Credit Risk (Risk Management) : Job Level - Vice President

Note: This role will cover ABS Corporates, SMF and FO business

Firm Risk Management

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.

Background on the Position

The role is within the FRM's Credit Risk Management department as part of the Financial Institutions Credit coverage team, dedicated to supporting the Firm's Securitized Products Lending. The business coverage includes transaction management and approval of highly structured lending across a range of corporate loan products including First Out lending and Structured Margin Financing.

The principal responsibilities of the role include the evaluation of borrowers and transactions, as well as the monitoring and maintenance of existing loans and counterparty portfolios that result from direct and indirect exposures. Fulfillment of these responsibilities involves the following:

Primary Responsibilities

• Coverage includes indirect corporate exposure arising in Asset Backed structures, collateral corporate loans within Structured Margin Financing portfolios and lending in structured First Outs business.
• Monitor and manage financial health of coverage companies including handling of rolls, amendments and waivers.
• In cases of coverage company underperformance, escalate to senior management with recommendation on mitigants to effectively manage identified risks.
• Where required, recommendation of credit rating and risk appetite for the counterparty and/or collateral loan.
• Present to Credit Senior management for discussion and approval of large transactions. - Bachelor's degree required; MBA is a plus
• 3 - 8 years of related work experience preferred with a major financial institution; title commensurate with experience
• Experience in evaluating lending transactions including cashflow modeling and stress analysis

preferred, experience with leveraged loans a plus

• Strong analytical experience with financial institutions, private equity funds or insurance companies desired
• Excellent written and verbal communication skills
• Ability to work under pressure, balancing multiple deliverables
• Team player with the ability to work effectively in a collaborative environment
• Advanced skills in Microsoft Excel and PowerPoint

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients - helping them reach their goals. We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Expected base pay rates for the role will be between $120,000 and $205,,000 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.

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).