Talent.com
MS Private Credit- Loan Execution- Associate / Senior Associate

MS Private Credit- Loan Execution- Associate / Senior Associate

Morgan StanleyNew York, NY, US
2 days ago
Job type
  • Full-time
Job description

Private Credit Operations Role

The Morgan Stanley Private Credit Platform (MSPC) is the primary private credit platform at Morgan Stanley. MSPC sits within Morgan Stanley Investment Management (MSIM) and has a proven long-term track record of investing in private credit. We primarily invest in directly originated middle market loans and invests throughout the capital structure across a wide range of industry sectors. Our investment teams bring significant expertise in structuring complex financial transactions and commitment to partnership with world-class management teams. MSPC has over $22 billion of investable capital dedicated to private credit across two strategies and 70+ investment professionals with offices in NY, CHI, and LA.

The two dedicated private credit strategies are :

  • Direct Lending strategy is executed through business development companies, commingled funds, and SMAs
  • Opportunistic Credit strategy is executed through commingled private funds

This newly created role within the Operations team will primarily focus on deal execution across the private credit platform. The individual will partner with existing Operations team personnel to successfully execute all deal closing related activity including primaries, incrementals, secondaries, internal transfers, amendments, and restructurings. The individual will also be expected to be a key member in contributing to the build-out of MSPC's agency process to support a growing pipeline of deals in which MSPC is expected to be selected as Administrative Agent.

The individual should expect to have responsibilities including but not limited to :

  • Work with internal teams including Operations, Finance, and Liability Management to ensure sufficient funding is available in advance for all deal execution activity
  • Assist Operations team in providing KYC to Administrative Agents in advance of deal closings
  • Provide allocations to agents and review funding notices to ensure that allocations and economics reconcile to MSPC's internal records
  • Communicate relevant deal-related information to downstream service providers such as fund administrators, trustees, and shadow books and records provider
  • Review security master detail to ensure that all mandatory fields are populated and accurate in advance of trade bookings
  • Book trades within MSPC's order management system and confirm the successful transmission downstream to relevant service providers
  • Ensure that fundings are released as early as possible after all internal and external approvals have been received
  • Assist in agency-related operational tasks for deals in which MSPC is selected as Administrative Agent
  • Work with MSPC sub-agent, Alter Domus, to collect borrower and lender KYC
  • Coordinate and obtain allocations for all lenders in the syndicate to be provided to sub-agent
  • Prepare, review and reconcile funds flow in coordination with MSPC Operations, Investment Team, and relevant sponsor or deal counsel
  • Assist with all internal communication needed across Operations, Finance, Liability Management, and Investment Team to ensure successful deal execution
  • Be a key point person to answer inbound deal execution related questions from external parties including sponsor, deal counsel, lenders, and sub-agent
  • Constantly review and determine best practices and areas of improvement in deal execution process
  • Qualifications :

  • Bachelor's degree or equivalent education required
  • 3-7 years of relevant operations experience in private credit / direct lending deal execution
  • Strong problem solving skills and ability to interact directly with multiple internal teams and external counterparties
  • Effective written and verbal communication skills are a must
  • Strong computer skills, especially Excel
  • Extremely organized and ability to multi-task
  • Must be meticulous, detail-focused, and consistently accurate
  • Ability to effectively prioritize and handle multiple tasks and work in a fast-paced environment
  • What You Can Expect From Morgan Stanley :

    We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren't just beliefs, they guide the decisions we make every day to do what's best for our clients, communities, and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you'll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There's also ample opportunity to move about the business for those who show passion and grit in their work.

    Expected base pay rates for the role will be between $105,000 and $140,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

    Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.

    It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership / union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

    Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M / F / Disability / Vet).

    Create a job alert for this search

    Private Credit • New York, NY, US

    Related jobs
    • Promoted
    Loan Assistant

    Loan Assistant

    Cathay Bank - HeadquartersQueens, NY, United States
    Full-time
    Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank - we strive to provide a caring culture that supports your aspirations and success....Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Senior Director of Strategic Financing

    Senior Director of Strategic Financing

    VirtualVocationsBronx, New York, United States
    Full-time
    A company is looking for a Senior Director, Strategic Financing.Key Responsibilities : Identify, structure, and evaluate strategic financing initiatives to fund infrastructure investments and grow...Show moreLast updated: 16 hours ago
    • Promoted
    North America Property Pricing Actuary

    North America Property Pricing Actuary

    Axis CapitalRed Bank, NJ, United States
    Full-time
    This is your opportunity to join AXIS Capital - a trusted.We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders.We also ...Show moreLast updated: 30+ days ago
    • Promoted
    Donor Relations Associate

