ASSOCIATE - FSL(Credit Risk Department)



Job Number: 3252387
POSTING DATE: Jun 3, 2024
PRIMARY LOCATION: Non-Japan Asia-India-India-Mumbai (MSA)
EDUCATION LEVEL: Bachelor\'s Degree
JOB: Credit Risk
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate


DESCRIPTION
Department Profile
The cornerstone of Morgan Stanley\'s risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley\'s capital base and franchise. Risk Management protects the Firm from exposure to losses resulting from defaults by our lending and trading counterparties.
Credit Risk Management (CRM) is the independent risk management function that evaluates and monitors credit risk transactions. 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.
Background on the Position
Credit Risk Management is looking to hire a associate supporting the Firm\'s Structured Products Secured Lending (aka Warehouse Lending) platform. The business offers revolving credit or term facilities, highly structured, and secured by a wide range of financial assets. The team is responsible for the monitoring and review of existing loan facilities for transactions secured by residential real estate assets, corporate loans, and multiple ABS asset classes (consumer, transportation, etc.).
Fulfillment of these responsibilities involves:

Job specific functions include:

• Manage and monitor of a portfolio of borrowers

Primary duties include:

• Responsible for the financial and credit analysis for an assigned coverage portfolio
• Track and monitor industry trends for assigned coverage portfolio;
• Present and discuss credit views internally on assigned coverage portfolio, including rating and regulatory classification recommendation
• Oversee the tracking and monitoring of borrower compliance in accordance with contractual terms and Firm requirements for the assigned coverage portfolio;

QUALIFICATIONS
Skills Required:

• Superior written and verbal communication skills;
• Quantitative orientation;
• Ability to manage dynamic priorities;
• Finance and/or accounting degree preferable
• Knowledge of the loan origination and collateralized structured lending preferred
• Experience in at least one of the following industries required: consumer loans, corporate loans, US residential mortgages, aircraft financing, single family rental
• Minimum 3-5 years of relevant experience
• Graduate degree preferred but not required