What are the responsibilities and job description for the Fixed Income Secured Lending, Subscription Finance - Analyst/Associate position at Morgan Stanley?
Morgan Stanley FID Secured Lending group (“FSL”) is seeking an Analyst / Associate to be part of its Capital Call Subscription Finance (“CCSF”) platform based in New York.
FSL sits within Morgan Stanley’s Fixed Income Division and provides asset-backed financing facilities to asset originators, aggregators and financial sponsors. FSL currently manages a portfolio backed by a diverse range of assets including fund capital commitments, private credit loans, consumer loans, residential and commercial mortgages, student loans, and commercial real estate loans across the US, Europe, and APAC regions.
The CCSF team is looking for highly motivated candidates to focus on Morgan Stanley’s growing Subscription Finance lending platform, which provides credit facilities to funds across a wide array of asset classes and banks some of the Firm’s most prolific clients globally. Previous experience in fund finance is not required for the role but is preferred.
Daily Responsibilities Would Include
Candidates must have the following background & skills:
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 for Analyst, and between $150,000 and $200,000 per year for Associate, 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).
FSL sits within Morgan Stanley’s Fixed Income Division and provides asset-backed financing facilities to asset originators, aggregators and financial sponsors. FSL currently manages a portfolio backed by a diverse range of assets including fund capital commitments, private credit loans, consumer loans, residential and commercial mortgages, student loans, and commercial real estate loans across the US, Europe, and APAC regions.
The CCSF team is looking for highly motivated candidates to focus on Morgan Stanley’s growing Subscription Finance lending platform, which provides credit facilities to funds across a wide array of asset classes and banks some of the Firm’s most prolific clients globally. Previous experience in fund finance is not required for the role but is preferred.
Daily Responsibilities Would Include
- Preparation and review of credit applications/presentations for both new transactions as well as renewals/amendments to existing facilities
- Support the structuring and negotiation of term sheets, loan agreements, fee letters, and other legal documents from origination to execution
- Conduct due diligence on a Fund’s governing agreements, investors, and financial performance
- Interface with multiple constituents within FSL and Morgan Stanley, more broadly, including the Asset Management team, Syndication team, Credit Risk Management team, Operations team, and various client coverage teams to deliver a first-class product internally and externally
- Prepare ad hoc analysis as needed by senior management
Candidates must have the following background & skills:
- Degree from competitive undergraduate/graduate program
- For analysts, preferred if you’ve had at least one internship / full-time position in a finance-related field
- For associates, preferred if you’ve had work experience of 2 years within CCSF
- Proficiency in MS Office products (PowerPoint, Word, Excel, Outlook)
- Strong work ethic
- Team player
- Proactive and self-directed
- Analytical
- Strong attention to detail
- Ownership mindset
- Strong oral / written communication and presentation skills
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 for Analyst, and between $150,000 and $200,000 per year for Associate, 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).
Salary : $110,000 - $125,000
