Director - Loan Closing Operations
About The Position
We’re seeking someone to join our team as a Director in Fixed Income Operations within the NY Primary Origination team to manage the complete operational lifecycle of the loan origination process. The role provides an excellent opportunity for development and progression and includes a high degree of interaction with senior stakeholders within Operations as well as Investment Banking / Capital Markets, Sales & Trading, Legal, Compliance and Finance. In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Specialist position at Director level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…
Requirements
- Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels
- Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team
- Ability to operate independently across the majority of day-to-day responsibilities
- Culture carrier across Operations, embracing the Firm's core values and acting as a role model
- Knowledge of loan product and credit documentation
- Experience in financial services operations, risk management and supervising a team performing complex operational processes
- Ability to drive change and improve efficiencies on the team and work in a fast paced environment, both independently and as part of a team
- Bachelor’s degree or equivalent, preferably in Business
- Strong control mindset and excellent stakeholder/relationship management
- At least 4 years' relevant experience would generally be expected to find the skills required for this role
Nice To Haves
- LoanIQ experience is preferred
Responsibilities
- Serve as a subject matter expert within functional area, working with Team Manager to manage processes, risks and/or projects, proposing and implementing improvements/changes
- Act as key problem solver for area or expertise, applying detailed knowledge to address unique or novel situations, recognize risks and draw out key issues
- Coordinate work, train and develop other team members where required, including task allocation, and project contribution
- Closing and funding of syndicated loans and bilateral loans, reviewing loan documents, managing loan amendments, settlement of trades, and ensuring accurate set up and booking of transactions in the firm's books and records
- Risk management and supervisory of the entire loan lifecycle which includes client onboarding, booking and monitoring of transactions, reviewing deal structures for operational compliance, new product approvals, preparation of reports and metrics as well as periodic updates of policies and procedures
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What This Job Offers
Job Type
Full-time
Career Level
Director
