Loan Closing Operations Associate
Loan Closing Operations Associate
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$ 65000 - 103000
1 Vacancy
Job Description
Were seeking someone to join our team as a Loan Closer in Global Loan Services to manage a portfolio of syndicated loan trades coordinating with external Counterparties Agents and front office contacts to manage the closing process ensuring timely and accurate execution of trades and relevant trade documentation in line with LSTA standards.
In the Operations division we partner with business units across the Firm to support financial transactions devise and implement effective controls and develop client relationships. This is an Associate level position within Product Support & Services which is responsible for providing transaction support and managing post execution processes.
Morgan Stanley is an industry leader in financial services known for mobilizing capital to help governments corporations institutions and individuals around the world achieve their financial goals.
At Morgan Stanley Baltimore we support the Firms global Technology Operations Risk Management Legal and Compliance Internal Audit and Finance divisions. Morgan Stanley has been rooted in the Baltimore community since 2003. Our talented and diverse team is one of the largest in the U.S. outside of our New York headquarters and home to industry leading cybersecurity innovation with multiple patents and awards. Our teams are relentless collaborators and creative thinkers fueled by their diverse backgrounds and experiences. Theres ample opportunity to move across the businesses for those who show passion and grit in their work.
Interested in joining a team thats eager to create innovate and make an impact on the world Read on
What youll do in the role:
- Process transactions/tasks within coverage area
- Respond to client requests with accuracy and speed ensuring compliance with all policies and procedures
- Follow escalation framework taking responsibility for identifying escalating and preventing issues
- Raise issues question others and offer solutions/ideas
- Review and process trade documentation to ensure compliant with LSTA standards
- Coordinate with internal and external parties to facilitate timely and accurate loan settlement.
What youll bring to the role:
- Ability to build trust and find innovative ways to improve teamwork functions/processes and create a positive work environment
- Understanding of business area supported client requirements and importance of not compromising control to comply with client requests
- Culture carrier across Operations embracing the Firms core values
- Strong attention to detail and organizational skills to manage loan transactions and documentation.
- Excellent communication and coordination skills to liaise effectively with internal and external clients.
- Proven ability to manage multiple deadlines in a fast-paced high-volume environment.
- At least 2 years relevant experience would generally be expected to find the skills required for this role
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 85 years. At our foundation are five core values putting clients first doing the right thing leading with exceptional ideas committing to diversity and inclusion and giving back that guide our more than 80000 employees in 1200 offices across 42 countries. At Morgan Stanley youll find trusted colleagues committed mentors and a culture that values diverse perspectives individual intellect and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team while our company culture and commitment to inclusion define our legacy and shape our future helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: We are proud to support our employees and their families at every point along their work
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.
To learn more about our offices across the globe please copy and paste into your browser.
Expected base pay rates for the role will be between $65000 and $103000 per 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 Stanleys goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Required Experience:
IC
Employment Type
Full-Time
