Fixed Income Operations Associate
About The Position
Review of relevant credit and closing documentation to build out bilateral and syndicated loan facilities in internal booking systems Daily loan servicing including borrowing/funding requests, settlement/paydown processing for bilateral and syndicated facilities Collateral review and management: load and review of daily custodial reports; coordinate with external document custodian on exceptions. Execution of collateral releases for the shipment of loan documents to investors purchasing loans off the warehouse line. Borrowing base management: monitoring warehouse line expiration dates, advance limits, collateral eligibility, and deficiencies; coordinate with client and Business Unit as needed. Where applicable, coordinate with Credit and Business Unit on temporary exceptions. Daily review of exception/break reports and taking appropriate actions to resolve Preparation and distribution of periodic interest & fees invoices Fielding other ongoing/ad hoc inquiries/requests from clients. Required Loans servicing and closing experience. Be able to review CA and read notices. experience Junior level knowledge of loans processes. Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests Culture carrier across Operations, embracing the Firm's core values At least 2 years' relevant experience would generally be expected to find the skills required for this role We do it in a way that's differentiated - and we've done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser. Expected base pay rates for the role will be between $65,000 and $103,000 per year at the commencement of employment. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Requirements
- Loans servicing and closing experience.
- Be able to review CA and read notices.
- Junior level knowledge of loans processes.
- Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision
- Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests
- Culture carrier across Operations, embracing the Firm's core values
- At least 2 years' relevant experience would generally be expected to find the skills required for this role
Responsibilities
- Review of relevant credit and closing documentation to build out bilateral and syndicated loan facilities in internal booking systems
- Daily loan servicing including borrowing/funding requests, settlement/paydown processing for bilateral and syndicated facilities
- Collateral review and management: load and review of daily custodial reports; coordinate with external document custodian on exceptions.
- Execution of collateral releases for the shipment of loan documents to investors purchasing loans off the warehouse line.
- Borrowing base management: monitoring warehouse line expiration dates, advance limits, collateral eligibility, and deficiencies; coordinate with client and Business Unit as needed.
- Where applicable, coordinate with Credit and Business Unit on temporary exceptions.
- Daily review of exception/break reports and taking appropriate actions to resolve
- Preparation and distribution of periodic interest & fees invoices
- Fielding other ongoing/ad hoc inquiries/requests from clients.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
