Firm Risk Management

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.

Background on the Position

The role is within the FRM’s Credit Risk Management department as part of the Financial Institutions Credit coverage team, dedicated to supporting the Firm’s Securitized Products Lending. The business coverage includes highly structured lending across a range of warehouse loan products.

The principal responsibilities of the role include the monitoring and evaluation of operational risks associated with structured lending.  This includes monitoring and tracking regular agent reporting, confirming closing checklists, monitoring of first line processes checking the health of collateral loans, and reporting the results of monitoring processes to senior management.  Fulfillment of these responsibilities involves the following:

Primary Responsibilities

• Coverage includes all silos within the FSL portfolio.

• Familiarity with legal documentation associated with loan facilities.

• Monitor and track agent reporting associated with a diverse portfolio of facilities.

• Monitor and track first line business processes to ensure completion and timeliness.

• Report results of monitoring processes to senior management in Credit and the First Line.

• Where required, escalate deviations and delays for assessment with a recommendation on a course of action.

Experience:

• Bachelor’s degree required; MBA is a plus

• 5 – 8 years of related work experience preferred with a major financial institution; title commensurate with experience

• Experience in operational risk and reporting

• Experience with financial institutions, private equity funds or insurance companies desired

• Excellent written and verbal communication skills

• Ability to work under pressure, balancing multiple deliverables

• Team player with the ability to work effectively in a collaborative environment

• Advanced skills in Microsoft Excel and PowerPoint

FRM is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views.

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.

Expected base pay rates for the role will be between $120,000 and $205,,000 year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

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.