Risk Management, Credit Risk Management – FID Secured Lending - Commercial Real Estate, Vice President

Risk Management Credit Risk Management FID Secured Lending - Commercial Real Estate Vice President
London
JR015069

The role will reside within the Firm Risk Managements 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.

This is a multi-faceted role responsible for coverage of highly structured transactions with primary focus on commercial real estate mortgage warehouse loans expanding into residential corporate and ABS collateral. The principal responsibilities include the evaluation of new transactions and subsequent collateral pledges and portfolio management and monitoring of existing facilities.

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.

About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking securities investment management and wealth management services.

As a market leader the talent and passion of our people is critical to our success. Together we share a common set of values rooted in integrity excellence and strong team ethic. We can provide a superior foundation for building a professional career a place for people to learn to achieve and grow. A philosophy that balances personal lifestyles perspectives and needs is an important part of our culture.

What will you be doing
Evaluate new transactions including an independent assessment and recommendation on the credit quality proposed rating and alignment of lending opportunities to the Firms credit appetite
Collaborate with the origination team on structuring and setting-up the contractual framework for transactions
Prepare materials for Credit Senior Management and present at the Firms Credit Committee for approval
Monitor the existing portfolio of transactions including periodic reporting of risk profiles trends industry developments concentrations and conducting downside scenario analysis
Prepare timely and insightful annual and quarterly reviews including the assessment of performance against underwritten base case projections and key credit metrics
Review of due diligence materials and involvement in due diligence sessions including asset site visits and review of appraisals/valuations
Review and verify compliance certificates debt covenants and financial accounts and ensure adherence to credit and other relevant internal policies and practices

What were looking for:
Bachelors degree or equivalent
Strong knowledge of the lending process transaction structures and facility documentation e.g. term sheets and facility agreements
Minimum 6-8 years of experience in covering REITs or commercial real estate lending ideally within Credit risk
Prior experience with analyzing commercial real estate structured transactions including CMBS securitizations.
Experience covering other asset backed lending is an advantage.
Understanding of financial markets financing instruments associated legal documentation and risk mitigating structures
Knowledge of basic accounting / financial concepts and familiarity with credit metrics
Ability to communicate effectively with a wide range of stakeholders both written and verbally
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.

Skills that will help you in the role:
Strong analytical skills; experience in financial analysis and modelling (preferred)
Ability to work independently in a self-directed way in a collaborative environment
An interest in working in a fast-paced environment often balancing multiple high priority deliverables

Where will you be working
This role is based in 20 Bank Street London.

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 - arent just beliefs they guide the decisions we make every day to do whats best for our clients communities and more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll 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. Theres 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.