Securities-Based Lending Credit
Position Description
This Individual will oversee portfolio risk management and reporting for a multi-billion$ securities-based lending ("SBL") portfolio within Morgan Stanley Bank, N.A. The individual will provide thought leadership and direction in developing portfolio risk reports that will be used to help mitigate risk including the use of stress test models to monitor and manage the risk in the portfolio. This individual will work on new products, system enhancement, IT projects including our collateral monitoring system, and internal and external audit requests as they pertain to the SBL portfolio. This individual will also work with other internal departments within Morgan Stanley including margin lending and prime brokerage to implement a best practice analytic and reporting model for the SBL program.
Job Overview:
Seeking an experienced securities-based lending officer to help manage a multi-billion $ SBL portfolio within Morgan Stanley Bank, N.A. The individual will be responsible for credit and risk management functions that pertain to margin calls, margin call extension, collateral monitoring, and risk management reporting. This individual will be responsible for PLA reporting to Firm Credit Risk, Wealth Management and MSBNA Management. Individual will be responsible for credit functions, utilizing margin systems and coordinating with internal affiliates.
Responsibilities:
•Supervise staff in the PLA credit team
•Oversee and make determinations regarding margin calls, margin call extension and work outs on specific loans
•Oversee collateral expansion efforts for the PLA Credit team and contribute to the enhancements of the collateral monitoring system
•Oversee securities based lending product development including risk reports and risk monitoring controls
•Work with credit professionals in determining risk and appropriate collateral levels
•Work closely with staff from the affiliated broker-dealer, particularly in regards to exception requests and loan program changes
Skills Required
Qualifications:
•BA/BS; preferably in finance or economics
•10 yrs securities-based lending experience
•Working knowledge of Outlook, Word, Excel, Bloomberg, Risk Analytics, Moody's, and margin lending systems
•Prior managerial experience
Skills/Abilities:
•Strong Credit background with a deep understanding of SBL underwriting and portfolio management practices.
•Experience in managing cross-functional projects.
•Strong internal and external customer focus.
•Ability to work in a matrixed organization leveraging resources across the organization to complete deliverables.
•Ability to articulate complex concepts clearly to stakeholders at many levels across the organization.
•Strong analytical and credit skills.
•Ability to work on multiple tasks accurately and with attention to detail in a fast paced, demanding environment.
•Highly effective oral, written and interpersonal communication, presentation, leadership and influencing skills.
•High energy level and the ability to work independently and in a collaborative environment.
Skills Desired
•MBA a plus
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