Morgan Stanley : Credit Risk-Wealth Management-Vice President

10 - 18 years

35 - 55 Lacs

Posted:5 days ago| Platform: Naukri logo

Apply

Work Mode

Hybrid

Job Type

Full Time

Job Description

Role & responsibilities

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 Wealth Management Tailored lending business. 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.

Role:

  • Assessment of credit strengths and weaknesses of HNW/UHNW (ultra-high net worth) clients and private companies based out of United States/International clients.
  • Prepare and review high quality credit memo to support annual credit reviews/underwriting including limit recommendations, risks and mitigants and send to authorized Credit officers in US.
  • Demonstrate acceptable knowledge and ability to analyze different asset classes such as Equity and Fixed Income in addition to industry / country / sovereign research and the risks
  • Interpretation and risk identification of financial statements for companies/borrowers/guarantors for to identify the financial strength of the clients.
  • Monitor and escalate portfolio quality on an ongoing basis such as deteriorating collateral, adverse borrower information, negative trends, material individual/aggregate relationship, deteriorating financial strength of the borrowers and other risks.
  • Partner with colleagues across the globe to achieve your goals and to gain insight into how a global organization works
  • Review of junior team member’s work, provide required trainings to the team and contribute on global projects/stretch assignments.
  • Manage a team of 4-5 Non-Officers in terms of personal development, oversee production to ensure deliverables are on time and are of high quality, and provide timely feedback
  • Manage escalations, and show a strong inclination towards problem solving and innovation
  • Contribute to production and recognize proper delegation, setting of department goals, work on synergies across different teams, projects to increase production and create efficient workflows and processes

Skill set

  • Detail oriented, with exceptional analytical skills
  • Strong credit expertise in corporates, Knowledge of various asset classes, and personal/business financial statement and credit reports
  • Well organized and able to work in a fast-paced environment
  • Ability to meet deadlines while managing multiple deliverables
  • Possess excellent oral and written communication skills
  • Possess strong problem identification and solution techniques
  • Good collaboration skills in a team-oriented environment

Qualifications/Criterion

  • 12+ years work experience in financial services industry
  • CA or MBA with knowledge of financials products. CFA or FRM cleared candidate is an added advantage
  • Proficient with Microsoft Office package, especially advanced Excel, and PowerPoint
  • Well organized and able to work in a fast-paced environment.

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
Morgan Stanley logo
Morgan Stanley

Financial Services

New York NY

RecommendedJobs for You