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, operational, model and other risks.
The role will reside within the Firm Risk Management's Credit Risk Management (CRM) 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.
This is a multi-faceted role responsible for coverage of Commercial Real Estate (CRE) transactions, both secured and unsecured. The principal responsibilities include the evaluation of new transactions, managing a rapidly growing portfolio of existing loans, and monitoring upcoming renewals and repayments.
What will you be doing?
Responsible for Credit coverage of the Institutional Securities Group (ISG) CRE business encompassing lending secured by CRE properties across all property types.
Partner with business unit members and interact with clients in due diligence meetings
Ensure timely review of new transactions as well as annual reviews of existing loans, maintain consistent high-quality documentation, and liaise with internal and external stakeholders
Manage and oversee the existing loan portfolio, driving analysis and reporting of risk profiles, industry trend developments and concentrations
Present transactions to Firm approval committees, the Global Credit Risk Head of CRE, and the Global Credit Risk Head of Structured Products
Assist in the training and development of new Associate colleagues and Analysts as needed
FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.
What You'll Bring In The Role
Bachelor's degree or equivalent
Minimum 3-5 years of experience in a similar credit role
Experience in commercial real estate lending and credit underwriting
Strong knowledge of typical CRE transaction structures, documentation, and the lending process
The ability to effectively communicate with a wide range of stakeholders, both written and verbally; and a track record of presenting CRE topics to senior management
Curiosity and self-motivation to develop expertise in commercial real estate products, markets, and risk management practice
An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
The ability to work independently in a self-directed way in a collaborative, team-oriented environment
Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
Fluency in English is required
What You Can Expect From Morgan Stanley
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. 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. 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.
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Certified Persons Regulatory Requirements
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.