FID, SPG Private Credit Financing Asset Management - Vice President
New York, New York
Employer: Morgan Stanley
Industry: Investment Banking/Sales/Trading/Research
Salary: $200000 - $250000 per year
Job type: Full-Time
Morgan Stanley FID Secured Lending group ("FSL") is seeking a Vice President to be part of its lending portfolio management platform based in New York.
FSL provides asset-backed financing facilities to both asset originators and financial sponsors, and currently manages a portfolio backed by a diverse range of assets including fund capital commitments, consumer loans, residential and commercial mortgages, student loans, corporate loans, etc. in US, Europe and APAC. The asset management team within FSL provides ongoing portfolio management, monitoring and risk oversight, and reports to senior management and other key constituents (e.g. Credit department, regulators, borrowers, co-lenders, etc.).
This role would focus primarily on Morgan Stanley's private credit financing, which provides back-leverage to funds investing in private credit debt. Previous experience in corporate credit is required, with a background in private credit being a plus.
Daily responsibilities would include:
• Review credit risk of new facilities and proposed renewals/amendments to existing facilitie
• Review borrower / co-lender requests and ongoing changes to the facilities to identify credit risks and potential operational issue
• Manage prepation of facility & portfolio-level reporting and presentation material
• Manage preparation of quarterly / ad-hoc stress analysis of the portfolio and individual facilitie
• Manage tech build-outs of analytical and infrastructure project
• Provide oversight of junior employees portfolio management activities, including:
o Ensure that borrower fundings & servicer reportings reviewed by junior team member
o Ensure that collateral and facility data is feeding into internal systems correctly
o Prepare loan and asset-level reporting on a monthly, quarterly and annual basi
• Conduct market and asset level research
• Prepare ad hoc analysis as needed by senior management
Qualifications:
Candidates must have the following background & skills:
• Experience with corporate credit or structured products (ABS, RMBS, CMBS, CLOs etc.) is required
• 6 to 10+ years experience in finance, accounting or operations. Preferably in Banking (credit risk, fixed income, or asset management), Rating Agencies, or Accounting Firm
• Excellent data management and analytical skills (MS Excel, pivot tables, database management, etc.)
• Strong modelling skill
• Strong attention to detail
• Presentation-creation skills with Powerpoint
• Clear business writing & communication skill
• Experience reading and understanding loan document
• Solid knowledge of financial statements and financial accounting
• Business/Accounting/Finance Degree from competitive undergraduate/graduate program
• Previous experience managing junior employees also a positive
Candidates will also demonstrate the following personal attributes:
• Strong work ethic
• Team player
• Proactive and self-directed
• Analytical
• Attention to detail
• Ownership mindset
• Clear communicator
Expected base pay rates for the role will be between $200,000 and $250,000 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 Stanley's 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).
FSL provides asset-backed financing facilities to both asset originators and financial sponsors, and currently manages a portfolio backed by a diverse range of assets including fund capital commitments, consumer loans, residential and commercial mortgages, student loans, corporate loans, etc. in US, Europe and APAC. The asset management team within FSL provides ongoing portfolio management, monitoring and risk oversight, and reports to senior management and other key constituents (e.g. Credit department, regulators, borrowers, co-lenders, etc.).
This role would focus primarily on Morgan Stanley's private credit financing, which provides back-leverage to funds investing in private credit debt. Previous experience in corporate credit is required, with a background in private credit being a plus.
Daily responsibilities would include:
• Review credit risk of new facilities and proposed renewals/amendments to existing facilitie
• Review borrower / co-lender requests and ongoing changes to the facilities to identify credit risks and potential operational issue
• Manage prepation of facility & portfolio-level reporting and presentation material
• Manage preparation of quarterly / ad-hoc stress analysis of the portfolio and individual facilitie
• Manage tech build-outs of analytical and infrastructure project
• Provide oversight of junior employees portfolio management activities, including:
o Ensure that borrower fundings & servicer reportings reviewed by junior team member
o Ensure that collateral and facility data is feeding into internal systems correctly
o Prepare loan and asset-level reporting on a monthly, quarterly and annual basi
• Conduct market and asset level research
• Prepare ad hoc analysis as needed by senior management
Qualifications:
Candidates must have the following background & skills:
• Experience with corporate credit or structured products (ABS, RMBS, CMBS, CLOs etc.) is required
• 6 to 10+ years experience in finance, accounting or operations. Preferably in Banking (credit risk, fixed income, or asset management), Rating Agencies, or Accounting Firm
• Excellent data management and analytical skills (MS Excel, pivot tables, database management, etc.)
• Strong modelling skill
• Strong attention to detail
• Presentation-creation skills with Powerpoint
• Clear business writing & communication skill
• Experience reading and understanding loan document
• Solid knowledge of financial statements and financial accounting
• Business/Accounting/Finance Degree from competitive undergraduate/graduate program
• Previous experience managing junior employees also a positive
Candidates will also demonstrate the following personal attributes:
• Strong work ethic
• Team player
• Proactive and self-directed
• Analytical
• Attention to detail
• Ownership mindset
• Clear communicator
Expected base pay rates for the role will be between $200,000 and $250,000 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 Stanley's 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).
Created: 2024-09-10
Reference: 3258796
Country: United States
State: New York
City: New York
ZIP: 10036
Similar jobs:
-
Deputy Director Enterprise Asset Management Value Realization
Metropolitan Transportation Authority in New York, New York💸 $160000 - $175000 per year -
Wealth Manager Team - Asset Transitions Specialist
Citizens Financial Group in New York, New York💸 $35.10 - $43.50 per hour -
Manager - Wealth and Asset Management
Alvarez & Marsal in New York, New York💸 $135000 - $190000 per year -
Asset & Wealth Management - Tax Senior Associate
PwC in New York, New York -
Divisional Manager, Enterprise Asset Management
Metropolitan Transportation Authority in New York, New York💸 $87951 - $124834 per year -
Asset & Wealth Management - Tax Senior Associate
PwC in New York, New York -
Service Now- Software Asset Management Consultant
Cognizant Technology Solutions in New York, NY-550 W 34th St, New York💸 $79240 - $133500 per year -
Investment Banking (Coverage: Asset and Wealth Management Industry) - Analyst II/III (New York City)
Raymond James Financial Incorporated in New York City, New York -
Wealth and Asset Management Manager
Alvarez & Marsal in New York, New York💸 $135000 - $190000 per year -
Technology Hardware Asset Management (HAM) Manager
Experis in New York, New York💸 $160000 per year -
Asset & Wealth Management - Tax Senior Manager
PwC in New York, New York -
IT Asset Manager (Manager of Administration. MIS), Enterprise Infrastructure
NYC Health Hospitals in New York, New York -
National Bank Examiner/Bank Examiner (Asset Management), NB-0570-VI.2
Office of the Comptroller of the Currency in New York, New York -
Associate, Asset Management, Fixed Income, Investment Risk
Morgan Stanley in New York, New York💸 $85000 - $140000 per year -
Logging & Asset Management Specialist - USDS
TikTok in New York, New York -
Senior Manager Fixed Asset & Inventory Accounting
Metropolitan Transportation Authority in New York, New York💸 $115107 - $124724 per year -
Senior Associate, International Tax Asset Management
KPMG in New York, New York -
Commercial Real Estate Transactions & Asset Management Summer Intern
AXA Group in New York, New York -
Mailroom Clerk (f/m/d), Asset Management
Allianz in New York, New York -
National Bank Examiner (Asset Management), NB-0570-VI.2
Office of the Comptroller of the Currency in New York, New York