Credit Risk: ISG Lending, CRE – Vice President

Morgan Stanley • New York, NY

1d • $120,000 - $205,000 • Onsite

About 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 rapidly growing portfolio of existing loans, and monitoring upcoming renewals and repayments.

Requirements

• Minimum 8-10 years of experience in Commercial Real Estate (CRE) underwriting, credit risk or similar CRE Credit role
• Have a good knowledge of typical CRE transaction structures, documentation, and the lending process
• Curiosity and self-motivation to develop expertise in commercial real estate products, markets, and risk management practice
• Highly organized, able to independently manage multiple priorities in fast-paced environment
• Strong leadership and is a collaborative team player who builds strong relationships and influences outcomes across diverse groups
• Exceptional written and verbal communication skills, with the confidence to present complex concepts clearly to senior stakeholders
• Advanced proficiency in Microsoft Excel and PowerPoint
• Bachelor's degree required

Nice To Haves

• Master's degree or CFA Charter holder is a plus

Responsibilities

• Lead and manage the Credit coverage of the Institutional Securities Group (ISG) Commercial Real Estate business including both CMBS and balance sheet lending
• Present and defend credit analyses and recommendations to senior management, credit committees, and other key stakeholders
• Collaborate with business units, regulatory agencies, internal audit, and external partners to ensure robust risk management practices
• Own the evaluation and approval process for new facility originations, renewals, amendments, and loan modifications, escalating issues as appropriate
• Ensure timely review of annual and quarterly reviews of existing loans by the credit coverage team, maintaining consistent high-quality documentation, and liaising with internal and external stakeholders
• Recommend and implement risk mitigation strategies, ensuring alignment with firm-wide risk appetite and regulatory requirements
• Train, mentor, and develop junior team members, fostering a culture of continuous learning and professional growth

Benefits

• Ample opportunity to move about the business for those who show passion and grit in their work.
• Attractive and comprehensive employee benefits and perks in the industry.
• Morgan Stanley sponsored benefit programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager