Morgan Stanley - Associate/Manager - Regulatory CCAR Audit

Role: Regulatory CCAR

Location: Mumbai

Level: Associate/Manager

Responsibilities :

Primary Responsibilities :

The individual in this role will be responsible for:

- Performing Capital Planning and CCAR audit reviews from planning through reporting within established budgets and the time frames for audit completion.

- Preparing audit planning documentation, participating in walkthroughs, and assessing the internal control environment through control and substantive testing.

- Evaluating the adequacy of design and effectiveness of key controls and potential business concerns by analyzing available documentation and asking insightful questions to identify root causes and drawing the appropriate conclusions.

- Documenting the results of work performed. The extent of documentation would include proper cross-referencing, checklists, indexing, documentation maintenance, documented exception follow-up procedures, etc.

- Developing audit findings and document business concerns, risks, root causes, and recommendations in writing for inclusion in the Audit Report.

- Participating in follow-up meetings concerning open audit issues and regulatory findings.

- Building credible relationships with clients in the Regulatory Reporting and Treasury functions and communicating effectively both orally and in written form.

- Reviewing work papers to ensure they meet internal standards.

Skills required (essential) :

- Experience in financial services with a preference for those with experience of auditing or preparing regulatory reports, particularly CCAR related reports.

- A general understanding of the financial services industry and the associated regulatory environment.

- Self-motivated, able to work independently, resolve challenging issues with innovative ideas, and demonstrate strong analytical, interpersonal, team-working and communication skills.

- Professional accounting or auditing qualifications are a plus.