Credit Risk: ISG Lending FSL SMF (Risk Management) : Job Level - Associate

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, model and other risks.

The FRM Credit Risk Management - Securitized Products Group's (SPG) Structured Margin Financing (SMF) team is seeking an Associate. SPG's SMF business provides collateralized financing on securitized products and corporate credit assets to primarily hedge fund and private equity clients. The primary responsibility of this role is to evaluate credit risk on reverse repo and total return swap (TRS) transactions. The Associate will contribute to the analysis and review, facilitating transaction approval, and lifecycle management of complex financing arrangements, with a focus on maintaining high standards of risk management and compliance.

Primary Responsibilities

• Support senior coverage officers in the oversight of the SMF repo and TRS financing portfolios, including the determination of risk rating and appetite of counterparties, assessment of trade and underlying collateral, and providing risk recommendations.
• Independently evaluate new trades, rolls and extensions, amendments, and trade document negotiations. Prepare trade approval materials to support risk decisions in presentation materials.
• Facilitate and lead critical meetings with key stakeholders, encompassing client due diligence, firm credit committees, and trading desk discussions.
• Prepare materials for internal and external parties, including regulatory agencies and internal audit teams.
• Monitor portfolio's collateral performance and counterparty credit risks, assist in preparing ad-hoc reports for senior management, as needed.
• Perform quantitative and qualitative analyses utilizing various databases (such as rating agency research and reports, Intex, etc).
• Support training and development initiatives for junior team members. Qualifications
• A bachelor's degree is required
• 3 years credit risk experience; structured/illiquid securities financing or related at a major financial institution strongly preferred
• Strong communication skills, both verbal and written, are required
• Ability to think creatively and strategically, and thrive in a dynamic work environment
• Proactive and results-oriented mindset
• Strong organizational skills
• Ability to effectively prioritize and handle multiple tasks under tight deadlines
• Ability to work collaboratively within a team and with counterparts in other groups

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 $100,000 and $140,000 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).