Private Credit Underwriting VP
New York City, NY - USA
Job Summary
Morgan Stanley Investment Management (MSIM) is a global investment manager with over 40 years of history delivering innovative investment solutions across public and private markets worldwide. We have $1.5Tn of AUM with professionals located across 24 countries with a proven long term track record of success. Our investment teams bring significant expertise in structuring complex financial transactions and commitment to partnering with world class management teams. Morgan Stanleys extensive business relationships and global network of resources afford our private equity and credit teams as well as our portfolio companies unparalleled access to leading corporations executive talent as well as competitive deal sourcing advantages.
Morgan Stanley Private Credit (MSPC) is the corporate credit-investing business within the Private Credit & Equity segment of Morgan Stanley Investment Management. MSPC manages investments on behalf of third-party institutional and high net worth investors across a number of funds and strategies. MSPC has pockets of capital focused on investing in privately negotiated senior secured debt junior debt and mezzanine debt investments to middle market corporate issuers as well as select secondary market credit investment opportunities.
Morgan Stanley Direct Lending (MSDL) is a rapidly growing and the largest segment of Morgan Stanley Private Credit. The team closed its first transaction in the first quarter of 2020 has since grown to $20 billion of AUM and manages over 225 portfolio accounts. Almost all of the teams investing activities are focused on upper middle market private equity-controlled companies seeking club-executed unitranche financing. MSDL is looking for a Vice President to support the investment efforts of the credit investing platform.
Responsibilities:
Work with senior and junior members of MSDL to conduct due diligence on new opportunities
Perform in-depth sector and company research and detailed financial modeling
Prepare credit investment memoranda
Assist with the negotiation of term sheets commitment letters and credit documentation
Monitor portfolio company results as well assist with add-on financings and amendments
Bachelors Degree
Strong academic record and job performance
Minimum of 6 years of relevant work experience including at least 2 years of private credit or substantially similar experience
Excellent PowerPoint Word and Excel skills including ability to independently create flowing 3-statement financial projection models
Strong written and verbal presentation skills
Ability to work effectively on multiple projects in a fast-paced environment
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.
To learn more about our offices across the globe please copy and paste into your browser.
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.
Required Experience:
Exec
About Company
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1, ... View more