Credit Risk: ISG Lending FSL SMF (Risk Management) : Job Level - Associate
About The Position
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, model and other risks. The FRM Credit Risk Management - Securitized Products Group's (SPG) Structured Margin Financing (SMF) team is seeking an Associate. SPG's SMF business provides collateralized financing on securitized products and corporate credit assets to primarily hedge fund and private equity clients. 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 the analysis and review, facilitating transaction approval, and lifecycle management of complex financing arrangements, with a focus on maintaining high standards of risk management and compliance.
Requirements
- A bachelor's degree is required
- 3 years credit risk experience; structured/illiquid securities financing or related at a major financial institution strongly preferred
- Strong communication skills, both verbal and written, are required
- Ability to think creatively and strategically, and thrive in a dynamic work environment
- Proactive and results-oriented mindset
- Strong organizational skills
- Ability to effectively prioritize and handle multiple tasks under tight deadlines
- Ability to work collaboratively within a team and with counterparts in other groups
Responsibilities
- 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 in presentation materials.
- Facilitate and lead critical meetings with key stakeholders, encompassing client due diligence, firm credit committees, and trading desk discussions.
- Prepare materials for internal and external parties, including regulatory agencies and internal audit teams.
- Monitor portfolio's collateral performance and counterparty credit risks, assist in preparing ad-hoc reports for senior management, as needed.
- Perform quantitative and qualitative analyses utilizing various databases (such as rating agency research and reports, Intex, etc).
- Support training and development initiatives for junior team members.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
