Morgan Stanley is a global financial services firm that maintains significant market positions in each of its business segments Institutional Securities, Wealth Management, and Investment Management. Morgan Stanley, through its subsidiaries and affiliates, provides a wide variety of products and services to a large and diversified group of clients and customers, including corporations, governments, financial institutions, and individuals. Institutional Securities provides a variety of products and services to corporations, governments, financial institutions, and ultra-high net worth clients. Wealth Management provides a comprehensive array of financial services and solutions to individual investors and small to medium-sized businesses and institutions covering: financial advisor-led brokerage and investment advisory services; self-directed brokerage services; financial and wealth planning services; workplace services including stock plan administration; annuity and insurance products; securities-based lending, residential real estate loans and other lending products; banking; and retirement plan services.SummaryResponsible for executing the internal controls testing program within the first line Operational Risk Management team covering Morgan Stanley Private Bank, NA and Morgan Stanley Bank, NA. The controls testing program includes annual validation of the Banks' key controls as well as validation of MRAs and other issues prior to closure. This position is a key individual contributor in the evaluation of the adequacy, effectiveness, and efficiency of internal controls and documentation of test results, along with providing recommendations to mitigate weaknesses.Responsibilities:• Develop test plans and execute design and operating effectiveness testing of operational controls identified by Bank management, which could include financial, technology, and/or compliance components.• Prepare work papers, schedules, and summaries documenting testing and issues identified in accordance with Bank procedures.• Validate remediation of control deficiencies, internal audit findings, Matters Requiring Attention (MRAs), etc.• Proactively manage deliverables to completion and report status and roadblocks to management timely• Participate in risk and control change management projects with management and provide recommendations for improvement.• Support ad-hoc Bank management initiatives in collaboration with second and third lines of defense• Build and maintain effective relationships with key stakeholders including control owners, operational risk management partners, and internal audit partners.Requirements:•Bachelor's degree in accounting, Finance, Economics, or related field •2+ years relevant experience in public accounting, or internal audit or other risk/testing function •Strong risk and control mindset and ability to think critically to solve problems.•Strong oral and written communication skills•Ability to leverage and analyze data to inform focus and views on risk.•Ability to build and maintain professional relationships with key stakeholders/process owners.•Working knowledge of key US banking regulations •Working knowledge of data, application, IT general and end user computing controlsPreferred Qualifications:•Experience in financial services industry preferred. Expected base pay rates for the role will be between $70,000 and $100,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.*Expanded legislation requires that roles that sit in other state locations, but report to a manager in NY, must have the above language included in postings with the pay scale reflective appropriately to the location where the role will be sitting.Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).