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Alternatives Asset Manager – VP
| Company | Morgan Stanley |
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| Location | New York, NY, USA |
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| Salary | $110000 – $185000 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Senior, Expert or higher |
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Requirements
- Bachelor’s degree required
- Minimum 7+ years of lending and credit experience in private banking
- Detail oriented with exceptional analytical skills and ability to understand complex financial statements and loan structures
- Significant accounting and finance knowledge
- Knowledge and familiarity with legal documentation for private banking clients
- Ability to meet deadlines and multi-task in a fast-paced environment
- High level of focus on work quality and attention to detail
- Ability to collaborate effectively with related parties across the firm
Responsibilities
- Managing modifications, renewals and annual reviews of existing credit facilities across a diverse portfolio of loans.
- Preparing clear and concise credit memos covering transaction structure, an assessment of obligor credit profile and financial statements, analysis of collateral, identification of risks and mitigants and recommendation for Credit Risk review and approval.
- Monitoring receipt of information from clients as required by loan documentation.
- Performing periodic financial covenant and collateral valuation testing.
- Working with other internal groups including Financial Advisors, Private Bankers, Loan Operations, Compliance, and Legal.
- Maintaining data integrity within internal systems.
- Ensuring accurate and timely updates of loan portfolio metrics, risk ratings and reports.
- Developing and implementing remedial action plans for impaired credits in partnership with Credit Risk.
- Engaging in ad hoc projects to improve quality and effectiveness of reporting, tracking and overall portfolio management.
Preferred Qualifications
No preferred qualifications provided.
