Associate, Global Capital Markets, Global Structured Products recruitment

Position Category: Investment Banking

Position Title: Associate, Global Capital Markets, Global
Structured Products

Job Level: Associate

Location: USA - NY - New York

Education Required: Refer to Position Description

Position Description:
Morgan Stanley Co. LLC seeks Associate, Global Capital
Markets, Global Structured Products in New York, NY to monitor
performance and risk for structured finance and tax-driven
investments as well as tax equity asset classes including renewable
energy (wind, solar, geothermal, biomass) and low income housing,
new markets, and historics. Support impairment process, including
identification and analysis of potential impairments/loss where
appropriate. Administer and update complex investment models in
Excel on a monthly basis for various tax equity investments,
including low income housing, new markets, historics, wind, and
solar, and liaise with external investment managers to obtain
required data. Proactively improve financial models for accuracy,
flexibility, adherence to company standards, and ease of use by
using VBA macros. Perform detailed analysis of project investment
results, including actual performance versus plan, and review
forecasted/budgeted results. Verify tax equity investments are in
compliance with IRS Code (such as Section 42, 45D, 45, 47, and 48)
and federal regulatory requirements for bank holding companies.
Simulate full life cycle financial analysis for each tax equity
asset from acquisition through disposition, and provide scenario
and valuation analysis on an ad hoc basis for individual
investments. Interface with outside lawyers, consultants, fund
administrators, accountants, and independent engineers, as well as
internal finance, tax, and legal departments to address and resolve
any issue related to each asset class/investment. Liaise with IT to
maintain and improve the in-house pricing systems for all
investments. On behalf of Business Unit, coordinate with
Controllers, Accounting Policy Group and Valuation Review Group to
determine the accurate accounting treatments (based on the
accounting standards such as FIN 45, FAS 5, 114, 157 and 167) for
tax equity investments and other derivative products. Utilize
financial derivatives such as options, interest rate
swap/cap/floor, credit default swap to mitigate the market and
credit and operational risks associated with various tax equity
investments.

Skills Required:
REQUIREMENTS

Master's degree in Finance, Economics, Financial Engineering, or
related quantitative field, and one (1) year of experience
analyzing and validating structured tax equity financings,
including renewable energy projects such as wind, solar, geothermal
and biomass, and new markets, low income housing, and historic tax
credits, on behalf of a global financial services institution.
Prior experience must include analyzing options, interest rate
derivatives, and credit derivatives; using advanced Excel and VBA;
and ensuring tax equity investment compliance with: IRS Code
Sections 42, 45D, 45, 47 and 48 governing tax credit programs;
federal regulatory requirements for bank holding companies; and FIN
45, FAS 5, 114, 157, and 167 accounting standards.

QUALIFIED APPLICANTS: Please apply through this website or e-mail
your resume to Efc110206@msresumes.com. NO CALLS. EOE