MS Private Credit- Loan Execution- Associate/Senior Associate

Morgan Stanley•New York, NY

12h•$105,000 - $140,000

About The Position

Work with internal teams including Operations, Finance and Liability Management to ensure sufficient funding is available in advance for all deal execution activity Assist Operations team in providing KYC to Administrative Agents in advance of deal closings Provide allocations to agents and review funding notices to ensure that allocations and economics reconcile to MSPC's internal records Communicate relevant deal related information to downstream service providers such as fund administrators, trustees and shadow books and records provider Review security master detail to ensure that all mandatory fields are populated and accurate in advance of trade bookings Book trades within MSPC's order management system and confirm the successful transmission downstream to relevant service providers Ensure that fundings are released as early as possible after all internal and external approvals have been received Assist in agency-related operational tasks for deals in which MSPC is selected as Administrative Agent Work with MSPC sub-agent, Alter Domus, to collect borrower and lender KYC Coordinate and obtain allocations for all lenders in the syndicate to be provided to sub-agent Prepare, review and reconcile funds flow in coordination with MSPC Operations, Investment Team and relevant sponsor or deal counsel Assist with all internal communication needed across Operations, Finance, Liability Management and Investment Team to ensure successful deal execution 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 $105,000 and $140,000 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

Bachelor's degree or equivalent education required
3-7 years of relevant operations experience in private credit/direct lending deal execution
Strong problem solving skills and ability to interact directly with multiple internal teams and external counterparties
Effective written and verbal communication skills are a must
Strong computer skills, especially Excel
Extremely organized and ability to multi-task
Must be meticulous, detail-focused and consistently accurate
Ability to effectively prioritize and handle multiple tasks and work in a fast paced environment

Responsibilities

Work with internal teams including Operations, Finance and Liability Management to ensure sufficient funding is available in advance for all deal execution activity
Assist Operations team in providing KYC to Administrative Agents in advance of deal closings
Provide allocations to agents and review funding notices to ensure that allocations and economics reconcile to MSPC's internal records
Communicate relevant deal related information to downstream service providers such as fund administrators, trustees and shadow books and records provider
Review security master detail to ensure that all mandatory fields are populated and accurate in advance of trade bookings
Book trades within MSPC's order management system and confirm the successful transmission downstream to relevant service providers
Ensure that fundings are released as early as possible after all internal and external approvals have been received
Assist in agency-related operational tasks for deals in which MSPC is selected as Administrative Agent
Work with MSPC sub-agent, Alter Domus, to collect borrower and lender KYC
Coordinate and obtain allocations for all lenders in the syndicate to be provided to sub-agent
Prepare, review and reconcile funds flow in coordination with MSPC Operations, Investment Team and relevant sponsor or deal counsel
Assist with all internal communication needed across Operations, Finance, Liability Management and Investment Team to ensure successful deal execution