Business Manager, Vice President, P4, Internal Operations & Quality Control

We're seeking someone to join our team as Business Manager (VP) for the Institutional Securities group Audit team.

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 Vice President (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.
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:

Assurance Planning & Execution
- Manage Risk Assessment process for business line, ensuring delivery to milestones including remediation of data quality issues
- Accountable for completeness and accuracy of the respective audit plan, ensuring delivery to milestones
- Accountable for proactively managing the execution of the audit plan
- Proactive time management of any changes to delivery, including review, challenge and approvals of changes are in place
- Manage and report on MRA, MRIA and issue closure verification status

Resource Management & Modeling
- Proactively manage resources 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 on opportunities to optimize staffing
- Review resource options with ACDs and identify downstream impacts
- 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 rotational analysts

Financial Oversight and Talent Management
- Propose team travel/training/consulting budget and monitor spend after approval
- Work with IAD Operations to update cost allocations to BUs/Infrastructure
- Monitor hiring process and confirm proper procedure followed with terminations
- Ensure achivement of the Work Force Strategy and Labor cost targets
- 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 award (John J. Mack, STAR, Audit Director Awards)

Process Improvement
- Identify and implement improvements in processes to enhance efficiency
- Engage with Transfornmation office and DA to review project Delta opportunities

Organizational Engagement, Communication and Project Management
- Liaise with internal stakeholders to communicate decision and drive action
- Set agendas for Directs meetings, Town Halls, Skip-level meetings, Offsites, etc.
- Support OpCo and Operations in developing strategy and goals for team
- Actively participates in the development and implementation of new policies, processes, tools and expectations to implement enhanced resource management capabilities

Compliance
- Support IAD operations initiatives and communications
- Support adherence to firm and department policies and procedures
- Quarterly and/or Board Report production, reviewing metrics, and finalizing for submission

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