Morgan Stanley

Morgan Stanley

Wealth Management Credit Risk – Analyst/ Associate

Profile Description

We’re seeking someone to join our team as an [Analyst/ Associate] to [Wealth Management Credit Risk Team]

Firm Risk Management

In the Firm Risk Management division, we advise businesses across the Firm on risk mitigation strategies, develop tools to analyze and monitor risks and lead key regulatory initiatives.

Company Profile

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.

Background of Team :

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 is seeking a highly qualified candidate for the Credit Risk function responsible for broker dealer and bank lending businesses. Morgan Stanley is a global leader in wealth management with an extensive network of 1,000+ offices across the U.S. and in key international locations. We provide a range of products and services to individuals, businesses, and institutions, including brokerage and investment advisory services, financial and wealth planning, credit and lending, cash management, annuities and insurance, retirement and trust.

What you’ll do in the role:

The primary responsibilities of the role include, but are not limited to the following:

• Assessment of credit strengths and weakness of UHNW/ HNW (Ultra-high Net Worth / High Net Worth) for US/ International clients. Focus on developing deep domain knowledge and deep understanding on different asset classes such as Equity, Fixed Income, structured products, Listed derivatives in addition to industry / country / sovereign research and the risks.
• Interpretation and risk identification of financial statements for individuals, joint borrowers, Revocable and Irrevocable Trust, PHC Operating companies’ key risks.
• Monitor and escalate portfolio quality on an ongoing basis such as deteriorating collateral, adverse borrower information, negative trends, material individual/aggregate relationship and other risks.
• Prepare high quality Credit memo for Existing and New clients with recommendations, risks and mitigations for deals and send to authorized Senior Credit officers for approval within designated due dates.
• Credit Reviews to be prepared in an appropriate manner in accordance with credit policies and procedures to protect the interests of the firm.
• Develop sovereign and macro risk views as need to support decision making
• Review work of junior team members to ensure quality and accuracy of deliverable
• Partner with colleagues across the globe to achieve your goals and to gain insight into how a global organization operates.

What you’ll bring to the role:

Skills required

• Bachelor’s or higher degree and a keen interest in the world of finance and risk management
• Knowledge of various asset classes, derivatives and personal/business financial statement and credit reports
• Strong analytical and numerical skills to assimilate complex information rapidly
• Ability to identify, analyze, condense, and articulate complicated ideas and findings clearly and succinctly
• Strong interpersonal skills and a commitment to teamwork
• Proactive, independent thinker, team-player
• Ability to multi-task, perform under pressure and manage tight work deadlines
• Well organized and able to work in a fast-paced environment
• Possess excellent oral and written communication skills

Skills desired

• 1-5 years of work experience in Finance, Banking, Prime brokerage, Broker dealer is preferred
• Previous experience of data sources such as SNL, Bloomberg and/or database tools such as SQL coding is a plus

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 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.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.