Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries. 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. Morgan Stanley 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.
Professionals within Legal and Compliance provide a wide range of services to our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses.
The Operations Testing team is part of the broader Testing & Examinations Department within Wealth Management Compliance. The team plans and executes the Operations Testing Program.
The Operations Testing Officer will report to the Operations Testing Manager and will support the planning and execution of the Operations Testing Program. The primary responsibilities of this position include: - Perform testing of business unit processes. The testing process includes preparatory investigation (obtaining background information on regulatory and policy requirements, reviewing procedure and process documentation, documenting the key controls to be tested, and determining testing approach such as sampling methodologies) followed by test execution (via interviews, observations, re-performance of key controls, etc.) - Document all testing parameters, activities and findings in the testing work papers, in accordance with the Firm's testing standards - Compile the test report on the adequacy and effectiveness of the controls that were tested, and document any issues found and their respective corrective action plans - Confirm all remediation action plans are completed, and the relevant process re-tested where needed
-Prior experience in internal audit, compliance testing, operational risk management, or similar field required - Excellent oral and written communication skills, ability to communicate effectively with testing constituents at all levels of management Strong process documentation and report writing skills - Strong analytical skills: ability to understand new concepts and processes quickly, ability to anticipate how risks might manifest in practice and how tests can be designed to identify such risks - - Strong organizational and planning skills to handle large workload independently - Knowledge of financial services operations and systems preferred but not required - Proficiency in Microsoft products (Word, Excel, PowerPoint) - 5+ years' experience in audit, compliance, regulatory examinations, risk management or related field - FINRA Series 7, 9/10, or 24 preferred, but not required - BS/BA, preferably in business, finance or related field
Internal Number: 5576933
About Morgan Stanley USA
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