Credit Risk (Risk Management) : Job Level - Vice President

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 include managing legal issues and documentation review regarding structure and other issues that arise in connection with structured financing and lending transactions. The role also requires advising on the legal structure of lending transactions related to credit risk concerns and protections, working with Credit coverage officers on drafting credit covenants and clarifications on clauses which provide credit protection. Additionally, the role involves 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. The role also requires ensuring the legal documentation conforms to Credit Risk Management's requirements and understanding through the execution phase of transactions. Utilizing legal knowledge to review external counsel's assessment of potential legals of a transaction's underlying collateral legal agreements and potential weaknesses in credit support documents such as guarantees and equity commitment letters is also part of the role. Presenting to senior risk management, regulators and internal audit credit related legal risks and findings is required.

Experience includes 8 - 9 years of experience in corporate, banking and / or capital markets experience at a major law firm and / or a large financial institution. Familiarity with structured finance and secured lending transactions is required. Commercially driven and strong desire to work on a business team are also required. Excellent verbal and written skills and ability to communicate with senior management and clients are also required. Ability to build effective working relationships, including across functions, and interact comfortably is required. Proven leadership ability to manage and deliver on multiple projects under time pressure is required.