Morgan Stanley

VP - WM Tailor Lending (Non CRE) (Firm Risk Management)

Posted On

May 27, 2024

Location

Mumbai, Maharashtra

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

July 10, 2024

Job Description

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. Our employees serve clients worldwide including corporations, governments, and individuals from more than 1,200 offices in 43 countries.

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 you to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

The cornerstone of Morgan Stanley's risk management philosophy is the execution of risk-adjusted returns through prudent risk-taking that protects Morgan Stanley's capital base and franchise. Risk Management protects the Firm from exposure to losses resulting from defaults by our lending and trading counterparties.

Credit Risk Management (CRM) evaluates credit risk transactions and approves, rejects, or modifies them 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 senior management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.

Morgan Stanley is seeking a highly qualified candidate for the Credit Risk function responsible for Wealth Management - Tailored lending business. Morgan Stanley is a global leader in wealth management with an extensive network of 1,000+ offices across the U.S. and in key international locations. We provide a range of products and services to individuals, businesses, and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust.

Role:

- Assessment of credit strengths and weaknesses of HNW/UHNW (ultra-high net worth) clients in United States/International clients.
- Prepare high quality credit memo to support annual credit reviews/underwriting including limit recommendations, risks and mitigants and send to authorized Credit officers in US.
- Demonstrate acceptable knowledge and ability to analyze different asset classes such as Equity and Fixed Income in addition to industry / country / sovereign research and the risks
- Interpretation and risk identification of financial statements for companies/borrowers/guarantors for to identify the financial strength of the clients.
- Monitor and escalate portfolio quality on an ongoing basis such as deteriorating collateral, adverse borrower information, negative trends, material individual/aggregate relationship, deteriorating financial strength of the borrowers and other risks.
- Partner with colleagues across the globe to achieve your goals and to gain insight into how a global organization works
- Review of junior team member's work, provide required trainings to the team and contribute on global projects/stretch assignments.
- Manage a team of 4-5 Analysts/Associates in terms of personal development, oversee production to ensure deliverables are on time and are of high quality, and provide timely feedback
- Manage escalations, and show a strong inclination towards problem solving and innovation
- Contribute to production and recognize proper delegation, setting of department goals, work on synergies across different teams, projects to increase production and create efficient workflows and processes

Skill set

- Detail oriented, with exceptional analytical skills
- Knowledge of various asset classes, derivatives and personal/business financial statement and credit reports
- Well organized and able to work in a fast-paced environment
- Ability to meet deadlines while managing multiple deliverables
- Possess excellent oral and written communication skills
- Possess strong problem identification and solution techniques
- Good collaboration skills in a team-oriented environment

Qualifications/Criterion

- 10+ years work experience in financial services industry
- CA or MBA with knowledge of financials products. CFA or FRM cleared candidate is an added advantage
- Proficient with Microsoft Office package, especially advanced Excel, and PowerPoint
- Well organized and able to work in a fast-paced environment.

“Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise 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.”

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