Credit Risk (Risk Management) : Job Level - Associate

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, model and other risks.

Background on 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.

Morgan Stanley is leading the way in innovative M&A financing through securitization structures. To support the business growth, CRM is looking for a new team member with credit underwriting experience in M&A transactions or project finance. This is a multi-faceted role responsible for coverage of highly structured transactions secured by franchise royalties or digital infrastructure assets such as data centers, fiber, and cell towers. The principal responsibilities include the evaluation of new transactions and subsequent collateral pledges, portfolio management of existing facilities, and monitoring upcoming renewals and repayments.

Primary Responsibilities
- Responsible for credit coverage of warehouse lending transactions collateralized by whole operating businesses and project finance assets
- Conducting client diligences and leading risk discussions with senior business unit members and to senior Credit officers related to new and existing transactions within coverage portfolio.
- Assessment of new transactions including renewals, amendments, and waivers as well as liaising with internal and external stakeholders including regulators and internal audit.
- Present transactions to Firm approval committees and quarterly review Credit committees of higher risk loans
- Training and development of junior team members - Bachelor's degree required
- Minimum 3-5 years of experience in covering specific or general corporate industries or project finance in Credit Risk
- Prior experience with analyzing leverage loans and / or structured transactions preferred
- Strong cash flow modeling and stress analysis skills
- Strong written communication and presentation skills
- Excellent organization skills and the ability to multitask with an interest in working in a fast-paced environment, often balancing multiple high priority deliverables

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. 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 $100,000 and $140,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting