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E*TRADE from Morgan Stanley · 1 month ago

UHNW Liquid Products Underwriter Vice President

Purchase, New York, United States of America

Full-time

Onsite

Mid, Senior Level

$110K/yr - $190K/yr

5+ years exp

Morgan Stanley is a global financial services firm that conducts its business through three principal business segments. They are seeking a high potential Lending Transactor to help grow their Ultra High Net Worth Lending team serving clients with a minimum net worth of at least $50 million.

BankingFinanceFinancial Services

Responsibilities

Pursuing UHNW Lending opportunities, which will include: i) evaluating the Borrower; ii) valuation of the underlying collateral; and iii) determining if the opportunity aligns with one of the approved UHNW Lending programs

Underwriting transactions, which is comprised of:

Draft and negotiate Bank Letters of Interest (LOIs) under the guidance of the SLT

Assist the SLT in efficiently managing the transaction cycle through final credit approval, documentation, closing and initial funding of the transaction ensuring timely coordination with all parties involved including Credit Risk Management ("CRM”) team, FA, Private Bankers (“PBs”), Loan Operations, Compliance, In-house Counsel and any other party who is, or should be, involved in the specific transaction

Meeting with clients and prospects in coordination with SLTs to develop/enhance client/prospect relationships and identify potential product opportunities

In coordination with the SLT, meet with branch and complex teams to heighten product awareness and train front-end sales on identifying potential product opportunities

Performing the appropriate level of due diligence, including evaluating appropriate financial and non-financial information to perform opportunity assessments, as defined in (a) above

Identify key risks and mitigants in related to the opportunity and propose potential structural protections and other terms and conditions that may mitigate such risk

Prepare and/or assist the SLT with the preparation of credit memoranda clearly outlining transactions, purpose, strengths, risks and mitigants, financial/collateral analysis and other key terms and conditions required to support the SLT’s recommendation to move forward with the opportunity

Qualification

Lending originationCredit analysisPrivate Banking experienceFormal credit trainingAccounting knowledgeFinance knowledgeAnalytical skillsDetail orientationCommunication skillsInterpersonal skillsCollaboration skills