Morgan Stanley

US Bank Audit, Associate, Business Audit

Posted On

Aug. 6, 2025

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

Sept. 3, 2025

Job Description

We're seeking an experienced Audit professional to join the U.S. Banks Audit team as an Associate to execute various assurance activities (i.e., audits, continuous monitoring, closure verification, risk assessments, etc.) to assess risk and formulate a view on the control environment for the U.S. Banks.

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 (P2) level position within Business Audit, which is responsible for inspecting controls in front, middle and back offices.

Since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses

What you'll do in the role:

Execute a wide range of assurance and oversight activities to identify & assess risks within coverage area and formulate a view on the control environment.
Facilitate conversations with stakeholders on risks, their impact and how well they are managed in a clear, timely and structured manner.
Support responses to regulatory requests impacting the U.S. Banks.
Assist in managing multiple deliverables in line with team priorities.
Develop clear and concise messages regarding risk and business impact within relevant coverage area.
Solicit and provide feedback and participate in formal and on-the-job training to further develop self and peers
Collaborate with a wide range of internal stakeholders to build effective working relationships and to execute on team deliverables.

What you'll bring to the role:

At least 3 years' relevant internal audit experience would generally be expected to find the skills required for this role with a preference for those with experience of auditing Bank products and associated regulations
College degree (or equivalent) required, CPA and/or Certified Internal Auditor (CIA) a plus
Foundational knowledge of key compliance requirements driven by various regulatory guidelines, including but not limited to Compliance Heightened Standards (12 CFR part 30 Appendix D) and Safety and Soundness requirements (12 CFR Section 37.8)
Strong understanding of audit principles, tools, and processes (e.g., risk assessments, planning, testing, reporting and continuous monitoring)
Ability to identify and analyze multiple data sources to inform point of view
Sound interpersonal skills with demonstrated ability to collaborate with key stakeholders, and to communicate clearly and concisely and adapt messages to audience
A commitment to practicing inclusive behaviors
Willingness to solicit and provide feedback to further develop self and peers

Coverage

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

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.

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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