Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services, with offices and employees around the world. As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

The Finance team is responsible for overseeing the accounting and financial and regulatory reporting for the Firm. Finance team prepares external financial reports for public filings and regulators. For internal reporting Finance team, 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. Finance team is comprised of Business Unit Controllers, Infrastructure Controllers, Accounting, Regulatory and Reporting groups, and Valuation Review.

Background on the Function:

The role will reside within the Finance Division, under the Finance Risk and Assurance (FinRiA) function and will support overall Finance Risk agenda. As the SOX oversight lead in Mumbai, will support the Global SOX group covering various aspects of the function, including (i) Management of SOX attestation processes performed out of Mumbai including annual SOX scoping, SOX ICFR monthly issues analysis, Global Audit Committee papers for SOX, annual Fraud questionnaire, risk survey and annual testing programs (ii) Large Financial Institution (LFI) key controls analysis and testing co-ordination and (iii) FDICIA testing and SEA 17a-5 Broker-Dealer Compliance Program

Responsibilities Include but are not limited to:

• Supervise and Oversee the identification, documentation, and assessment of key controls across Finance and Operations, as well as partnering with the business on any remediation efforts.
• Develop and manage working relationships with key stakeholders including divisional risk leads and process owners, Finance Management & Team Leads in Mumbai, Operational Risk Department and External Auditors.
• Assist in the development and rollout of scoping methodology, testing strategy, and integrated SOX and operational risk framework
• Supervise additional validation reviews supporting Global Sustainability Finance (GSF), Proxy Statement and Diversity & Inclusion report. In addition, support activities related to New Product Approval and Business Continuity Planning.
• Engage with subject matter experts and key contacts to ensure issues are promptly and fully evaluated & escalated.
• Document control deficiencies which are clear, concise and provide value to management.
• Project Management including leading / participating efforts for process standardization, short-term tactical improvements, and long-term strategic initiatives to enhance reporting and other processes.
• Analyze any changes to internal business processes to assess the potential risks and impact to controls in place.
• Demonstrate sound judgment regarding risk and constructively challenge process owners, across all the finance divisions (Institutional Securities, Company, Investment Management and Wealth Management).
• Promote efficiency initiatives including identifying automation opportunities, creating associated business requirement statements and supporting implementation across all functions under FinRiA.

Qualifications

Skills Required:

• Chartered Accountant with 12-14 year’s experience in financial services/banking
• Experience in risk and control environment (SOX or Operational Risk), leading the program including test of design and test of effectiveness of the controls in place.
• Technically strong knowledge of SOX, GAAP and PCAOB standards
• Preferable from the Big 4 consulting firms
• Proven experience in supporting the execution and enhancement of the testing framework
• Excellent analytical, and problem-solving skills with strong attention to detail
• Critical dependency on strong oral and written communication skills
• Flexibility to adapt to a new and changing environment
• Time management skills to meet deadlines on multiple concurrent tasks
• Experience in managing a team of professionals (team size 10/12)