Director - FSL(Credit Risk Division)

Department Profile 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) is the independent risk management function that evaluates and monitors credit risk transactions. 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. Background on the Position Credit Risk Management is looking to hire a Director/AVP supporting the Firm's Structured Products Secured Lending (aka Warehouse Lending) platform. The business offers revolving credit or term facilities, highly structured, and secured by a wide range of financial assets. The team is responsible for the monitoring and review of existing loan facilities for transactions secured by residential real estate assets, business loans, corporate loans, and multiple ABS asset classes (consumer, transportation, etc.). Fulfillment of these responsibilities involves: Job specific functions include: - Manage and monitor of a portfolio of borrowers Primary duties include: - Responsible for the financial and credit analysis for an assigned coverage portfolio - Track and monitor industry trends for assigned coverage portfolio - Present and discuss credit views internally on assigned coverage portfolio, including rating and regulatory classification recommendation - Oversee the tracking and monitoring of borrower compliance in accordance with contractual terms and Firm requirements for the assigned coverage portfolio - Providing senior oversight to junior team members and lead in analytic discussions with coverage officers