Morgan Stanley

Private Credit - Underwriting - VP

Morgan Stanley$225K — $250K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree
  • Minimum of 6 years of relevant work experience, including at least 2 years in private credit or similar roles
  • Strong academic record and job performance
  • Advanced skills in PowerPoint, Word, and Excel
  • Ability to create comprehensive 3-statement financial projection models
  • Strong written and verbal presentation skills
  • Ability to manage multiple projects in a fast-paced environment

Responsibilities

  • Conduct due diligence on new credit opportunities
  • Perform sector and company research and detailed financial modeling
  • Prepare credit investment memoranda
  • Negotiate term sheets, commitment letters, and credit documentation
  • Monitor portfolio company performance and assist with financing adjustments

Benefits

  • Access to Morgan Stanley's extensive global network and resources
  • Opportunity to work with a leading investment team focused on rapidly growing sectors
  • Engagement with a diverse portfolio of upper middle market companies
  • Participation in incentive compensation and discretionary bonus structures
  • Comprehensive benefits packages that may include retirement plans, health insurance, and additional Morgan Stanley sponsored programs
Full Job Description
Morgan Stanley Private Credit ("MSPC") is the corporate credit-investing business within the Private Credit & Equity segment of Morgan Stanley Investment Management. MSPC manages investments on behalf of third-party institutional and high net worth investors across a number of funds and strategies. MSPC has pockets of capital focused on investing in privately negotiated senior secured debt, junior debt and mezzanine debt investments to middle market corporate issuers as well as select secondary market credit investment opportunities.

Morgan Stanley Direct Lending ("MSDL") is a rapidly growing and the largest segment of Morgan Stanley Private Credit. The team closed its first transaction in the first quarter of 2020 has since grown to ~$20 billion of AUM and manages over 225 portfolio accounts. Almost all of the team's investing activities are focused on upper middle market private equity-controlled companies seeking club-executed unitranche financing. MSDL is looking for a Vice President to support the investment efforts of the credit investing platform.

Responsibilities:

  • Work with senior and junior members of MSDL to conduct due diligence on new opportunities
  • Perform in-depth sector and company research and detailed financial modeling
  • Prepare credit investment memoranda
  • Assist with the negotiation of term sheets, commitment letters and credit documentation
  • Monitor portfolio company results as well assist with add-on financings and amendments
  • Bachelor's Degree
  • Strong academic record and job performance
  • Minimum of 6 years of relevant work experience, including at least 2 years of private credit or substantially similar experience
  • Excellent PowerPoint, Word and Excel skills, including ability to independently create flowing, 3-statement financial projection models
  • Strong written and verbal presentation skills
  • Ability to work effectively on multiple projects in a fast-paced environment


Expected base pay rates for the role will be $225,000 - $250,000 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

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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