Assistant Vice President - Commercial Real Estate Underwriting Transactor

Commercial Real Estate Lending Underwriting Transactor

Morgan Stanley (MS) is a global financial services firm that conducts its business through three principal business segments—Institutional Securities, Wealth Management (WM), and Asset Management. The WM network includes almost 16,000 Financial Advisors and Private Wealth Advisors—the world’s largest network of FAs. MS has expanded its suite of world‑class banking and lending products exclusively for FAs and their clients. In addition to its comprehensive financial services, which include brokerage, investment advisory, financial and wealth planning, annuities, insurance, and retirement, Morgan Stanley has enhanced its lending, mortgage, cash management and deposit capabilities.

By combining its lending financial services business with private banking products built specifically to serve the needs of Financial Advisors and their clients, MS can tailor banking and lending solutions to client needs.

We are seeking a high potential Commercial Real Estate Lending Underwriting Transactor to help grow and manage the Ultra High Net Worth (UHNW) Commercial Real Estate (CRE) lending platform serving UHNW clients (generally clients with a minimum net worth of at least $50 million) of WM. The role is for either the Purchase, New York or Coral Gables, FL office and will support and collaborate with the UHNW Senior Lending Transactors (SLTs) and Asset Managers (AMs) throughout the US.

Position goal is to support the UHNW CRE Lending team, regional Senior Lending Transactors, Asset Managers, and clients in managing and delivering the UHNW CRE product for Morgan Stanley’s Private Bank.

• Support Lending transactors in the execution and maintenance of Commercial Real Estate secured loans on Morgan Stanley’s balance sheet.
• Engage in ongoing portfolio maintenance including monitoring loan covenants, loan servicing, and ensuring accurate and timely updates of loan portfolio metrics and reports.
• Conduct annual relationship and loan reviews to monitor collateral performance during the term of the loan or relationship.
• Evaluate UHNW Lending opportunities specific to commercial real estate, which will include activities such as: (i) evaluating the obligors; (ii) valuation of the underlying collateral; and (iii) determining if the opportunity aligns with the UHNW Commercial Real Estate Lending program.
• Perform required due diligence with regard to the collateral property as well as sponsors, including underwriting property cash flows, rent roll analysis, reviewing balance sheets, and understanding the global cash flow of guarantors.
• Identify key risk and mitigants related to existing loans and new opportunities and propose potential structural protections and other terms and conditions that may mitigate such risk.
• Prepare and/or assist the SLT/AMs with the preparation of credit memoranda clearly outlining transaction, purpose, strengths, risks, and mitigants, financial/collateral analysis and other key terms and conditions required to support the SLT/AM’s recommendation to move forward with the opportunity.
• Assist the SLT/AM in efficiently managing the transaction cycle through final credit approval, documentation, closing and initial funding of the transaction ensuring timely coordination with all parties involved including Credit Risk Management ("CRM"), Loan Operations, Compliance, In‑house Counsel, and any other relevant stakeholders.

• Bachelor’s Degree required.
• Minimum 3‑5 years’ experience in commercial real estate lending, origination and/or credit analysis.
• Private Banking Lending experience is a plus.
• Formal credit training is a plus.

• Strong communication skills with the ability to articulate both orally and in writing in a clear and professional manner.
• Critical thinking with the ability to evaluate data and make sound judgments.
• Detail oriented in ensuring accuracy.
• Exceptional analytical skills.
• Significant accounting and finance knowledge.
• Organization, time management, and multi‑task ability to meet deadlines and manage expectations.
• Teamwork and collaboration skills to achieve common goals.
• A positive and energetic attitude…