Credit Risk Management - Securitized Product Group - Structured Margin Financing

Credit Risk Management - Securitized Product Group - Structured Margin Financing, Associate

London

JR031808

The role will reside within the Firm Risk Management's Credit Risk Management area which is a team dedicated to evaluating credit risk transactions considering the availability and appropriateness of arrangements for reducing risk or risk mitigation. The department also assigns Internal Credit Ratings; establishes and manages credit risk limits in accordance with the risk tolerance established by the Board; monitors and reports on credit risk exposures on a regular basis to the Chief Risk Officer and Firm Risk Management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.

The primary responsibility of this role is to evaluate credit risk on reverse repo and total return swap (TRS) transactions. The Associate will contribute to analysis and review, facilitate transaction approval, and support lifecycle management of complex financing arrangements, with a focus on maintaining high standards of risk management and compliance. The role supports the Securitized Products Group's (SPG) Structured Margin Financing (SMF) business which provides collateralized financing on securitized products and corporate credit assets primarily to hedge fund and private equity clients.

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks.

About 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.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence, and strong team ethic. We can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

What will you be doing?

• Support senior coverage officers in the oversight of the SMF repo and TRS financing portfolios, including the determination of risk rating and appetite of counterparties, assessment of trade and underlying collateral, and providing risk recommendations
• Independently evaluate new trades, rolls and extensions, amendments and trade document negotiations.
• Prepare trade approval materials to support risk decisions; assist in preparing ad-hoc reports for senior management, regulators and internal audit as needed
• Facilitate and lead critical meetings with key stakeholders which may include client due diligence meetings, firm credit committees and trading desk discussions
• Perform quantitative and qualitative analyses utilizing various databases (such as rating agency research and reports, Intex, etc)
• Mentor and empower junior team members through training and professional development.
  
  

What We’re Looking For

• Bachelor's degree or equivalent
• Minimum 3 years of experience covering structured / illiquid securities financing at a major financial institution
• Knowledge of basic accounting / financial concepts and familiarity with credit metrics; and knowledge of fundamental corporate underwriting would be beneficial
• Ability to communicate effectively with a wide range of stakeholders, both written and verbally
• Strong analytical skills; experience in financial analysis and modelling
• Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
• Fluency in English is required
  
  

Skills That Will Help You In The Role

• Ability to work independently in a self-directed way in a collaborative environment
• Ability to think creatively and strategically, and thrive in a fast-paced environment balancing multiple priorities
  
  

Where will you be working?

This role is based at 20 Bank Street, London.

What You Can Expect From Morgan Stanley

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Certified Persons Regulatory Requirements

If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.

Flexible work statement

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.