Morgan Stanley

Credit Risk Audit, Associate, Business Audit

Posted On

May 19, 2025

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

June 18, 2025

Job Description

We're seeking someone to join our team as a Credit Risk Audit Associate, with audit or credit risk experience. The role is at an Audit Associate level, covering MS Credit Risk.

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 an Associate level (P2) position within our 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:

Execute a wide range of assurance activities (e.g., audits, continuous monitoring, closure verification) with guidance within the Credit Risk domain
Understand and adopt new audit tools and techniques
Develop clear and concise messages regarding risk and business impact within relevant coverage area
Identify and leverage data to incorporate into analysis of coverage area
Collaborate with a wide range of internal stakeholders to build effective working relationships and to execute on team deliverables
Effectively manage multiple deliverables while delivering high-quality work

What you'll bring to the role:

At least 2 years' relevant experience would generally be expected to find the skills required for this role
Understanding of audit principles, tools and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
Ability to communicate clearly and concisely and adapt messages to audience
Ability to identify patterns and anomalies in data with guidance
A commitment to practicing inclusive behaviors
Willingness to solicit and provide feedback to further develop self and peers
Experience in auditing capital markets or credit risk management in a bank or broker / dealer regulated environment, as the individual must have a good understanding of the financial services industry; the associated regulatory environment; and internal audit processes
CA, CIA, CFA and /or FRM qualifications a plus

Coverage

Monday to Friday from 12:00PM to 9:00PM India time with flexibility on standard working hours for time sensitive matters.
Periodic evening calls with US and EMEA Internal Auditors and auditees.
Hybrid working 4 days in office

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.

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.

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