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E*TRADE from Morgan Stanley · 1 hour ago

FID, SPG, FID Secured Lending, Corporate Credit Financing - Executive Director

New York, New York, United States of America

Full-time

Onsite

Senior Level, Lead/Staff

$225K/yr - $300K/yr

10+ years exp

Morgan Stanley is a leading global financial services firm, and they are seeking an Executive Director to join their Corporate Credit Financing platform. The role involves spearheading the development of the First Out financing vertical, managing credit underwriting and portfolio responsibilities, and originating new lending opportunities.

BankingFinanceFinancial Services

Responsibilities

Underwriting corporate credits including review of financials, diligence materials (commercial, legal, financial etc.), originator investment memos, QoE reports, etc. The candidate will distill this analysis into an MS internal investment memo to be presented to colleagues in both the 1L and the 2L

Preparation and review of credit applications/presentations; presenting to committees and getting approvals for new transactions

Structuring and negotiating term sheets, loan agreements, fee letters, and other legal documents from origination to execution

Working with clients and coverage groups on originating new transactions, the syndication team on distributing risk and the CLO team on accessing public securitization markets

Conducting due diligence on the Last Out lender’s process and investment materials

Interfacing with multiple constituents within FSL and Morgan Stanley, more broadly, including the Asset Management team, Syndication team, Market Risk team, Credit Risk Management team, Operations team, and various client coverage teams to deliver a first-class product internally and externally

Prepare ad hoc analysis as needed by senior management

Reviewing complex assets within the DLF vertical and providing supervision for junior team members responsible for processing and managing more regular way asset approvals

Qualification

Corporate credit underwritingLoan document negotiationFinancial statement interpretationLev Fin market knowledgeCorporate valuation skillsPresentation skillsAnalyticalTeam playerWork ethicAttention to detailOwnership mindsetOral communicationWritten communication

Required

10+ years of corporate credit experience in an underwriting / origination capacity (working knowledge of securitized products across credit and/or other asset classes is a plus)

Degree from competitive undergraduate/graduate program

Knowledge of Lev Fin market standards across key terms including ability to review and opine on termsheets, credit agreements, covenant setting, and LME mitigating provisions

Presentation-creation skills in both Powerpoint and Excel

Clear business writing & communication skills

Experience reading, understanding, and negotiating loan documents

Ability to interpret financial statements / memos and to build appropriate base and downside cases based on appropriate assumptions

Corporate valuation skills based on appropriate comp set, DCF analysis, yield to maturity analysis etc

Previous experience managing junior employees is a positive

Strong work ethic

Team player

Proactive, energetic and self-directed

Analytical

Strong attention to detail

Ownership mindset