FID, SPG - Commercial Real Estate Lending - Large Loan Underwriting - AN/AS
Morgan Stanley
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.
Department Profile
The Fixed Income Division (FID) is comprised of Interest Rate and Currency Products, Credit Products, Securitized Products, and Municipal Securities. Professionals in the Division assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets.
Position Description
Morgan Stanley’s Commercial Real Estate Lending focuses on the origination, loan syndication, securitization and asset management of CRE mortgage loans and loan pools within the Securitized Products Group (SPG). This is a rapidly expanding business within Fixed Income being recognized for providing traditional and innovative financing techniques, helping a wide range of global clients to execute their business strategy.
We are currently seeking interested Associate or Analyst level candidates to join our team based in New York. This candidate would join the Large Loan originations platform covering some of the top clients within Commercial Real Estate. The candidate will work closely with all members of the CREL Lending team including the US Head of Real Estate, syndication, securitization, closing, credit, and asset management teams. The role requires a keen interest and experience in commercial real estate credit, underwriting and origination.
Primary Responsibilities
Lead underwriting of potential large loan transactions for both balance sheet and securitization exits which include analyzing property cash flows, sizing debt metrics, and completing market analysis
Prepare presentations including internal credit memos, syndication materials, rating agency presentations which summarizing the key elements of each deal including nuances in structure and property credit
Manage the process of deal flow internally from sizing, pricing, and closing keeping track of due diligence items and coordinating between internal supporting functions and externally with clients, lending partners and brokers
Skills Required
Strong academic background
Strong analytical and modelling skills
Pro-active and results oriented mind-set
Strong organizational and communication skills
Ability to effectively prioritize and handle multiple tasks under tight deadlines
Background in Commercial Real Estate underwriting
PowerPoint, excel, etc. skills
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 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. 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.
We're committed to bringing passion and customer focus to the business.
Expected base pay rates for the role will be between $110,000 and $125,000 per year commencement of employment for Analyst, and between $150,000 and $200,000 per year commencement of employment for Associate. 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).