Global Loans Services Director
Job Number: 3260034
POSTING DATE: Oct 4, 2024
PRIMARY LOCATION: Americas-United States of America-Maryland-Baltimore
EDUCATION LEVEL: Bachelor's Degree
JOB: Other
EMPLOYMENT TYPE: Full Time
JOB LEVEL: Director
DESCRIPTION
We’re seeking someone to join our team as a Director in Institutional Securities Fixed Income Operations who will be 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.
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 Supervisor position at Director level within Product Support & Services, which is responsible for providing transaction support and managing post execution processes.
What you’ll do in the role:
- Serve as the primary supervisor within specific line or project area with accountability to associated risks
- Manage direct reports, leading 1:1s and career development, attracting and retaining high quality talent in line with our leadership commitments
- Review resources to ensure adequate coverage to deliver BAU commitments, highlighting current and future needs to manager
- Share expert knowledge across the team, contributing to team output and ensuring diverse viewpoints are heard
- 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 of and management: load and review of daily custodial reports; coordinate with external document custodian on exceptions
- Fielding other ongoing / ad hoc inquiries from clients
QUALIFICATIONS
What you’ll bring to the role:
- Ability to lead by example, work with drive and determination, adapt management style to suit individuals and ensure team is well supported with a sense of purpose
- Prepared to challenge the status quo, raise concerns and/or needs of their team members
- Ability to pitch communication appropriately according to the audience and demonstrate active listening skills
- Culture carrier across Operations, embracing the Firm's core values and acting as a role model
- Previous experience in financial services operations line
- Knowledge of loan markets, specifically performing and non performing across multiple strategies
- Experience in Corporate Loan Operations
- Able to meet tight deadlines, multiple initiatives and has an execution-focused approach
- Must obtain Series 99 license if supervising a covered function
Role is hybrid and will require in office attendance 3 days/week.
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.
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 range for the position: $62,000 - $104,000 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.
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