Private Share Lending Vice President
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, achieve, and grow. A philosophy that balances personal lifestyles, perspectives, and needs is an important part of our culture.
MSWM's Private Banking Group ("PBG") offers a variety of lending, deposit, and cash management solutions such as securities-based loans, private share loans, home loans, and cash management accounts. PBG is responsible for developing, launching and managing innovative banking and lending services tailored for Wealth Management clients through its US Bank entities : Morgan Stanley Private Bank, National Association ("MSPBNA"), Morgan Stanley Bank, N.A. ("MSPBNA"), and E
The Private Share Lending Group within the PBG is a new group focused on managing, developing and growing the Private Share Lending "PSL" business within Morgan Stanley. The PSL product provides liquidity solutions by allowing clients to borrow against the value of eligible collateral held in their late-stage private company. The PSL VP will report to the Head of Private Share Lending and will be responsible for maintaining the quality of the existing loan portfolio, collaborating on new loan originations and partnering with our Credit Risk Managers on portfolio risk control and reporting.
Position Summary :
Experienced credit professional with an ability to manage a portfolio of Private Share Loans. A successful candidate will have an awareness of market activity within the space, and an ability to determine which external factors may impact collateral valuation. This individual will be responsible for :
Required Experience and 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 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.
Expected base pay rates for the role will be between $110,000 and $190,000 per year 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.
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).
Vp Lending • New York, NY, US