Structured Finance Associate recruitment
Position Category: Risk Management
Position Title: Structured Finance Associate
Job Level: Associate
Location: USA - NY - New York
Education Required: Bachelors Degree
Position Description:
Credit Department's Role at Morgan Stanley
Morgan Stanley is active in corporate lending, derivatives trading and other securities lending activities. The Credit Risk Management department ("CRM") acts as the guardian of the Firm's capital in these and other risk transactions. Credit reviews and approves all Firm counterparties for risk transactions and approves and monitors the exposure generated by bank loans and trading activity, in order to protect the firm from counterparty and/or borrower default.
Risk Decisions All primary lending and derivatives transactions are approved by senior credit professionals. Those individuals establish and monitor the credit limits for each active counterparty and work closely with Morgan Stanley's trading desks and banking teams.
Research Upon receiving requests from the Institutional Securities Division to approve new counterparties from the various trading desks, Credit's research teams actively investigate, review and rate the credit quality of entities in a wide range of industries. The research teams work closely with the risk decision teams to determine what transactions should be approved and under what conditions.
Key responsibilities will include:
• Support monitoring and evaluating a portfolio comprised of structured vehicles with loan and derivative exposures for all major asset classes
• Perform credit analyses to establish credit-specific ratings;
• assist in preparation of credit reviews and presentation of credit opinions to credit committees;
• assist in the review, diligence and approval of new transaction requests;
• track and monitor counterparty performance in accordance with contractual terms and Firm risk limits;
• keep current on industry and market trends.
• Adhoc projects as required
Skills Required:
Superior written and verbal communication skills; strong quantitative orientation; ability to manage dynamic priorities; background in finance and/or accounting preferable.