Internal Controls Associate (FinRia SOX team)
Glasgow
JR002001
Morgan Stanley’s Finance Risk & Assurance (FinRiA) team is recruiting an Associate to assist in the the Sarbanes Oxley 404 (SOX) program and the overall FinRiA agenda, which includes but not limited to the support of the Risk Control Self-Assessment (RCSA) oversight and EUC governance. SOX is a significant regulatory requirement, which requires management to document, assess and make representations about the effectiveness of its internal control structure surrounding financial reporting. Participation in this requires understanding of internal control activities, interpretation of the regulation and coordination of activities across the division.
The ideal candidate possesses banking/financial services experience, with a focus on internal controls. Additionally, the candidate should have knowledge of project management, process flow mapping, design and documentation of controls and the ability to interact effectively with all levels of management and superior communication (written and oral) and organisational skills.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
What will you be doing?
- Oversee the identification, documentation and assessment of key controls across Finance and Operations, as well as work with the business areas to institute proper controls and remediation strategies.
- Communicate findings and recommendations to management, determine root causes, obtain management's action plan for remediation in a timely manner and track findings through resolution.
- Develop and manage working relationships with key stakeholders, including Risk Managers and Business Process owners.
- Assist in the development and rollout of scoping methodology, testing strategy, and integrated SOX and operational risk framework.
- Track metrics and coordinate reporting to project working groups, steering committees, senior management and external auditors.
- Document control deficiencies which are clear, concise and provide value to management.
- Review all relevant SOX testing support, inclusive of front-to-back process and product flows.
- Able to identify gaps between implemented controls and key risks and recommenced remediation actions.
What We’re Looking For
- Proven controls testing experience e.g. testing of the design adequacy and operating effectiveness of controls.
- Proven understanding of testing methodologies and processes.
- Proven experience in supporting the implementation of a testing framework.
- Experience in managing a team of professionals.
- Experience in risk and control environment (SOX or Operational Risk), including control design and testing (desired)
Skills That Will Help You In The Role
- Excellent analytical, technical and problem solving skills with strong attention to detail.
- Critical dependency on strong oral and written communication skills.
- Ability to understand and apply complex concepts.
- Flexibility to adapt to a new and changing environment.
- Time management skills to meet deadlines on multiple concurrent tasks.
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.
