We're 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 Firm's internal control environment 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.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role:
- Understanding of the audit principles, tools, processes especially around issue validation/closure verification process which primarily includes the following
- 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 Management's 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 current 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
What you'll bring to the role:
- At least 2 years of working experience within Audit or Co
📌 Centralized Closure Verification, Associate, Business Audit (Mumbai)
🏢 Morgan Stanley
📍 Mumbai
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