CRE Credit Risk (Risk Management) : Job Level - Vice President

Morgan Stanley • New York, NY

7d

About The Position

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 Commercial Real Estate (CRE) transactions secured on all property types. The principal responsibilities include the evaluation of new transactions, managing a growing portfolio of existing loans, and mentoring junior talent across the global team.

Requirements

• Bachelor's Degree
• Minimum 8-10 years of experience in a similar CRE credit role
• Significant experience in commercial real estate lending and credit underwriting
• Have a good knowledge of typical CRE transaction structures, documentation, and the lending process
• The ability to effectively communicate with a wide range of internal, external, and regulatory stakeholders
• Strong attention to detail and ability to provide information in usable formats
• An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
• Curiosity and self-motivation to develop expertise in commercial real estate products, markets, and risk management practice

Responsibilities

• Responsible for Credit coverage of the Institutional Securities Group (ISG) CRE business including both CMBS and balance sheet lending
• Partnering with senior business unit members for originations and asset management and interacting with clients in due diligence meetings
• Present transactions to Firm approval committees, the Global Head of CRE Credit Risk, and the Global Head of Structured Products Credit Risk
• Training and development of junior team members
• Ensuring timely review of new transactions as well as annual and quarterly reviews of existing loans by the credit coverage team, maintaining consistent high-quality documentation, and liaising with internal and external stakeholders including regulators.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees