Credit Risk Management is looking to hire an Associate to the Municipals credit risk management team. The team coverage derivatives and lending products for all public finance counterparties, including governmental entities, tax-exempt not-for-profit organizations, and other public benefit entities in the U.S. and Canada.
The principal responsibilities of the role include primary coverage in all public finance sectors. Fulfillment of these responsibilities requires the ability to:
- Assess new transactions, including an independent assessment of credit quality of prospective counterparties, recommendation of transaction support, and escalation to senior management, as required
- Present credit opinions to Credit Senior management and business units for discussion and approval loan transactions
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- Collaborate with business units on structuring and documentation for proposed transactions
- Portfolio management and oversight of Municipal sub-sectors
- Assist with the risk management by setting and monitoring credit limits Qualifications
- Minimum 3 year of public finance experience
- Strong critical thinking and analytical skills
- Excellent written and verbal communication skills
- Experience in risk management of derivatives and lending products
- Demonstrable track record of working under pressure and managing multiple projects with limited supervision
- Strong team player able to work effectively in a team environment
- Strong in both Microsoft Excel and Powerpoint
- Graduate degree preferred but not required
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
Expected base pay rates for the role will be between $85,000 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).