10 July 2014
Associate, Credit Lending – NYC (Job number 3029384)
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 43 countries. 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 ethic. 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.
Credit Risk Management (CRM) evaluates credit risk transactions and approves, rejects or modifies them considering the availability and appropriateness of arrangements for reducing risk or risk mitigation. The department also assigns Internal Credit Ratings; establishes and manages credit risk limits in accordance with the risk tolerance established by the Board; monitors and reports on credit risk exposures on a regular basis to the Chief Risk Officer and senior management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.
-Perform financial and credit analyses to establish credit-specific ratings including loss given default,
-Author credit reviews and loan approvals and present credit opinions to the internal credit committee,
-Review, diligence and approve new requests recommending structures to minimize risk,
-Track and monitor counterparty compliance of covenants in accordance with contractual terms and Firm limits and notify business units as appropriate,
-Monitor public ratings of counterparties, and keep current on industry trends and rating agency criteria.
-Minimum of 3 years credit analysis experience, preferably in one or more of the Consumer Products and Retail spaces,
-Excellent written and verbal communication skills,
-Ability to manage dynamic priorities,
-Ability to analyze risk-based transactions, both loans and traded products,
-Preference for strong accounting/finance education and skills as well as knowledge of loan and capital markets products, preferably Leveraged Finance,
-Team player with ability to build relationships across different constituents in the firm.
Morgan Stanley seeks a strong Associate for its Credit Risk Management Department (CRM) with three to five years of relevant experience. The specific position is within CRM’s team primarily covering corporate lending activity, but also counterparty derivative trading activity, to Consumer Products and Retail companies.
Apply online (Job number 3029384)