Credit Transaction And Execution VP
Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, model and other risks. The FRM Credit Risk Management - Securitized Products Group's Fixed Income Division Secured Lending (FSL) team is seeking a Credit transaction and execution VP to build and manage a global team focused on the legal aspects of structuring and execution of highly structured financing facilities. The role will focus on Credit risk issues and ensuring legal documentation reflects and includes all necessary credit related language.
Primary Responsibilities :
- Managing legal issues and documentation review regarding structure and other issues that arise in connection with structured financing and lending transactions
- Advising on legal structure of lending transactions related to Credit risk concerns and protections, including working with Credit coverage officers on drafting Credit covenants and clarifications on clauses which provide Credit protection
- Working closely with external counsel, business execution lawyers and internal Morgan Stanley legal teams to draft and negotiate transaction documentation and outline legal concerns and considerations in transactions
- Ensuring the legal documentation conforms Credit Risk Management's requirements and understanding through the execution phase of a transactions
- Utilizing legal knowledge to review external counsel's assessment of potential legals of a transaction's underlying collateral legal agreements (such as termination clauses on underlying lease agreements between a tenant and the borrower in a transaction) as well as potential weaknesses in credit support documents such as guarantees and equity commitment letters
- Presenting to senior risk management, regulators and internal audit credit related legal risks and findings
Experience :
6-8 years of experience in corporate, banking and / or capital markets experience at a major law firm and / or a large financial institutionFamiliarity with structured finance and secured lending transactionsCommercially driven and strong desire to work on a business teamExcellent verbal and written skills and ability to communicate with senior management and clientsAbility to build effective working relationships, including across functions, and interact comfortablyProven leadership ability to manage and deliver on multiple projects under time pressureMorgan Stanley is committed to creating and providing opportunities that enable our workforce to reflect diverse backgrounds and views. Expected base pay rates for the role will be between $95,000 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 may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs. This role is hybrid and currently requires in-office attendance of 3 days / week. The in-office requirement is subject to change at any time.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M / F / Disability / Vet).