RRQA - Financial Risk - Director - Finance Profile Description Were seeking someone to join our team as a Director in RRQA team. Finance In the Finance division, we act as a partner to business units around the globe by providing management, review, analysis, and advisory services of the Firms financial and capital resources Business Audit Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals. At Morgan Stanley India, we support the Firms global businesses, with critical presence across Institutional Securities, Wealth Management, and Investment management, as well as in the Firms infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India 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, theres ample opportunity to move across the businesses for those who show passion and grit in their work. Interested in joining a team thats eager to create, innovate and make an impact on the world? Read on What youll do in the role: The RRQA team works collaboratively across New York, Glasgow and Mumbai on a validation programme to support the continuously expanding regulatory reporting environment impacting the Morgan Stanley Finance Division.The Regulatory Reporting Quality Assurance Group (RRQA) is an independent second-line-of-defense group, responsible for validating processes upstream/downstream of Firm Risk Management (FRM) for Capital, Credit, Market, Operational and Liquidity Risk. RRQA is also responsible for validating processes supporting regulatory reporting submissions to various US and regional regulators as determined through its annual scoping and prioritization activities. RRQA's objectives include, but are not limited to, validating the regulatory reporting control environment which includes in-scope controls, data due diligence, governance and oversight, models/capital planning tools (tools), methodology and processes from transaction capture through sourcing and consolidation (i.e., completeness, accuracy and timeliness). The RRQA Director will drive the Regulatory reporting validations and quality assurance endeavours on a global basis, collaborating with global team & stakeholders. The review includes, but are not limited to, validating the regulatory reporting control environment which includes in-scope controls, data due diligence, governance and oversight from senior management & Board, models/capital planning tools consumed in the regulatory reporting, regulatory rules & methodology conformance, and processes testing from transaction capture through sourcing and to regulatory submission. Products subject to review may include derivatives, secured financing transactions, loans, securitizations, debt and equity. Skills Desired: Up to 8 years' experience, preferable in assurance and banking regulatory reporting space. Understanding of Financial Services or the Banking Industry. Understanding of Credit Risk, Market Risk, Liquidity Risk and Operational Risk Understanding of global and regional regulatory regimes and reporting such as Basel frameworks, capital adequacy assessment processes, recovery and resolution