ABS Portfolio Management

ABS Portfolio Management- Vice President

London

Morgan Stanley FID Secured Lending group (“FSL”) is seeking a Vice President to be part of its ABS portfolio management platform based in London.

FSL provides asset-backed financing facilities to both asset originators and financial sponsors, and currently manages a portfolio backed by a diverse range of assets including private credit corporate loans, leveraged loans, residential and commercial mortgages, consumer loans and others in the US, Europe and APAC. The ABS financing portfolio provides financing to the Firms top sponsors across multiple industries and jurisdictions.

The FSL portfolio management team provides ongoing portfolio management, risk oversight and monitoring, and reports to senior management and other key constituents (e.g. Credit department, regulators, borrowers, co-lenders, etc.).

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?

• Review new transactions and facility amendments and conduct counterparty due diligence
• Perform portfolio surveillance and stress testing
• Review and approve regular ongoing borrower requests for advances and extensions
• Coordinate restructuring of non-performing loans with the deal team, where necessary
• Assess requests for amendments to loan documentation during the life of the transaction, prepare credit papers for such request
• Prepare periodic facility and portfolio-level reporting for FSL senior leadership as well as business partners in Credit Risk and Capital Markets
• Prepare ad hoc analysis as needed by senior management
• Manage IT automation of reporting and analytics tools with an emphasis on efficiency and scalability
• Lead a team of junior asset managers. Responsible for training and performance management
• Conduct market and asset level research
  
  

What We’re Looking For:

• 6 to 10+ years experience at Banks, Buy Side Firms or Rating Agencies
• Excellent data management and analytical skills (MS Excel, modeling, database management, etc.)
• Strong written and oral communication skills
• Experience reading and understanding loan documents
• Business/Accounting/Finance Degree from competitive undergraduate/graduate program
• Previous experience managing junior employees also a positive
• Previous experience with corporate credit or structured products (ABS, RMBS, CMBS, CLOs etc.) is required, is required gained via asset management, portfolio management or underwriting
  
  

Skills That Will Help You In The Role:

• Proactive and self-directed
• Ownership mindset
• Analytical
• Clear communicator and team player
• Strong work ethic
• Attention to detail
  
  

Certified Persons Regulatory Requirements:

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

Where will you be working?

• 20 Bank Street, Canary Wharf, London
  
  

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.

We're committed to bringing passion and customer focus to the business.

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 opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.