Morgan Stanley Fin Risk Assurance - Director - Finance Profile Description Were seeking someone to join our team as an Director in the Fin Risk 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: Take ownership of the validations, planning the approach for the validation, deciding the areas of testing based on risk-based evaluations and provide adequate oversight, direction and guidance to the team. Also, monitoring, tracking and reporting the progress of the validations to Senior Management. Become a subject-matter expert in regulatory reporting and ensure that the team has reasonably understanding of the regulatory expectations before starting the review and keep abreast of the changes in the regulatory instructions/ expectations for all relevant regions. Leading and driving the walkthroughs with global stakeholders, understanding the process, conducting independent risk-assessments, identifying the risk-mitigating controls and their design adequacy and operating efficacy assessment around the regulatory reporting control environment. Highlight your seniors, any areas requiring judgements, analyse the complexities of the mentioned area and provide potential solutions based on the analysis and professional judgement. Understanding and documenting the life-cycle of the regulatory reporting & submission process, driving the substantive testing, including the data due diligence through the data flow and processing through multitude of trade booking systems, aggregation systems and their hand-offs from the trade capture to the regulatory systems. Driving the substantive testing around the attributes/parameters consumed in arriving at the exposure and risk-weighted assets.