Global Capital Markets - Associate/VP, Strategic Lending Group

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Divisional Profile

Global Capital Markets (GCM) responds with market judgment and ingenuity to meet clients' needs for capital. Whether executing an IPO, a debt offering or a leveraged buyout, GCM integrates Morgan Stanley's expertise in Sales & Trading and in Investment Banking (IBD), offering clients seamless advice and sophisticated solutions. We originate, structure and execute public and private placement of equities, investment-grade and non-investment-grade debt and related products.

Role Details

• The Strategic Lending Group (“SLG”) is responsible for the management and origination of a significant corporate loan portfolio and leads the investment committee process for corporate loan requests across Investment Banking and Global Capital Markets. SLG operates at the intersection of deal execution, risk, and strategy. The corporate loans are critical in driving client activity across the integrated investment bank.
• The Associate will support the evaluation, structuring, approval, and ongoing management of corporate lending transactions and contribute to portfolio strategy initiatives.
• The role offers exposure to a wide range of financings, including M&A and leveraged buyout commitments and working capital / liquidity facilities, and involves close partnership with stakeholders across IBD, GCM, Sales & Trading, and Credit Risk Management teams.
• We assist in deal origination / structuring and are responsible for calculating returns, evaluating credit quality, assessing value proposition, optimizing financing structure and terms, and evaluating portfolio strategy and future revenue opportunities.
• SLG reviews and approves corporate and sponsor financings including M&A and LBO commitments (event loans) as well as working capital / liquidity facilities (relationship loans).
• The team is looking to hire an Associate who will be based in New York.
• Deal coverage responsibilities will include:
• Review lending requests, provide feedback to deal teams and present to investment committee.
• Interact with senior IBD and GCM management on significant commitment requests.
• Coordinate with Fixed Income team related to hedge strategy, loan P&L and secondary sales.
• Work with deal teams to review and execute transactions, including negotiation of loan documentation related to working capital / liquidity facilities.
• Coordinate with deal teams on challenged loans and drive decisions related to amendments, secondary sales and restructurings.
• Work with groups across the Firm on the execution of transactions including Credit Risk Management, Operations, Legal, and Treasury.
• Project Activities include:
• Provide senior management with regular reporting and analysis related to the portfolio.
• Ad-hoc projects including conducting large scale data analysis, monitoring market and industry trends, and staying closely aligned with the Firm’s evolving strategic priorities and portfolio objectives.

Skills Required

• Ideally 3+ years of experience within financial sector; experience in Global Capital Markets, Investment Banking, and / or Corporate Finance encouraged.
• Extraordinarily high level of motivation and commitment to working hard.
• Extraordinarily high level of focus on work quality and attention to detail.
• Excellent written and verbal communication skills.
• Strong client and interpersonal skills.
• Commercial instinct and effectively prioritize and handle multiple tasks under tight deadlines.
• Bachelor’s degree is required; must have Regulatory licensing or obtain.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 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.

Pay Transparency

Expected base pay rates for the role will be between $150,000 and $225,000 per year for Associate, and $275,000 per year for VP, 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.