Credit Review Group, Director (AVP equivalent)

London, England, United Kingdom

8/12/2025

Credit Review Group, Director (AVP equivalent)

London

JR018365

We are seeking an experienced candidate to join our Internal Audit team in London as a Director who will be responsible for performing assurance activities on the Credit Review Group (CRG) with specific emphasis on the UK and EMEA. CRG is responsible for the independent assessment of the quality of loan underwriting, adequacy of credit assessment and monitoring, accuracy of credit ratings, and compliance with relevant credit policies as well as relevant regulatory guidance relating to credit risk.

CRG, which is organized as a specialist group within 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 Director level position within the Credit Review family, which is responsible for inspecting controls underlying the creditworthiness of the Firm’s loan portfolio.

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

Work closely with CRG leadership in London and New York to:

• Execute and lead a wide range of credit review activities (e.g., audits, continuous monitoring, closure verification) to assess risks within coverage areas and the state of controls in place to mitigate them, specifically including the appropriateness of internal and regulatory risk ratings, credit approvals, credit monitoring and compliance with internal policy and regulatory guidance.
• Provide and document assurance of credible review and challenge of the firm’s credit risk processes to management and regulators
• Help identify existing and emerging risks and their impact to relevant to Credit Review to prioritize areas of CRG focus
• Facilitate conversations with stakeholders (e.g., CRG management) on risks, their impact and how well they are managed in a clear, timely and structured manner
• Effectively partner with colleagues and stakeholders globally to drive effective working relationships between teams in London and the broader EMEA region, NY and Mumbai
• Assist in managing multiple deliverables in line with team priorities and in accordance with credit review and audit methodology and quality standards.
• Support the CRG team’s representation in London, including ongoing communication between CRG and the EMEA-based IAD, CRM and Business Unit stakeholders on ongoing CRG related activity.
• Support CRG’s responsiveness to regulators including the Prudential Regulatory Authority (PRA), the European Central Bank (ECB), other EMEA regulators, as well as US regulators including the Federal Reserve Bank (FRB), OCC, etc.
• Solicit and provide feedback and participate in formal and on-the-job training to further develop self and peers
  
  

What You'll Bring To The Role

• At least 4 years' relevant experience with credit risk management and/or credit review at a large, multinational peer institution or global credit risk rating agency would generally be expected to find the skills required for this role
• Strong understanding of market drivers, credit risk/review principles, methodology, processes, and regulations
• Sector-specific knowledge in counterparty exposures, commercial real estate, leveraged lending, asset-based lending, allowance for loan loss reserves, non-bank financial institutions, sovereign analysis, Shared National Credit (SNC) process, etc. preferred
• Strong understanding of audit principles, methodology, tools and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
• An understanding of PRA, ECB, OCC, FRB and other EMEA regulatory guidelines on various credit related matters including, but not limited to, rating credit risk, counterparty credit risk, identification of default, etc.
• Ability to identify and analyze multiple data sources to inform point of view on risk
• Ability to ask meaningful questions, understand various viewpoints and adapt messaging on risk and impact accordingly
• A commitment to practicing inclusive behaviors
• Effective project management skills and ability to support teams in adapting new ways of working
• Ability to support an inclusive work environment for team
• Relevant certifications (e.g., CIA, CAM CFA, FRM, CRMA, etc.) preferred
  
  

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 over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements

If t his role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.