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Credit Risk – Vice President (Energy & Basic Materials Lending)
Morgan Stanley
New York, NY, United States
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Description
Credit Risk VP
Company Profile
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.
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. Morgan Stanley 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.
Department Profile
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 and senior management. CRM also interacts with business units to ensure that credit risk assessments are factored into business decisions.
Morgan Stanley seeks a VP with five to seven years of relevant experience. The specific position is within CRM’s team primarily covering corporate lending activity, but also counterparty derivative trading activity.
Qualifications
Primary Responsibilities
-Author credit memos and present views to CRM senior professionals for approval.
-Perform financial, credit and industry analyses to establish credit-specific ratings.
-Review, diligence and recommend actions on new trade requests to minimize risk.
-Track and monitor counterparty compliance in accordance with contractual terms and Firm limits.
-Monitor public ratings of counterparties, and keep current on industry trends and rating agency criteria.
Skills required (essential)
-Strong accounting/finance education and skills as well as basic knowledge of loan and capital markets products
-Superior written and verbal communication skills; quantitative orientation and critical thinking
-Critical reading, writing, reasoning and communicating to assess the creditworthiness of companies in various industries
-Ability to manage dynamic priorities
-Experience in energy is preferred but not required