Morgan Stanley (“MS”) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities Group (“ISG”), Asset Management (“AM”) and Wealth Management (“WM).  WM includes almost 16,000 Financial Advisors and Private Wealth Advisors and offers comprehensive financial services to clients, such as brokerage, investment advisory, financial and wealth planning, annuities, insurance, retirement. In addition, the Private Banking Group (“PBG”) offers WM clients cash management and lending solutions.

Job Summary

The PBG Lending Group is seeking to build out its first-line credit risk function to coordinate credit risk management oversight and monitoring across lending products to ensure, including but not limited to:

(a) New loan originations fit within PBG risk appetite.

(b) Portfolio management oversight is robust including:

(i) Monitoring lending trends, KPIs & KRIs.

(ii) Identify deteriorating loan quality on a timely basis.

(iii) Stressed credit oversight, coordination and management.

(c) Coordinate with stakeholders on credit policies, underwriting guidelines, escalation frameworks, controls, risk metrics, etc. to ensure high quality originations & portfolio management.

(d) Assist in managing and remediating Credit-related RCSAs, regulatory and audit findings.

Role Summary

We are seeking an experienced Credit Risk Manager with between 5-15 years of experience in financial services, preferably with Credit Risk experience, to coordinate cross-product stakeholder engagement, perform process mapping and improvements, deliver enhanced monitoring and reporting, improve governance and oversight and additional job responsibilities, as needed. The ideal candidate has a strong analytical & collaborative mindset.

Key Responsibilities

• Build relationships and stakeholder coordination (e.g., business units, 2LOD credit risk, legal, compliance, audit, ops, etc.) on governance, frameworks, definitions, KRIs, portfolio management, etc. ensuring alignment with organizational goals.

• Lead the design and execution of solutions to enhance execution, oversight, monitoring, and reporting (e.g., cross-product risk huddles, committee meetings, centralized dashboards, etc.) associated with the job summary description.

• Develop & prioritize recommendations, present findings and progress updates to senior management, articulating the value proposition of proposals and securing buy-in from stakeholders.

• Mentor, train, and help develop more junior team members.

Qualifications

• Bachelor’s Degree required with preference for related field. Advanced degrees and certifications are a plus.

• Minimum 5 years of experience in financial services, ideally in credit risk, data and reporting or process improvements.

• Preferred experience in credit risk analysis, underwriting or origination at a major U.S. Private Bank and/or Commercial Bank as well as effectiveness in dealing with UHNW clients. Credit analysis includes oversight and monitoring functions, ability to form independent and supportable view & engage in professional review & challenge discussions with Partners.

• Ability to influence stakeholders through excellent communication, presentation, and project management skills, as well as, distilling complex issues and navigating large organizational relationships.

• Critical skills required include PowerPoint, Excel, SharePoint. Additional skills preferred include Dataiku & Tableau.

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 a