- New York, NY, USA New York NY US
- Permanent, Full time
- Morgan Stanley USA
- 26 Apr 18 2018-04-26
Morgan Stanley Services Group Inc. seeks an Associate in New York, New York:
Assess inherent business risks and determine if key controls exist to mitigate those risks. Perform risk assessments at the audit entry and process level. Perform both quantitative and qualitative analysis within Operational Risk. Evaluate the adequacy of design and effectiveness of key controls and potential business concerns by analyzing available documentation and asking insightful questions to identify root causes and draw the appropriate conclusions. Prepare audit planning documentation, conduct walkthroughs, and assess the internal control environment through control and substantive testing. Document the results of work performed in the Department's automated workpaper system, according to Departmental methodologies and documentation standards, to include proper cross-referencing, checklists, indexing documentation maintenance, and documented exception follow-up procedures, etc. Develop and document audit findings in a clear and concise manner, communicating business concerns, risks and root causes, and securing formal management responses to audit recommendations for inclusion in the Audit Report. Hold follow-up meetings concerning open audit actions with line management quarterly.
The position requires a Master's degree in Accounting, Business, Finance, Economics, or related business or financial field of study and one (1) year of experience in the position offered or as an Associate or related occupation. The employer will accept a Bachelor's Degree in Accounting, Business, Finance, Economics, or related business or financial field of study and three (3) years of experience in the position offered or as an Associate or related occupation in lieu of a Master's Degree and one (1) year of experience. The position requires a minimum of one (1) year of experience with the following required skills: experience auditing capital markets or risk management in a bank or broker/dealer environment; experience in the financial services industry and in the associated regulatory environment; experience with internal audit processes, including performing risk and control environment assessment, developing and conducting audit testing and documenting the work performed, and analyzing and presenting findings; experience with Microsoft Excel, including Pivot and VLOOKUP functions, Microsoft Visio, and Microsoft Sharepoint; experience conducting GAAP analysis and generating HEAT maps; experience with Basel rules and related regulatory requirements; and experience using Internal Audit documentation tools including OpenPages.
QUALIFIED APPLICANTS :
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