Morgan Stanley

UHNW Lending Portfolio Management - Liquid Products (SBL) - Assistant Vice President

Morgan Stanley$100K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required
  • 3-5 years of experience in lending and credit within banking
  • Strong background in accounting and finance
  • Exceptional analytical skills for complex financial statements
  • Experience with troubled debt restructuring preferred
  • High attention to detail and work quality
  • Excellent communication skills to engage with various stakeholders

Responsibilities

  • Manage modifications and renewals of existing credit facilities
  • Perform detailed credit analyses of financial statements and collateral
  • Produce high-quality credit memoranda for review
  • Monitor financial conditions and covenant compliance continuously
  • Advise on collateral valuations for margin calls
  • Track macro-economic and capital market developments
  • Ensure regulatory compliance and data integrity in loan portfolio

Benefits

  • Opportunity to work with Ultra-High Net Worth clients
  • Collaborative working environment with cross-departmental teams
  • Exposure to bespoke financing transactions and structured loans
  • Potential for career development within a prestigious firm
  • Contributory role in improving asset management processes and procedures
Full Job Description
The Tailored Lending Group within Morgan Stanley Wealth Management is seeking an Asset Manager for our Liquid Products Team which specializes in bespoke financing transactions for Ultra-High Net Worth clients, including diversified and concentrated Securities Based Loans (SBL) and Cash Surrender Value of Life Insurance policies (Life Insurance Loans). The Asset Manager will report to the Head of Asset Management for Liquid Products and be responsible for managing and maintaining the quality of our existing and growing loan portfolio, collaborating with Lending Transactors on transitioning newly originated loans, and partnering with our Credit Risk Managers on portfolio risk control and reporting. The position shall be based in Salt Lake City, UT.

Position Summary

Experienced credit professional with an ability to manage a portfolio of complex and highly structured loans This individual will be responsible for:
  • Managing modifications, renewals, and annual reviews of existing credit facilities within a diverse portfolio of SBL and Life Insurance Loans:
    • Performing credit analyses covering financial statements and collateral and review of loan documents
    • Producing high quality credit memoranda clearly outlining transaction structure, results of the above credit analyses, and evaluation of strengths and risks of the transactions for Credit Risk Managers' review and approval
    • Running point on loan modifications to existing credit facilities in partnership with Lending Transactors and Credit Professionals


  • Evaluating, monitoring, and reporting on credit risk factors including:
    • Continuously monitoring financial condition and performance of loan parties, covenant compliance, and collateral valuations and communicating results to business unit and management
    • Valuing collateral to advise on margin calls and working with the Business, Operations, FA teams and Clients to resolve
    • Tracking developments in the capital markets, macro-economic and geopolitical events to keep abreast of potential impact on the financial conditions of loan parties
    • Timely amending loan classifications/risk ratings and performing impairment analysis when necessary
  • Partnering with Lending Transactors and Credit Professionals in transition of loans to Asset Management
  • Working with all relevant parties including Clients, Financial Advisors, Private Bankers, Loan Operations, Compliance and Legal teams throughout the loans' lifecycle
  • Ensuring portfolio data integrity within internal systems
  • Ensuring accurate and timely updates of loan portfolio metrics/reports
  • Assisting with the build out and continuous improvement of the asset management processes and procedures within Tailored Lending


Qualifications
  • Bachelor's degree required
  • Minimum 3-5 years of lending and credit experience in private bank, investment bank and/or commercial bank
  • Experience in accounting and finance
  • Detail oriented with exceptional analytical skills and ability to understand complex financial statements and loan structures
  • Experience with troubled debt restructuring and non-accrual loans a plus
  • High level of focus on work quality and attention to detail
  • Excellent oral and written communication skills and ability to interact with individuals on all levels
  • Ability to meet deadlines and multi-task in a fast-paced environment
  • Ability to collaborate effectively with related parties across the firm


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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