Director (AVP) - Secured Lending Operations

Director Fid Secured Lending

We're seeking someone to join our team as a Director supporting Morgan Stanley's Fid Secured Lending (FSL) Business and is responsible for the management, maintenance, and ongoing servicing of its warehouse and other credit facilities secured by collateral including mortgages, hard assets, and equity pledges. The FSL Operations team works with external clients as well as internal stakeholders across divisions (including the Business Unit deal team and asset management, Financial Controllers, Credit, and Legal) to support the business.

In the Operations division, we partner with business units across the Firm to support financial transactions, devise and implement effective controls and develop client relationships. This is a Team Specialist position at Director level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

Interested in joining a team that's eager to create, innovate and make an impact on the world? Read on

What you'll do in the role :

• Review of relevant credit and closing documentation to build out loan facilities in internal booking systems
• Daily loan servicing including borrowing / funding requests, settlement / paydown processing
• Collateral review and management : load and review of daily custodial reports; coordinate with external document custodian on exceptions
• Execution of collateral releases for the shipment of loan documents to investors purchasing loans off the warehouse line
• Borrowing base management : monitoring warehouse line expiration dates, advance limits and deficiencies; coordinate with client and Business Unit as needed. Where applicable, coordinate with Credit and Business Unit on temporary exceptions
• Daily review of exception / break reports and taking appropriate actions to resolve
• Preparation and distribution of periodic interest & fees invoices
• Fielding other ongoing / ad hoc inquiries / requests from clients

What you'll bring to the role :

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 89 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.

Salary range for the position : $64,000 - $108,000 Yr. The successful candidate may be eligible for an annual discretionary incentive compensation award. The successful candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component. Morgan Stanley offers a full spectrum of benefits, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short / Long Term Disability, in addition to other special perks reserved for our employees. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings.

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).