    Donor Relations Associate

    New York Blood CenterRye, NY, United States
    Full-time
    Founded in 1964, New York Blood Center Enterprises (NYBCe) has provided more than 60 years of lifesaving research, innovation, and impact. NYBCe is one of the largest nonprofit blood centers, spanni...Show moreLast updated: 30+ days ago
    • Promoted
    ObGyn

    ObGyn

    The Inline GroupBronx, New York, US
    Full-time
    ObGyn physician employment in New York : The Inline Group -.Hours : 40-hour week, flexible schedules.Compensation : - $250,000 to $315,000 based on experience plus additional incentives / RVU bonus for...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Pricing Actuary

    Senior Pricing Actuary

    Axis CapitalShort Hills, NJ, United States
    Full-time
    This is your opportunity to join AXIS Capital - a trusted.We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders.We also ...Show moreLast updated: 3 days ago
    • Promoted
    • New!
    ETF Trading Logistics Associate

    ETF Trading Logistics Associate

    VirtualVocationsPaterson, New Jersey, United States
    Full-time
    A company is looking for an ETF Trading Logistics Associate to support key initiatives across the trading organization.Key Responsibilities Coordinate between Trading Operations and internal part...Show moreLast updated: 18 hours ago
    • Promoted
    • New!
    Texas Licensed Mortgage Loan Officer

    Texas Licensed Mortgage Loan Officer

    VirtualVocationsYonkers, New York, United States
    Full-time
    A company is looking for a Loan Officer in TX, AZ, or TN.Key Responsibilities Perform activities requiring an NMLS Loan Originator license Review applications from manufactured home retailer par...Show moreLast updated: 20 hours ago
    • Promoted
    Relationship Banker I (PT)

    Relationship Banker I (PT)

    Cathay Bank - HeadquartersQueens, NY, United States
    Full-time
    Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank - we strive to provide a caring culture that supports your aspirations and success....Show moreLast updated: 30+ days ago
    • Promoted
    Senior A&H Pricing Actuary

    Senior A&H Pricing Actuary

    Axis CapitalRed Bank, NJ, United States
    Full-time
    This is your opportunity to join AXIS Capital - a trusted.We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders.We also ...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    South Carolina Licensed Loan Officer

    South Carolina Licensed Loan Officer

    VirtualVocationsFlushing, New York, United States
    Full-time
    A company is looking for a Reverse Mortgage Inside Sales Loan Officer.Key Responsibilities Analyze customers' financial situations to provide tailored financial solutions Build rapport with pote...Show moreLast updated: 18 hours ago
    • Promoted
    Sr. Loan Assistant

    Sr. Loan Assistant

    Cathay Bank - HeadquartersQueens, NY, United States
    Full-time
    Are you enthusiastic, highly motivated, and have a strong work ethic? If yes, come join our team! At Cathay Bank - we strive to provide a caring culture that supports your aspirations and success....Show moreLast updated: 12 days ago
    • Promoted
    Investment Associate

    Investment Associate

    VirtualVocationsYonkers, New York, United States
    Full-time
    A company is looking for an Investment Associate to join their sourcing team.Key Responsibilities Source startups that meet investment criteria Develop relationships with startups and collaborat...Show moreLast updated: 17 days ago
    • Promoted
    Loan Acquisition Specialist

    Loan Acquisition Specialist

    OneMain FinancialWest Orange, NJ, United States
    Full-time
    At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members t...Show moreLast updated: 26 days ago
    • Promoted
    Reverse Mortgage Loan Officer

    Reverse Mortgage Loan Officer

    VirtualVocationsFlushing, New York, United States
    Full-time
    A company is looking for a Reverse Mortgage Inside Sales Loan Officer.Key Responsibilities Listen to and analyze customers' financial situations to provide tailored financial solutions Build rap...Show moreLast updated: 30+ days ago
    • Promoted
    Associate Consultant, Stop Loss

    Associate Consultant, Stop Loss

    VirtualVocationsPaterson, New Jersey, United States
    Full-time
    A company is looking for an Associate Consultant, Stop Loss Carrier Consulting.Key Responsibilities Analyze stop loss carrier data to identify trends and market opportunities Prepare materials f...Show moreLast updated: 12 days ago
    • Promoted
    • New!
    Mortgage Customer Service Associate

    Mortgage Customer Service Associate

    VirtualVocationsPaterson, New Jersey, United States
    Full-time
    A company is looking for a Mortgage Customer Service Associate - Remote.Key Responsibilities Manage inbound and outbound calls, assisting borrowers with inquiries about loan balances, payment his...Show moreLast updated: 22 hours ago
    • Promoted
    Mortgage Loan Processor

    Mortgage Loan Processor

    VirtualVocationsElizabeth, New Jersey, United States
    Full-time
    A company is looking for a Processor.Key Responsibilities Provide every client the best service in the industry Ensure accurate and timely packaging of all loans originated by the Mortgage Loan ...Show moreLast updated: 30+ days ago