Credit Risk (Risk Management) : Job Level - Associate

Morgan Stanley • New York, NY

87d • $100,000 - $140,000

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

• Bachelor's Degree required.
• 3-5 years of experience in a similar credit role.
• 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 stakeholders, both written and verbally.
• 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.
• Track record of presenting on CRE topics to senior management.

Responsibilities

• Responsible for Credit coverage of the Wealth Management (WM) CRE business.
• Partnering with business unit members and interacting with clients in due diligence meetings.
• Assist in the training and development of new associate colleagues and analysts as needed.
• Ensuring timely review of new transactions as well as annual reviews of existing loans, maintaining consistent high-quality documentation, and liaising with internal and external stakeholders.
• Present transactions to Firm approval committees.

Benefits

• Comprehensive employee benefits and perks.
• Opportunities for career advancement within the company.

What This Job Offers

• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees