techniques

· Develop clear and concise messages regarding risk and business impact within relevant coverage area

· Identify and leverage data to incorporate into analysis of coverage area

· Collaborate with a wide range of internal stakeholders to build effective working relationships and to execute on team deliverables

· Effectively manage multiple deliverables while delivering high-quality work

What you'll bring to the role:

· At least 2 years' relevant experience would generally be expected to find the skills required for this role

· Understanding of audit principles, tools and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)

· Ability to communicate clearly and concisely and adapt messages to audience

· Ability to identify patterns and anomalies in data

· A commitment to practicing inclusive behaviors

· Willingness to solicit and provide feedback to further develop self and peers

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 85 years. At our foundation are five core values: putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you will find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

Morgan Stanley's 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).