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.
The Fixed Income Division ("FID") Securitized Products Group is currently seeking an Associate to work on all aspects of executing warehouse lending facilities. The role will include working with originators, servicers, external counsel, rating agencies and internal constituents in the securitization banking, credit, legal, compliance, tax and accounting policy divisions.
Main responsibilities center on establishing and maintaining relationships with originators in setting up and managing warehouse lending facilities which includes:
Preparing, reviewing and negotiating transaction terms with clients and external legal counsel
Understanding securitization execution and rating agency criteria in relation to internal credit policies and Firm risk tolerance
Liaising with external counsel and internal constituents to shepherd warehouse facilities from start to finish, including working closely with Credit personnel to create internal memos and analysis necessary to seek approval for warehouse facilities and new products
Working closely with the securitization banking team in delivering mortgage finance solutions to clients across warehouse lending and securitization
Minimum of four years of mortgage industry experience
Understanding of residential mortgage credit
o Strong preference for understanding of rating agency criteria, mortgage securitization structure, and loan underwriting parameters
Familiarity with structured finance and secured lending transactions
Strong analytical and decision-making skills
Organizational expertise and attention to detail, with strong communication, reasoning and interpersonal skills; comfortable delivering in-person presentations to stakeholders of varying seniority
Proficiency with Microsoft Excel, Word, and PowerPoint
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.
Posting ID: 611342453Posted: 2021-03-09Job Title: Residential Fix Income