Associate – Credit Risk, Funds Coverage (Leveraged & Non-Leveraged)

Local Jobs Morgan Stanley
  • United States, New York, NY View on Map
  • Post Date : September 16, 2020
  • Apply Before : October 16, 2020
  • Share:

Job Description

Associate – Credit Risk, Funds Coverage (Leveraged & Non-Leveraged)

Job Number:

3157146

POSTING DATE: Sep 2, 2020
PRIMARY LOCATION: Americas-United States of America-New York-New York
EDUCATION LEVEL: Bachelor’s Degree
JOB: Credit Risk
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Associate

DESCRIPTION

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. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
The talent and passion of our people is critical to our continued success as a firm. Together, we share four core values rooted in integrity, excellence and strong team ethic:
1. Putting Clients First
2. Doing the Right Thing
3. Leading with Exceptional Ideas
4. Giving Back
5. Committing to Diversity and Inclusion
Morgan Stanley is committed to helping its employees build meaningful careers and we strive to be a place for people to learn, achieve and grow.
Firm Risk Management
Firm Risk Management (FRM) enables 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.
Our mission is to serve as the follow roles:
  • Independent agent to set consistent principles and disciplines for risk management
  • Strategic advisor to Firm management for setting risk appetite and allocating capital
  • Industry leader to influence and meet regulatory standards
You will collaborate with colleagues across FRM and the Firm to protect the Firm’s capital base and franchise, advise businesses and clients on risk mitigating strategies, develop tools and methodologies to analyze and monitor risk, contribute to key regulatory initiatives and report on risk exposures and metrics to enable informed and strategic decision-making. Through thoughtful analysis and clear communication we are best able to bring our ideas to the table and improve the Firm.
Firm Risk Management values diversity and is committed to providing a supportive and inclusive workplace for all employees.
Firm Risk Management’s unique franchise promotes:
  • Flat, flexible and integrated global organization
  • Collaboration and teamwork
  • Credible, independent decision-making
  • Organizational influence
  • Creative and practical solutions
  • Meritocratic and diverse culture
Morgan Stanley Credit Risk Management
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, Chief Credit Officer and senior management. CRM also interacts with the business unit to ensure that credit risk assessments are factored into business decisions.
Background on the Position
This is a role within the Funds coverage team in New York, which is responsible for the credit assessment and risk management of the Firm’s business with leveraged and non-leveraged funds.
The role includes the following primary responsibilities:
Counterparty credit analysis preparation of in-depth credit reviews for new clients, annual reviews for existing clients, setting credit ratings and exposure limits while maintaining counterparty exposure against the credit limits.
Assist with due diligence updates either by phone, at Morgan Stanley offices or at client premises to better understand the client’s credit profile.
Liaise with the documentation department to set credit conditions and parameters in trading documents including ISDAs, CSAs, MRAs, FCM Agreements and PB Agreements.
Liaise with Business Unit Risk Management for Fund related requests, including transaction analysis, approval and determination of credit risk mitigation.

QUALIFICATIONS

Qualifications
  • Bachelor’s degree in Finance, Economics or Mathematics
  • Experience in Credit Risk Management for non-leveraged and leveraged funds
  • Familiarity with credit risk in traded products
  • Strong analytical skills
  • Strong verbal and written communications skills
  • Ability to build relationships internally and externally
  • Fluency in English is required
  • Ability to work independently

Other jobs you may like

We’ll find you a job for $29 (was $150)

VIEW MORE
Go to Top