PWM Credit Risk at Morgan Stanley
Hello Fellow monkeys
I saw a job posting at MS and this Credit risk analyst is not part of the IBD division but is under WMG. Is this position different from the credit risk analyst at IBD division?
Job description: Assist Underwriters and/or Portfolio Managers on the Commercial Real Estate Team with the following: Pre-screen transactions and communicate with Senior Lending Transactor / Origination team. Develop structuring recommendations within context of firm’s credit policy and philosophy. Conduct due diligence including financial statement analysis, collateral analysis (e.g. reviewing appraisals, and environmental due diligence), risk rating, etc. Produce high quality credit memoranda clearly outlining transaction, purpose, strengths, risks and mitigants. Make approval or decline recommendations to credit approvers. Articulate recommendation in a clear, concise and informed manner. Demonstrate acceptable level of preparation and knowledge. Manage all loan requests within stated turn times unless justified as an exception. Actively communicate with Underwriter/Portfolio Manager, Senior Lending Transactor, FA and/or client. Ensure accurate and timely update of pipeline reports. Ensure loan documentation accurately represents the terms of the loan approval and permits Morgan Stanley to enforce its rights in a default situation. Manage a diverse portfolio of commercial real estate loans. Monitor the ongoing financial condition and performance of Borrowers/Guarantors, covenant compliance, and the value/condition of collateral. Make timely recommendations regarding changes in credit classification and risk rating. Develop/implement remedial action plans as needed. In conjunction with the Senior Lending Transactor and/or Financial Advisor, maintain frequent communication with the Borrower and the Borrower’s advisors. Keep current on major developments and changes in financial condition and identification of potential additional financing needs. Keep the Financial Advisor informed of relationship status and action plans on an ongoing basis. Work with internal and external legal counsel and Loan Operations to prepare loan agreements, amendments and waivers. Maintain the integrity of Borrower’s internal credit ratings and other loan data in internal credit systems.
exit opps? pay? any information is appreciated
