CRE Credit Risk; Risk Management : Level - Vice President

Overview

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 role will reside within the Firm Risk Management's Credit Risk Management area which is a team dedicated to evaluating credit risk transactions 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 Firm Risk Management.

CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.

This is a multi-faceted role responsible for coverage of Commercial Real Estate (CRE) transactions secured on all property types. The principal responsibilities include the evaluation of new transactions, managing a growing portfolio of existing loans, and mentoring junior talent across the global team.

• Responsible for Credit coverage of the Institutional Securities Group (ISG) CRE business including both CMBS and balance sheet lending
• Partnering with senior business unit members for originations and asset management and interacting with clients in due diligence meetings
• Present transactions to Firm approval committees, the Global Head of CRE Credit Risk, and the Global Head of Structured Products Credit Risk
• Training and development of junior team members
• Ensuring timely review of new transactions as well as annual and quarterly reviews of existing loans by the credit coverage team, maintaining consistent high-quality documentation, and liaising with internal and external stakeholders including regulators
• Bachelor's Degree
• Minimum 8-10 years of experience in a similar CRE credit role
• Significant experience in commercial real estate lending and credit underwriting
• Have a good knowledge of typical CRE transaction structures, documentation, and the lending process
• The ability to effectively communicate with a wide range of internal, external, and regulatory stakeholders
• Strong attention to detail and ability to provide information in usable formats
• An interest in working in a fast-paced environment, often balancing multiple high priority deliverables
• Curiosity and self-motivation to develop expertise in commercial real estate products, markets, and risk management practice

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.

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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…