Credit Risk (Risk Management) : Job Level - Associate

Firm Risk Management

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.

Background on the Position

The role will reside within the Firm Risk Management's Credit Risk Management area which is a team dedicated to evaluating credit risk transactions considering the availability and appropriateness of arrangements for reducing risk or risk mitigation. The department also assigns Internal Credit Ratings; establishes and manages credit risk limits in accordance with the risk tolerance established by the Board; monitors and reports on credit risk exposures on a regular basis to the Chief Risk Officer and Firm Risk Management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.

This is a multi-faceted role responsible for coverage of highly structured transactions secured by various types of collateral such as franchise royalties, digital infrastructure assets, and LP commitments, as well as sponsor related activities. The principal responsibilities include the evaluation of new transactions and subsequent collateral pledges, portfolio management of existing facilities, and monitoring upcoming renewals and repayments.

Primary Responsibilities

• Responsible for credit coverage of warehouse lending portfolio collateralized by whole operating businesses, project finance assets and LP commitments
• Conducting client diligences and leading risk discussions with senior business unit members and to senior Credit officers related to new and existing transactions within coverage portfolio.
• Assessment of new transactions including renewals, amendments, and waivers as well as liaising with internal and external stakeholders including regulators and internal audit.
• Present transactions to Firm approval committees and quarterly review Credit committees of higher risk loans
• Training and development of junior team members
  
  

Experience

• Bachelor's degree required
• Minimum 3-5 years of experience in covering specific or general corporate industries or project finance or sponsor / private equity in Credit Risk
• Prior experience with analyzing leverage loans and / or structured transactions preferred
• Strong cash flow modeling and stress analysis skills
• Strong written communication and presentation skills
• Excellent organization skills and the ability to multitask with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables
  
  

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 89 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.

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).