Team Profile
The 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 and 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.
About the Role
Morgan Stanley IAD is currently seeking an Associate or Manager for its Hong Kong-based Finance audit team to cover the Finance division across the Asia region. The Finance audit team performs audits across the Finance division including Capital Planning, Corporate Treasury, Finance Shared Services, Financial Planning and Analysis, Global Corporate Controllers, Investment Management Finance, Institutional Securities Group Finance, Tax and Valuation Control to form a view on the effectiveness of controls. Additionally, the Finance audit team supports the Institutional Securities Group (ISG) audits of Sales & Trading in Equities and Fixed Income, Prime Brokerage and Electronic Trading businesses where Morgan Stanley is the market leader, Investment Banking and Capital Markets and Research.
Your key responsibilities will include:
- Participate in all phases of the audit including planning, fieldwork execution and reporting.
- Lead client discussion on key processes and document walkthrough narratives and flow charts.
- Create and execute test procedures to assess the designated control environment, clearly document results in line with internal documentation standards and provide recommendations on improving internal controls and governance processes.
- Draft audit reports and communicate audit finding to the Audit Coverage Directors and senior client management.
- Meet with key stakeholders both within and outside the audit department, and attend working groups and committees, as part of continuous monitoring of Finance activities.
- Develop a strong understanding of business and system processes and be able to communicate complex technical issues in simplified terms to management and colleagues from other audit divisions.
Morgan Stanley has earned a worldwide reputation for the excellence of its advice and execution in financial markets. With offices in more than 41 countries, the firm is truly global-and a market leader in the U.S., Europe and Asia as well as in emerging markets. Morgan Stanley's success rests on the talents and passion of our people, who share a common set of values and bring excellence and integrity to everything they do. We seek to grow long-term relationships by virtue of our consistently rigorous thinking and the unsurpassed access to financial markets that Morgan Stanley can bring. This means providing leadership in specific areas such as investment banking, debt and equity underwriting, research, and sales and trading. We also focus increasingly on creating custom-tailored solutions that cut across functions to help our clients realize new opportunities and solve complex problems. Our aim is to be the first choice of everyone who deals in financial markets, whether as prospective clients, employees or investors.
We believe our greatest asset is our people. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. Visit https://www.morganstanley.com/people to discover who we are and the right opportunity for you.
