FID, Structured Products Private Credit Financing Portfolio Management - Vice President

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 1,200 offices in 41 countries.

From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.

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 ethics. Morgan Stanley 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.

The Fixed Income Division is comprised of Credit Products, Commodities, Interest Rate and Foreign Exchange Products and Distribution. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in fast-paced and constantly changing global markets. The Fixed Income Division is a market leader across a broad range of markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading..

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 private credit corporate loans, leveraged loans, residential and commercial mortgages, consumer loans and others in the US, Europe and APAC. The private credit financing portfolio provides financing to private credit funds investing in first lien, unitranche, recurring revenue and other private corporate loans across multiple industries and jurisdictions.

The FSL portfolio management team provides ongoing portfolio management, risk oversight and monitoring, and reports to senior management and other key constituents (e.g. Credit department, regulators, borrowers, co-lenders, etc.).

Daily responsibilities would include:

• Review new transactions and facility amendments and conduct counterparty due diligence

• Perform portfolio surveillance and stress testing

• Prepare periodic facility and portfolio-level reporting for FSL senior leadership as well as business partners in Credit Risk and Capital Markets

• Prepare ad hoc analysis as needed by senior management

• Manage IT automation of reporting and analytics tools with an emphasis on efficiency and scalability

• Lead a team of junior asset managers. Responsible for training and performance management

• Conduct market and asset level research

Candidates must have the following background & skills:

• Previous experience with corporate credit or structured products (ABS, RMBS, CMBS, CLOs, securitizations, etc.) is required, background in private credit is a plus

• 6 to 10 years experience at Banks, Buy Side Firms or Rating Agencies

• Excellent data management and analytical skills (MS Excel, modeling, database management, etc.)

• Strong written and oral communication skills

• Experience reading and understanding loan documents

• 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:

• Proactive and self-directed

• Ownership mindset

• Analytical

• Clear communicator

• Strong work ethic

• Team player

• Attention to detail

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 - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

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Expected base pay rates for the role will be between $225,000 and $250,000 per year at the commencement of employment for Vice President. 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).