We're seeking someone to join our team as Business Manager.
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 (P4) level position within the Internal Operations and Quality Control job family which is responsible for efficient and effective functioning of the department, supporting the ultimate delivery of high-quality assurance services.
Want more jobs like this?
Get jobs in Baltimore, MD delivered to your inbox every week.
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.
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:
Business Management
- Support the team's Operating Committee member and the IAD Operations team in developing team strategy and goals
- Propose team travel/training/consulting budget and monitor spend after approval
- Work with IAD Operations to update cost allocations to BUs/Infrastructure
- Set agendas for directs meetings, Town Halls, skip-level meetings, offsites, etc.
Audit Planning & Execution
- Manage Risk Assessment process for business line, ensuring delivery to milestones including remediation of data quality issues
- Work with teams to create a complete and accurate annual audit plan, ensuring delivery to plan milestones
- Proactively manage the execution of the audit plan
- Review, challenge and ensure appropriate approvals are in place timely as it relates to changes in delivery dates, as well as additions/cancellations to the plan
- Manage and report on MRA, MRIA and issue closure verification status
Resource Management
- Proactively manage resource requirements and assignments to ensure timely delivery of the plan
- Identify staff for open needs and complete due diligence on decisions
- Facilitate discussions to resolve resource conflicts
- Coordinate and challenge Audit Coverage Directors (ACDs) on opportunities to optimize staffing
- Review resource change requests, support ACDs in reviewing options and identify downstream impacts of options
- Maintain accurate and detailed resource schedule and analyze data
- Review time and forecast entry data for team and follow up to support accuracy
- Work with IAD Operations to place and oversee utilization of rotational analysts
- Actively participate in the development and implementation of new policies, processes, tools and expectations to implement enhanced resource management capabilities
Talent Management
- Assess headcount needs and escalate/review needs to IAD Operations
- Monitor hiring process and confirm proper procedure followed with terminations
- Review audit plan to identify talent development needs, review needs with managers/OpCo
- Work with IAD Operations to facilitate talent assessment, engagement, training, certification, onboarding and recognition activities
Operations
- Participate in meetings with IAD Operations and support operations initiatives and communications
- Support adherence to firm and department policies and procedures
- Maintain group's Teams site
Reporting
- Quarterly QPack and/or Board Report production, reviewing metrics, and finalizing for submission
- Ad-hoc reporting
What you'll bring to the role:
- Prior experience in the financial services industry required
- Ability to communicate clearly and concisely and adapt messages to audience
- Basic understanding of audit within Financial Services space, preferably within Technology audit
- Strong ability to understand, analyze and present data
- Strong project management and organizational skills
- Strong ability to multi-task
- At least 6 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 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'll 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.
We're committed to bringing passion and customer focus to the business.
Salary range for the position: $90,000 - $185,000 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 unit's 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 20 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 mybenefits.morganstanley.com to learn more about our benefit offerings.
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).