Morgan Stanley
Credit Risk (Risk Management) : Job Level - Vice President
Morgan Stanley, New York, New York, us, 10261
Overview
Credit Risk (Risk Management) : Job Level - Vice President
role at
Morgan Stanley
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.
Background on the Position The role resides within the Firm Risk Management\'s Credit Risk Management area, a team dedicated to evaluating credit risk transactions 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 Firm Risk Management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.
This is a multi-faceted role responsible for coverage of Commercial Real Estate (CRE) transactions secured on all property types. The principal responsibilities include the evaluation of new transactions, managing a rapidly growing portfolio of existing loans, and monitoring upcoming renewals and repayments.
Primary Responsibilities
Responsible for Credit coverage of the Institutional Securities Group (ISG) CRE business
Partnering with senior business unit members and interacting with clients in due diligence meetings
Training and development of junior team members
Ensuring timely review of new transactions as well as annual reviews of existing loans by the credit coverage team, maintaining consistent high-quality documentation, and liaising with internal and external stakeholders including regulators.
Present transactions to Firm approval committees, as applicable, and participate in a quarterly review of higher risk loans.
Education: Bachelor\'s Degree
Minimum 5 years of experience in a similar credit role
Significant experience in commercial real estate lending and credit underwriting
Knowledge of CRE transaction structures, documentation, and the lending process
The ability to effectively communicate with a wide range of stakeholders, both written and verbal
Strong attention to detail and ability to provide information in usable formats
An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
Curiosity and self-motivation to develop expertise in commercial real estate products, markets, and risk management practice
Track record of presenting on CRE topics to senior management
What You Can Expect From Morgan Stanley FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. 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. 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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $120,000 and $205,000 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).
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Referrals increase your chances of interviewing at Morgan Stanley by 2x
Get notified about new Credit Risk Manager jobs in
New York, NY .
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role at
Morgan Stanley
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.
Background on the Position The role resides within the Firm Risk Management\'s Credit Risk Management area, a team dedicated to evaluating credit risk transactions 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 Firm Risk Management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.
This is a multi-faceted role responsible for coverage of Commercial Real Estate (CRE) transactions secured on all property types. The principal responsibilities include the evaluation of new transactions, managing a rapidly growing portfolio of existing loans, and monitoring upcoming renewals and repayments.
Primary Responsibilities
Responsible for Credit coverage of the Institutional Securities Group (ISG) CRE business
Partnering with senior business unit members and interacting with clients in due diligence meetings
Training and development of junior team members
Ensuring timely review of new transactions as well as annual reviews of existing loans by the credit coverage team, maintaining consistent high-quality documentation, and liaising with internal and external stakeholders including regulators.
Present transactions to Firm approval committees, as applicable, and participate in a quarterly review of higher risk loans.
Education: Bachelor\'s Degree
Minimum 5 years of experience in a similar credit role
Significant experience in commercial real estate lending and credit underwriting
Knowledge of CRE transaction structures, documentation, and the lending process
The ability to effectively communicate with a wide range of stakeholders, both written and verbal
Strong attention to detail and ability to provide information in usable formats
An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
Curiosity and self-motivation to develop expertise in commercial real estate products, markets, and risk management practice
Track record of presenting on CRE topics to senior management
What You Can Expect From Morgan Stanley FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. 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. 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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Expected base pay rates for the role will be between $120,000 and $205,000 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).
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Referrals increase your chances of interviewing at Morgan Stanley by 2x
Get notified about new Credit Risk Manager jobs in
New York, NY .
Recent related roles in New York, NY
Senior Manager, U.S. Counterparty Credit Risk — New York, NY $171,018.00-$224,700.00 (1 week ago)
Senior Manager, U.S. Credit and Special Accounts Management — New York, NY $117,400.00-$224,700.00 (5 days ago)
Senior Manager, U.S. Counterparty Credit Risk — New York, NY $171,018.00-$224,700.00 (5 days ago)
Global Head of Private Credit Investments — New York, NY $200,000.00-$250,000.00 (1 week ago)
Manager, Private Credit Operations - Direct Lending — New York, NY $135,000.00-$155,000.00 (2 weeks ago)
We\u2019re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr