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E*TRADE from Morgan Stanley · 11 hours ago

Fixed Income Operations Associate

New York, New York, United States of America

Full-time

Onsite

Entry Level

$65K/yr - $103K/yr

2+ years exp

E*TRADE from Morgan Stanley is an industry leader in financial services, and they are seeking an Associate to support the FID Secured Lending business. The role involves managing primary origination, syndication, collateral management, and loan servicing, while collaborating with external clients and internal stakeholders to ensure effective operational functions and risk management.

BankingFinanceFinancial Services

Responsibilities

Review of relevant credit and closing documentation to build out bilateral and syndicated loan facilities in internal booking systems

Daily loan servicing including borrowing/funding requests, settlement/paydown processing for bilateral and syndicated facilities

Collateral review and management: load and review of daily custodial reports; coordinate with external document custodian on exceptions. Execution of collateral releases for the shipment of loan documents to investors purchasing loans off the warehouse line

Borrowing base management: monitoring warehouse line expiration dates, advance limits, collateral eligibility, and deficiencies; coordinate with client and Business Unit as needed. Where applicable, coordinate with Credit and Business Unit on temporary exceptions

Daily review of exception/break reports and taking appropriate actions to resolve

Preparation and distribution of periodic interest & fees invoices

Fielding other ongoing/ad hoc inquiries/requests from clients. Required Loans servicing and closing experience. Be able to review CA and read notices. experience Junior level knowledge of loans processes

Qualification

Loan servicing experienceCollateral managementCredit documentation reviewClient relationship managementProblem-solving skills

Required

At least 2 years' relevant experience would generally be expected to find the skills required for this role

Required Loans servicing and closing experience

Be able to review CA and read notices

Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision

Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests

Culture carrier across Operations, embracing the Firm's core values