Internal Audit Director - Third Party Vendor Risk Management

Are you ready to take on a leadership role in one of the world's leading financial institutions? Morgan Stanley is seeking a dynamic and experienced Internal Audit Director for Third Party Vendor Risk Management to join our team. In this role, you will play a critical role in ensuring the effective management of third party relationships and mitigating any potential risks. We are looking for an individual with strong leadership skills, a deep understanding of vendor risk management, and a passion for driving continuous improvement. If you are ready to make an impact in a fast-paced and challenging environment, we want to hear from you.

1. Develop and implement a comprehensive third party vendor risk management program for the organization.
2. Conduct risk assessments and due diligence on potential third party vendors to ensure compliance with regulatory requirements and company policies.
3. Monitor and evaluate existing third party relationships to identify potential risks and ensure appropriate remediation.
4. Create and maintain policies and procedures related to third party vendor risk management.
5. Lead a team of auditors to conduct audits and reviews of third party vendor relationships.
6. Communicate findings and recommendations to senior management and collaborate with stakeholders to implement necessary changes.
7. Stay updated on industry best practices and regulatory requirements related to third party vendor risk management.
8. Develop and maintain strong relationships with key stakeholders, including business units, legal, and compliance teams.
9. Provide guidance and training to employees on third party vendor risk management policies and procedures.
10. Monitor and report on the effectiveness of the third party vendor risk management program to senior management and the board of directors.

According to JobzMall, the average salary range for a Internal Audit Director - Third Party Vendor Risk Management in Baltimore, MD, USA is between $130,000 to $180,000 per year. This can vary depending on the specific company, level of experience, and other factors such as bonuses and benefits.

Morgan Stanley provides investment banking products and services to its clients and customers including corporations, governments, financial institutions, and individuals. It operates through the following business segments: Institutional Securities, Wealth Management, and Investment Management. The Institutional Services segment provides financial advisory, capital-raising services, and related financing services on behalf of institutional investors.