Dir, Team Specialist, P3, Product Support & Services ISG : Job Level - Director

FSL Operations supports Morgan Stanley's FID Secured Lending (FSL) Business and is 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. The team works with external clients as well as internal stakeholders across divisions (including the Business Unit deal team and asset management, Financial Controllers, Credit, and Legal) to support the business.
Core responsibilities of the role within FSL Operations include:
- 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 and management: load and review of daily custodial reports; coordinate with external document custodian on exceptions. Execution of collateral releases for the shipment of loan documents to investors purchasing loans off the warehouse line.
- Borrowing base management: monitoring warehouse line expiration dates, advance limits and deficiencies; coordinate with client and Business Unit as needed. Where applicable, coordinate with Credit and Business Unit on temporary exceptions
- Daily review of exception/break reports and taking appropriate actions to resolve
- Preparation and distribution of periodic interest & fees invoices
- Fielding other ongoing/ad hoc inquiries/requests from clients

The Director of the team will be responsible for the supervision and approvals of the above activities performed by the team, as well as development and reporting of metrics and risk reporting (KPI, KRI, RCSA) drafting and review of departmental policies and procedures, and working with Technology partners to drive system enhancements. Requirements:
- Previous experience in a financial services Operations line with at least 3 years in a supervisory capacity
- Strong interpersonal, customer service, and supervisory skills
- Highly motivated self-starter with excellent prioritization and multi-tasking abilities.
- Ability to work in a fast paced environment, both independently and as part of a team.
- Demonstrate ability to learn quickly with strong flexibility in regard to the duties assigned and problem solving skills.
- Excellent verbal and written communication skills.

Skills Desired
- Knowledge in warehouse lending and collateral, or residential and consumer lending
- Knowledge of the secondary mortgage market, including involvement of government-sponsored enterprises (i.e. Freddie Mac, Fannie Mae)

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.

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

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.