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 will reside within the Firm Risk Management's Credit Risk Management department, which is a team dedicated to managing credit risk and special assets associated with Morgan Stanley's leveraged finance and corporate lending originations businesses.
Primary Responsibilities:
- Evaluate leveraged lending requests across sectors from Morgan Stanley clients and present and defend recommendations to senior leadership within Credit Risk Management
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- Manage relationship with the business unit, including ensuring proper information flow and appropriately identifying and conveying credit issues
- Prepare and oversee documentation for credit decisions, including credit memos, loan amendments and valuation and impairment analysis
- Execute various projects related to credit policy and governance and regulatory guidance
- Maintain an active view of single name, sector, and industry trends and ongoing communication with senior stakeholders and onsite regulatory team Experience:
- Bachelor's Degree
- Minimum 10 years of credit-related experience
- Experience with leveraged lending, including large-scaled leveraged buyouts
- Excellent analytical skills with ability to assess complex information quickly and accurately
- Strong verbal and oral communication skills to condense and articulate complicated ideas and findings clearly and succinctly
- Ability to defend recommendations across multiple stakeholders, including credit risk management and the business unit management
- Ability to work under pressure managing multiple time-sensitive deliverables
- Workout experience a plus
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
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 $165,000 and $275,000 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).