Morgan Stanley
Associate, Risk / Policy Management – Morgan Stanley Services Group, Inc.
Location: New York, New York
Responsibilities
Prepare in-depth credit reviews for new and existing clients, determine appropriate credit limits and ratings, compile recommendations, manage limit and tenor excesses.
Perform counterparty credit analysis and portfolio management across a diversified set of corporate counterparties including Telecommunications, Media, Real Estate, Industrials, Insurance Brokers, and others.
Review new trade requests, analyze trade structure, exposure profile, tenor, and recommend appropriate incremental exposure and structure based on counterparty creditworthiness.
Lead ISDA and CSA legal trading document negotiations to set appropriate credit parameters.
Prepare presentations ad‑hoc for senior management, firm risk committees and regulators.
Salary Expected base pay rates
between
$131,000 and $140,000 per year
at the commencement of employment. Base pay may be determined individually and is only part of the total compensation package, which may also include commission earnings, incentive compensation, discretionary bonuses, other short‑ and long‑term incentive packages, and other Morgan Stanley sponsored benefit programs.
Requirements
Bachelor’s in Engineering (any), Mathematics, or a related field and a minimum of three (3) years of experience in the position offered or as an Associate, Analyst, or related occupation.
Three (3) years of experience with portfolio metrics including PV01, FX Delta/Kappa, Duration, Peak Exposure, and Tail Risks; stress testing exposures using Monte‑Carlo simulations at 95% and 99% confidence levels including crisis scenarios.
Experience analyzing risk in derivatives including swaps, collars, forwards, options, cross‑currency, and deal‑contingent positions.
Experience analyzing secured transactions including borrowing bases, LTVs, collateral, liquidity, and covenants; debt facilities including revolvers, secured loans, ABS/ABL, term loans.
Ability to interpret credit agreements: financial/negative covenants, incremental debt, collateral, payment terms, maturities, and recovery waterfall.
Proficiency in building financial and valuation models (DCF, peer analysis) across sectors.
Use of credit metrics to assess default risk including liquidity, maturities, leverage, financial performance, and capital.
Analysis of industry concepts: business models, macroeconomic impact, sector trends.
Underwriting complex structures using guarantees or implied support under Basel standards.
Conducting recovery analysis using stressed valuations vs. liabilities and negotiating ISDA/CSA market standard terms for default events, termination, cross‑default, netting, collateral thresholds.
Qualified applicants: visit https://morganstanley.eightfold.ai/careers?source=mscom and enter JR017755 in the search field. No calls please.
What You Can Expect From Morgan Stanley We are committed to maintaining first‑class service and a 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—guide our decisions. We support employees and their families at every point in the work‑life journey, offering attractive and comprehensive benefits and perks. There’s also ample opportunity to move about the business for those who show passion and grit.
Equal Opportunity Employer (EOE) We are an equal opportunity employer committed to diversifying our workforce (M/F/Disability/Vet). No calls please. EOE
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Responsibilities
Prepare in-depth credit reviews for new and existing clients, determine appropriate credit limits and ratings, compile recommendations, manage limit and tenor excesses.
Perform counterparty credit analysis and portfolio management across a diversified set of corporate counterparties including Telecommunications, Media, Real Estate, Industrials, Insurance Brokers, and others.
Review new trade requests, analyze trade structure, exposure profile, tenor, and recommend appropriate incremental exposure and structure based on counterparty creditworthiness.
Lead ISDA and CSA legal trading document negotiations to set appropriate credit parameters.
Prepare presentations ad‑hoc for senior management, firm risk committees and regulators.
Salary Expected base pay rates
between
$131,000 and $140,000 per year
at the commencement of employment. Base pay may be determined individually and is only part of the total compensation package, which may also include commission earnings, incentive compensation, discretionary bonuses, other short‑ and long‑term incentive packages, and other Morgan Stanley sponsored benefit programs.
Requirements
Bachelor’s in Engineering (any), Mathematics, or a related field and a minimum of three (3) years of experience in the position offered or as an Associate, Analyst, or related occupation.
Three (3) years of experience with portfolio metrics including PV01, FX Delta/Kappa, Duration, Peak Exposure, and Tail Risks; stress testing exposures using Monte‑Carlo simulations at 95% and 99% confidence levels including crisis scenarios.
Experience analyzing risk in derivatives including swaps, collars, forwards, options, cross‑currency, and deal‑contingent positions.
Experience analyzing secured transactions including borrowing bases, LTVs, collateral, liquidity, and covenants; debt facilities including revolvers, secured loans, ABS/ABL, term loans.
Ability to interpret credit agreements: financial/negative covenants, incremental debt, collateral, payment terms, maturities, and recovery waterfall.
Proficiency in building financial and valuation models (DCF, peer analysis) across sectors.
Use of credit metrics to assess default risk including liquidity, maturities, leverage, financial performance, and capital.
Analysis of industry concepts: business models, macroeconomic impact, sector trends.
Underwriting complex structures using guarantees or implied support under Basel standards.
Conducting recovery analysis using stressed valuations vs. liabilities and negotiating ISDA/CSA market standard terms for default events, termination, cross‑default, netting, collateral thresholds.
Qualified applicants: visit https://morganstanley.eightfold.ai/careers?source=mscom and enter JR017755 in the search field. No calls please.
What You Can Expect From Morgan Stanley We are committed to maintaining first‑class service and a 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—guide our decisions. We support employees and their families at every point in the work‑life journey, offering attractive and comprehensive benefits and perks. There’s also ample opportunity to move about the business for those who show passion and grit.
Equal Opportunity Employer (EOE) We are an equal opportunity employer committed to diversifying our workforce (M/F/Disability/Vet). No calls please. EOE
#J-18808-Ljbffr