CRE FSL Asset management- VP

Job Description – CRE FSL Asset Management – VP (3261823)

Job Number:

3261823

Posting Date

Primary Location

Europe, Middle East, Africa – United Kingdom – London

Other Locations

Europe, Middle East, Africa – United Kingdom – London

Job

Employment Type: Full Time

Job Level: Vice President

Description

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 sponsors 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.).

What will you be doing?

1. Review new transactions and facility amendments and conduct counterparty due diligence.
2. Perform portfolio surveillance and stress testing.
3. Review and approve regular ongoing borrower requests for advances and extensions.
4. Coordinate restructuring of non-performing loans with the deal team, where necessary.
5. Assess requests for amendments to loan documentation during the life of the transaction, prepare credit papers for such requests.
6. Prepare periodic facility and portfolio-level reporting for FSL senior leadership as well as business partners in Credit Risk.
7. Prepare ad hoc analysis as needed by senior management.
8. Manage IT automation of reporting and analytics tools with an emphasis on efficiency and scalability.
9. Lead a team of junior asset managers. Responsible for training and performance management.
10. Conduct market and asset-level research.

Qualifications

What we’re looking for:

1. Previous experience with Commercial Real Estate or structured products (ABS, RMBS, CMBS, CLOs, etc.) is required, gained via asset management, portfolio management, or underwriting.
2. 6 to 10+ years experience at Banks, Buy Side Firms, or Rating Agencies.
3. Excellent data management and analytical skills (MS Excel, modeling, database management, etc.).
4. Strong written and oral communication skills.
5. Experience reading and understanding loan documents.
6. Business/Accounting/Finance Degree from a competitive undergraduate/graduate program.
7. Previous experience managing junior employees is a positive.

Skills that will help you in the role:

• Strong work ethic.
• 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

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.

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.

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