Internal Controls Associate

JR035266

Glasgow

The Financial Control Group (FCG) is responsible for overseeing the accounting and financial and regulatory reporting for the Firm. FCG prepares external financial reports for public filings and regulators. For internal reporting FCG, along with Financial Planning and Analysis (FPA), summarizes, plans and forecasts the organization's financial position, including income statements, balance sheets, and analyses of future revenues, expenses and earnings. FCG is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, Tax and Valuation Review.

This is an Associate level position within our Risk, Assurance, Governance & Control Job Family which provides oversight and monitoring of operational risk or third party/outsourcing for the global Finance division, validation and testing of financial and regulatory reports and reinforcement of regulatory requirements, policies and procedures.

What will you be doing?
The role will reside within the Finance Division, under the Finance Risk and Assurance function that supports a number of Morgan Stanley's key validation programs including SOX Compliance, Large Financial Institutions (LFI) Key Control Validation and the Morgan Stanley 17a-5 Broker Dealer Compliance program as well as the overall Finance Risk agenda. These programs require management to document, assess and make representations about the effectiveness of the Firm's internal control framework. Participation in this requires understanding of internal control activities, interpretation of the regulations and coordination of activities across the division.

The broader Finance Risk agenda includes, but is not limited to, governance of the Global End User Computing procedures, Risk & Control Self-Assessment (RCSA) governance and reporting, FDIC Improvement Act (FDICIA) testing and other operational risk related topics. This dynamic position offers the candidate an exceptional opportunity to gain exposure and learn various processes across the Finance 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.

In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis and advisory services of the Firm’s financial and capital resources.

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 we're looking for:
> Ongoing oversight of testing progress through regular communication, team touchpoints, and tracker maintenance, ensuring accuracy and timely updates to the PMO.
> Providing consistent and constructive feedback, summarizing and detailing testing findings, and maintaining stakeholder engagement.
> Understanding of FRA's SOD and SOX control testing methodologies and processes.
> Ability to complete and review Finance and Operations process control documentation for annual validations, including reviewing walkthrough notes and ensuring process flowcharts are accurate and up to date.
> Identifying opportunities to improve testing efficiency through effective use of the Firm's generative AI tools.
> Ability to understand and document WM product concepts.
> Excellent analytical, technical, and problem-solving abilities with strong attention to detail.
> Proficiency in Excel, PowerPoint, Word, and SharePoint.
> Strong verbal and written communication skills, with the ability to engage stakeholders at all levels, including Senior Management.
> Intellectual curiosity with a commitment to knowledge sharing and staying current on industry developments.
> Strong collaboration skills.
> Flexibility to learn quickly and adapt in a fast-paced environment.


What you'll bring to the role:
> Knowledge of the internal control framework and a solid understanding of the concepts of control design and operational efficiency
> Understanding of control testing methodologies and processes
> Ability to assist with documentation of Finance process controls to support compliance audits, including performing walkthroughs and developing process flow charts
> Ability to understand and document banking product concepts
> Excellent analytical, technical and problem solving skills with strong attention to detail
> Advanced working knowledge of MS Excel, PowerPoint, Word, and SharePoint
> Highly developed verbal and written communication skills, with the ability to communicate with key stakeholders of all levels, including Senior Management
> Intellectual curiosity with a focus on information sharing and keeping up with industry standards/developments
> Collaborative relationship building skills
> Flexibility to constantly learn and adapt in a fast-paced environment

> At least 2 years' relevant experience would generally be expected to find the skills required for this role

Unfortunately we’re unable to provide visa sponsorship for this role because it doesn’t meet the government’s requirements for Skilled Worker visas. We would only be able to offer you this role if you can demonstrate proof of Right to Work in the UK.

#LI-HF1 #LI-Hhybrid #GLREP

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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 this 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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.