CRE FSL Asset management- VP
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- England,London
- full-time
- Competitive salary
Job Description:
CRE FSL Asset Management - Vice President
London
3261823
Morgan Stanley FID Secured Lending group (FSL") is seeking a Vice President to be part of its Commercial Real Estate Warehouse Asset Management team based in London.
FSL provides asset-backed financing facilities to both asset originators and financial sponsors, and currently manages a portfolio backed by a diverse range of assets including private credit corporate loans, leveraged loans, residential and commercial mortgages, consumer loans and Esoteric assets in the US, Europe and APAC. The Commercial Real Estate Warehouse portfolio provides loan on loan financing to key sponsor of the Firm across multiple industries and jurisdictions.
The FSL portfolio management team provides ongoing portfolio management, risk oversight and monitoring, and reports to senior management and other key constituents (e.g. Credit department, regulators, borrowers, co-lenders, etc.).
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?
• Review new transactions and facility amendments and conduct counterparty due diligence
• Perform portfolio surveillance and stress testing
• Review and approve regular ongoing borrower requests for advances and extensions
• Coordinate restructuring of non-performing loans with the deal team, where necessary
• Assess requests for amendments to loan documentation during the life of the transaction, prepare credit papers for such request
• Prepare periodic facility and portfolio-level reporting for FSL senior leadership as well as business partners in Credit Risk
• Prepare ad hoc analysis as needed by senior management
• Manage IT automation of reporting and analytics tools with an emphasis on efficiency and scalability
• Lead a team of junior asset managers. Responsible for training and performance management
• Conduct market and asset level research
What we’re looking for:
• Previous experience with Commercial Real Estate or structured products (ABS, RMBS, CMBS, CLOs etc.) is required gained via asset management, portfolio management or underwriting
• 6 to 10+ years experience at Banks, Buy Side Firms or Rating Agencies
• Excellent data management and analytical skills (MS Excel, modeling, database management, etc.)
• Strong written and oral communication skills
• Experience reading and understanding loan documents
• Business/Accounting/Finance Degree from competitive undergraduate/graduate program
• Previous experience managing junior employees also a positive
Skills that will help you in the role:
• Ownership mindset
• Analytical
• Clear communicator
• Strong work ethic
• Team player
• Attention to detail
Certified Persons Regulatory Requirements:
This role is deemed as a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Where will you be working?
20 Bank Street London - Canary Wharf
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here .
Equal opportunities statement:
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.
London
3261823
Morgan Stanley FID Secured Lending group (FSL") is seeking a Vice President to be part of its Commercial Real Estate Warehouse Asset Management team based in London.
FSL provides asset-backed financing facilities to both asset originators and financial sponsors, and currently manages a portfolio backed by a diverse range of assets including private credit corporate loans, leveraged loans, residential and commercial mortgages, consumer loans and Esoteric assets in the US, Europe and APAC. The Commercial Real Estate Warehouse portfolio provides loan on loan financing to key sponsor of the Firm across multiple industries and jurisdictions.
The FSL portfolio management team provides ongoing portfolio management, risk oversight and monitoring, and reports to senior management and other key constituents (e.g. Credit department, regulators, borrowers, co-lenders, etc.).
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?
• Review new transactions and facility amendments and conduct counterparty due diligence
• Perform portfolio surveillance and stress testing
• Review and approve regular ongoing borrower requests for advances and extensions
• Coordinate restructuring of non-performing loans with the deal team, where necessary
• Assess requests for amendments to loan documentation during the life of the transaction, prepare credit papers for such request
• Prepare periodic facility and portfolio-level reporting for FSL senior leadership as well as business partners in Credit Risk
• Prepare ad hoc analysis as needed by senior management
• Manage IT automation of reporting and analytics tools with an emphasis on efficiency and scalability
• Lead a team of junior asset managers. Responsible for training and performance management
• Conduct market and asset level research
What we’re looking for:
• Previous experience with Commercial Real Estate or structured products (ABS, RMBS, CMBS, CLOs etc.) is required gained via asset management, portfolio management or underwriting
• 6 to 10+ years experience at Banks, Buy Side Firms or Rating Agencies
• Excellent data management and analytical skills (MS Excel, modeling, database management, etc.)
• Strong written and oral communication skills
• Experience reading and understanding loan documents
• Business/Accounting/Finance Degree from competitive undergraduate/graduate program
• Previous experience managing junior employees also a positive
Skills that will help you in the role:
• Ownership mindset
• Analytical
• Clear communicator
• Strong work ethic
• Team player
• Attention to detail
Certified Persons Regulatory Requirements:
This role is deemed as a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Where will you be working?
20 Bank Street London - Canary Wharf
Flexible work statement:
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Internal Applicants:
Internal mobility can be a way to grow your career and realize your professional potential. Typically, you must be in your position for at least 18 months and performing satisfactorily before applying for another job at the Firm. Internal applicants can find out more regarding career navigation, mobility guidelines and policy on our employee portal by clicking here .
Equal opportunities statement:
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.
Job number 1672290
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