Morgan Stanley
VP Private Share Lending Underwriting and Portfolio Management
Morgan Stanley, New York, New York, us, 10261
VP Private Share Lending Underwriting and Portfolio Management
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VP Private Share Lending Underwriting and Portfolio Management
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Morgan Stanley 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. MSWM’s Private Banking Group (“PBG”) offers a variety of lending, deposit, and cash management solutions such as securities-based loans, private share loans, home loans, and cash management accounts. PBG is responsible for developing, launching and managing innovative banking and lending services tailored for Wealth Management clients through its US Bank entities. The Private Share Lending Group within the PBG is a new group focused on managing, developing and growing the Private Share Lending “PSL” business within Morgan Stanley. The PSL VP will report to the Head of Private Share Lending and will be responsible for maintaining the quality of the existing loan portfolio, collaborating on new loan originations and partnering with our Credit Risk Managers on portfolio risk control and reporting. Position Summary Experienced credit professional with an ability to manage a portfolio of Private Share Loans. A successful candidate will have an awareness of market activity within the space, and an ability to determine which external factors may impact collateral valuation. This individual will be responsible for: Preparing high quality credit memoranda clearly outlining transaction structure, private company credit analysis, and identification of strengths and risks of the issuers whose stock the Private Share Loans rely on for repayment. Managing the loan application, underwriting, approval, documentation and booking process for the individual Private Share Loans offered within a PSL Program. Managing modifications, extension, and annual reviews of existing credit facilities. Requesting ongoing credit facility reporting requirements. Performing periodic financial covenant and collateral valuation testing. Facilitating repayment or increased collateralization in instances where collateral valuations have declined. Timely updates to loan classifications and risk ratings and performing impairment analysis when necessary. Working with all relevant parties including Financial Advisors, Private Bankers, Loan Operations, Compliance, Credit Risk and Legal teams. Ensuring portfolio data integrity within internal credit systems. Ensuring accurate and timely updates of loan portfolio metrics/reports. Collaborating with IT/Digital team on technology implementations, enhancements and upgrades. Ensuring written processes and procedures align with business practices, platform capabilities and regulatory requirements. Managing RCSA, management action plans and other risk and audit processes. Developing training material to provide product awareness and understanding among Financial Advisors and Private Bankers. Seeking feedback on challenges faced by our sales partners and recommend product enhancements. Using data to analyze business trends, create reports, presentations, and other materials for management. Assisting with various projects and reporting as required by management including detailed presentations outlining the team’s performance, strategy, and initiatives. Working closely with operations teams to identify process improvement opportunities. Required Experience And Skills Bachelor’s degree required Minimum 5-7 years of lending and credit experience in private banking, investment banking and/or commercial banking Detail oriented with exceptional analytical skills and ability to read and interpret corporate and personal financial statements Experience with troubled debt restructuring and non-accrual loans a plus High level of focus on work quality and attention to detail Excellent oral and written communication skills and ability to interact with individuals on all levels Ability to meet deadlines and multi-task in a fast-paced environment Ability to collaborate effectively with related parties across the firm Experience with Microsoft Excel and PowerPoint Significant accounting and finance knowledge Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet). 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.
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Join to apply for the
VP Private Share Lending Underwriting and Portfolio Management
role at
Morgan Stanley 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. MSWM’s Private Banking Group (“PBG”) offers a variety of lending, deposit, and cash management solutions such as securities-based loans, private share loans, home loans, and cash management accounts. PBG is responsible for developing, launching and managing innovative banking and lending services tailored for Wealth Management clients through its US Bank entities. The Private Share Lending Group within the PBG is a new group focused on managing, developing and growing the Private Share Lending “PSL” business within Morgan Stanley. The PSL VP will report to the Head of Private Share Lending and will be responsible for maintaining the quality of the existing loan portfolio, collaborating on new loan originations and partnering with our Credit Risk Managers on portfolio risk control and reporting. Position Summary Experienced credit professional with an ability to manage a portfolio of Private Share Loans. A successful candidate will have an awareness of market activity within the space, and an ability to determine which external factors may impact collateral valuation. This individual will be responsible for: Preparing high quality credit memoranda clearly outlining transaction structure, private company credit analysis, and identification of strengths and risks of the issuers whose stock the Private Share Loans rely on for repayment. Managing the loan application, underwriting, approval, documentation and booking process for the individual Private Share Loans offered within a PSL Program. Managing modifications, extension, and annual reviews of existing credit facilities. Requesting ongoing credit facility reporting requirements. Performing periodic financial covenant and collateral valuation testing. Facilitating repayment or increased collateralization in instances where collateral valuations have declined. Timely updates to loan classifications and risk ratings and performing impairment analysis when necessary. Working with all relevant parties including Financial Advisors, Private Bankers, Loan Operations, Compliance, Credit Risk and Legal teams. Ensuring portfolio data integrity within internal credit systems. Ensuring accurate and timely updates of loan portfolio metrics/reports. Collaborating with IT/Digital team on technology implementations, enhancements and upgrades. Ensuring written processes and procedures align with business practices, platform capabilities and regulatory requirements. Managing RCSA, management action plans and other risk and audit processes. Developing training material to provide product awareness and understanding among Financial Advisors and Private Bankers. Seeking feedback on challenges faced by our sales partners and recommend product enhancements. Using data to analyze business trends, create reports, presentations, and other materials for management. Assisting with various projects and reporting as required by management including detailed presentations outlining the team’s performance, strategy, and initiatives. Working closely with operations teams to identify process improvement opportunities. Required Experience And Skills Bachelor’s degree required Minimum 5-7 years of lending and credit experience in private banking, investment banking and/or commercial banking Detail oriented with exceptional analytical skills and ability to read and interpret corporate and personal financial statements Experience with troubled debt restructuring and non-accrual loans a plus High level of focus on work quality and attention to detail Excellent oral and written communication skills and ability to interact with individuals on all levels Ability to meet deadlines and multi-task in a fast-paced environment Ability to collaborate effectively with related parties across the firm Experience with Microsoft Excel and PowerPoint Significant accounting and finance knowledge Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet). 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.
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