Executive Director & Credit Analyst, Floating Rate Loans

Morgan Stanley Investment Management provides broad-based specialization across a range of asset classes in public and private markets. Our independent investment teams leverage Morgan Stanleys global resources to serve a diverse client base of governments institutions corporations advisors and individuals worldwide. Our investment solutions include a broad range of alternatives high-conviction active strategies customization strategies ESG expertise and tax management solutions.

Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full-service securities firm with more than 50 years of history a presence in 26 countries and a total of $1.9 trillion in assets under management as of March 31 2026. For further information about Morgan Stanley Investment Management please visit Bank Loan Strategies Team is a pioneer in thefloating-ratecorporate loan market with a demonstrabletrack recordsince 1989. The team invests in U.S. and European senior loans and CLO debt tranches with their investment strategies underpinned by a robust fundamental research platform and the consistent and systematic application of their risk-focused investment process.

As part of the Credit Research Team the Executive Director willberesponsible forapplyingrigorous credit analysis to develop and manage a portfolio of floating-rateleveragedloans influence investment decisions and contribute to portfolio risk and return Analystwill conduct in-depth credit analysis of leveraged loan issuers and follow issuer and sector trends to support portfolio management decisions in the primary and secondary successful candidate will havestrong financial modeling skills rigorous credit-risk assessment capabilities and the ability to articulate credit views and recommendations in written memos and presentations.

Responsibilities

• Perform fundamental credit analysis of companies issuing broadly syndicated floating-rate credit risk across quantitative qualitativestructuraland relative value factors.
• Buildmaintain and update detailed financial models with a focus on cash flow and valuation.
• Prepare and present written credit investment memos and recommendations for new investments stressedsituationsand secondary opportunities.
• Track issuer performance against underwriting expectationsmonitorcredit quality and portfolio exposures on an ongoing basis produce periodicupdatesand alert portfolio managers toemergingrisks and opportunities.
• Analyze loan documentation and credit agreements (covenants collateral structure intercreditor terms lien priority security packages) to assess structural protections under different scenarios.
• Engage with management teams private equity sponsors debt-advisors industry contacts sell side desks and other stakeholders as necessary to perform due diligence market / industry research and to source new loan investment opportunities.
• Collaborate with portfolio managers traders and senior investment professionals to communicate credit views discuss investment ideas and coordinate relative-value analysis across sectors and instruments

Requirements

• Minimum of 7-15 years of direct experience analyzing leveraged loanssyndicated creditshigh-yieldorleveragedfinance transactions.
• Strong financial modeling skills including building and maintaining cash flow models valuationmodelsand stress testing.
• Deep understanding of financial statements accounting principles creditmetricsand ability to interpret qualitative factors including industry dynamics businessstrategyand management strength.
• Strong written and verbal communication skills capable of preparing credit memos investment recommendations and presenting to investment committees and senior stakeholders.
• Prior experience with portfolio monitoring relative-valueanalysisand trading desk collaboration.
• Familiarity with regulatory compliance and risk-management frameworks applicable toleveragedcredit investments.
• Ability to work independently manage multiple assignments and deadlines and adapt to a dynamic market to detail critical thinking and sound judgment.
• Proficiencyin Microsoft ExcelBloombergand/or other credit research tools.
• Bachelors degree in Finance Accounting Economics Business Administration ora relatedfield.
• Advanced degree () or relevant certification () is a plus.

Who you are

• Operates with a strong sense of ethics and integrity in your interactions with others and decision making.
• Takes accountability and ownership in your work with a focus on long-term value creation.
• Track record of fostering a culture of honesty transparency and accountability within teams.
• Proven ability to collaborate across teams to deliver optimal solutions for clients.
• A passion for innovation with a continuous improvement mindset to drive excellence.
• Respect for individual differences with an openness to diverse perspectives.
• Engagement in community service volunteering or corporate citizenship initiatives.
• Commitment to mentoring and supporting professional growth of others.

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 thats differentiated and weve 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 - 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 opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion where individuals are hired developed and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate bringing a variety of backgrounds talents perspectives and experiences.

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