Vice President - Sr. Coverage (Risk Management)



Job Number: 3254319
POSTING DATE: Jun 14, 2024
PRIMARY LOCATION: Non-Japan Asia-India-India-Mumbai (MSA)
EDUCATION LEVEL: Bachelor\'s Degree
JOB: Credit Risk
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Vice President


DESCRIPTION

Company Profile: 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\xe2\x80\x99s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
Firm Risk Management Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, model and other risks. 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.
Primary Responsibilities
This is a multi-faceted role responsible for coverage of Corporate Credit portfolio across Asia with primary responsibilities including the evaluation of new transactions and managing a growing portfolio of existing loans with a high focus on Commercial Real Estate (CRE) transactions.

The role will have the following key responsibilities:

• Perform credit due diligence and analysis and make recommendations on credit approval/ risk appetite on lending and derivatives counterparties to the Firm.
• Conduct due diligence calls/ meetings/ site visits with clients, perform independent research and establish credit ratings of counterparties.
• Conduct industry research and develop sovereign and macro risk views as need to support decision making.
• Assess and approve transactions including general corporate lending, leverage finance loans, commercial real estate loans or other structured credit/ private financing, ranging from $20M to $1bn+ in size.
• Collaborate with origination teams and regional credit coverage team on structuring and documentation for proposed transactions.
• Assess progress of syndication efforts against proposed and approved targets
• Prepare loan approval memos and annual/ quarterly review memos.
• Monitor portfolio quality on an ongoing basis and recommend rating actions / asset classifications etc.
• Presentation to Credit Senior management, the Firm\'s Credit Committee, and other internal and external stakeholders.

QUALIFICATIONS

Qualifications/ Requirements

• Bachelor\'s degree preferably in Business Administration, Finance or Economics. MBA or CFA strongly preferred.
• At least 8 years of credit analysis experience in the financial services industry
• Masters or equivalent professional qualification (CFA, CA, CPA, etc)
• Strong fundamental credit analysis and research skills (knowledge of Asia Pacific corporates preferred)
• Experience working on corporate finance and loan transactions e.g. leverage finance, private credits, structured credits, and/or asset backed loans
• Excellent written and verbal communication skills with ability to quickly establish credibility with regional and global credit coverage team.
• Good team player with strong initiative and appetite to learn in a fast-paced environment.
• Demonstrable track record of working under pressure and managing multiple projects with limited supervision.
• Experience with CRE Warehouse structures and collateral. Willingness to broaden work scope to securitization and warehouse transactions outside of commercial real estate (preferred)

- Familiarity with derivatives and derivatives documents (ISDA/CSA/NAFMII) - optional
"Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents".