Fixed Income Secured Lending Underwriter - SPG, London

Department Profile

The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Securitized Products, and Municipal Securities. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets.

Morgan Stanley's FID Secured Lending (FSL) team focuses on warehouse lending for mortgage and consumer loan pools, and other asset backed financing within the Securitized Products Group (SPG). This is an expanding business within Fixed Income being recognized for providing traditional and innovative financing techniques, helping a wide range of clients throughout Europe to execute their business strategy.

We are currently seeking interested Associate level candidates to join our FSL team based in London. Successful candidates will be expected to underwrite loans working closely with clients and senior members of the team in London.

Primary Responsibilities

The successful addition to the FSL team will have a wide range of responsibilities and will be expected to manage, and be involved in, the full process of sourcing, underwriting and executing financing transactions backed by portfolios of mortgage and real estate assets. Duties will include and not be limited to:

• Underwriting and structuring the financing of ABS portfolios including consumer loans, auto loans, SME loans as well as esoteric asset classes
• Establishing and maintaining appropriately targeted client relationships and differentiating Morgan Stanley through proprietary content over time
• Review of transaction documentation with legal counsel and negotiation of commercial terms.
• Ensuring efficient interaction and close collaboration with key stakeholders across the firm and globally
• Liaising with various internal functions to facilitate internal approval of transactions, including credit committee presentations

Skills required (essential)

• Strong academic background coupled with minimum 3 years of professional experience and track record of success in real estate, securitized products or financial institutions
• Experience with private equity and hedge fund clients
• Strong understanding of the ABS market and experience in real estate lending, structured finance or investment banking
• Strong analytical and modelling skills - proficiency in MS Excel and Intex
• Excellent communication and organizational skills
• Ability to effectively prioritise and handle multiple tasks under tight deadlines
• Self-motivated, goal-oriented; team player with add value ethos

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.

Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.