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

Morgan Stanley • New York, NY

19h

About The Position

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, operational, model and other risks. Background on the Position The role is within the FRM's Credit Risk Management department as part of the Financial Institutions Credit coverage team, dedicated to supporting the Firm's Securitized Products Lending. The business coverage includes transaction management and approval of highly structured lending across a range of corporate loan products including First Out lending and Structured Margin Financing. The principal responsibilities of the role include the evaluation of borrowers and transactions, as well as the monitoring and maintenance of existing loans and counterparty portfolios that result from direct and indirect exposures. Fulfillment of these responsibilities involves the following:

Requirements

• Bachelor's degree required; MBA is a plus
• 3 - 8 years of related work experience preferred with a major financial institution; title commensurate with experience
• Experience in evaluating lending transactions including cashflow modeling and stress analysis preferred, experience with leveraged loans a plus
• Strong analytical experience with financial institutions, private equity funds or insurance companies desired
• Excellent written and verbal communication skills
• Ability to work under pressure, balancing multiple deliverables
• Team player with the ability to work effectively in a collaborative environment
• Advanced skills in Microsoft Excel and PowerPoint

Nice To Haves

• MBA

Responsibilities

• Coverage includes indirect corporate exposure arising in Asset Backed structures, collateral corporate loans within Structured Margin Financing portfolios and lending in structured First Outs business.
• Monitor and manage financial health of coverage companies including handling of rolls, amendments and waivers.
• In cases of coverage company underperformance, escalate to senior management with recommendation on mitigants to effectively manage identified risks.
• Where required, recommendation of credit rating and risk appetite for the counterparty and/or collateral loan.
• Present to Credit Senior management for discussion and approval of large transactions.

What This Job Offers

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