Credit Risk Management - Securitized Product Group - Structured Margin Financing

Location: Greater London

Credit Risk Management
- Securitized Product Group
- Structured Margin Financing, AssociateLondonJR
031808

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.

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 analysis and review, facilitate transaction approval, and support lifecycle management of complex financing arrangements, with a focus on maintaining high standards of risk management and compliance. The role supports the Securitized Products Group's (SPG) Structured Margin Financing (SMF) business which provides collateralized financing on securitized products and corporate credit assets primarily to hedge fund and private equity clients.

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.

About 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.

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

What will you be doing?

Support senior coverage officers in the oversight of the SMF repo and TRS financing portfolios, including the determination of risk rating and appetite of counter parties, 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; assist in preparing ad-hoc reports for senior management, regulators and internal audit as needed

Facilitate and lead critical meetings with key stakeholders which may include client due diligence meetings, firm credit committees and trading desk discussions

Perform quantitative and qualitative analyses utilizing various databases (such as rating agency research and reports, Intex, etc)
Mentor and empower junior team members through training and professional development.

What we’re looking for:

Bachelor's degree or equivalent

Minimum 3 years of experience covering structured / illiquid securities financing at a major financial institution

Knowledge of basic accounting / financial concepts and familiarity with credit metrics; and knowledge of fundamental corporate underwriting would be beneficial

Ability to communicate effectively with a wide range of stakeholders, both written and verbally

Strong analytical skills; experience in financial analysis and modelling

Strong attention to detail and ability to provide information in usable formats (proficiency in Microsoft office, including Excel, PowerPoint and Word)
Fluency in English is required

Skills that will help you in the role:

Ability to work independently in a self-directed way in a collaborative environment

Ability to think creatively and strategically, and thrive in a fast-paced environment balancing multiple priorities

Where will you be working?

This role is based at 20…