Were seeking someone to join our team as an Associate in our Centralized Closure Verification team responsible for closure verifying audit and regulatory identified issues.

In the Audit division, we provide senior management an objective and independent assessment of the Firms internal control setting for risk management and governance. This is an Associate level position within Business Audit, which is responsible for inspecting controls in front, middle and back offices.

Responsibilities

- Understanding of the audit principles, tools, processes especially around issue validation/closure verification process.
- Conduct comprehensive validation of remediation efforts including enhanced/new controls and/or corrective actions completed by the Management
- Understanding the risks and root cause associated to the issues and testing of the design and/or operating effectiveness of the controls in a timely manner
- Effectively communicate with stakeholders to gather supporting documentation and provide real time updates
- Formulate viewpoint on the appropriateness of Managements remediation efforts and provide credible challenge and recommendations to stakeholders where needed
- Document the work performed to clearly articulate the results/conclusion of testing or validation activities in line with guidelines/methodology




- Ability to understand and adopt new audit tools and techniques (e.g., data analytics) and participate in learning and development opportunities to ensure the use of best-in-class processes and procedures
- Identifying and implementing efficiencies and process improvements related to the issues validation work

Requirements

- 3-6 years of working experience within Audit or Control functions (like Risk management or Compliance) within banking industry
- Ability to effectively multi-task and manage multiple competing deliverables within tight timeframes without compromising on quality of output
- A commitment to practicing inclusive behaviors
- Willingness to solicit and provide feedback to further develop self and peers
- Prior relevant experience in the financial services industry is required with basic understanding of the business (such as Sales Trading, Investment Banking, Investment Management, Wealth Management etc.) and/or technology as well as of relevant regulatory requirements (i.e., Heightened Standards) for large Banks and related regulatory requirements/expectation

Qualifications

- Masters/ Bachelors Degree (Finance related preferred)
- ACA, CPA, CIA, CRMA, CAMS, CISA, CISM qualifications or equivalent is preferred

📌 Centralized Closure Verification, Associate, Business Audit (Maharashtra)
🏢 Morgan Stanley
📍 Maharashtra