Director (AVP) - Secured Lending Operations at Morgan Stanley

Baltimore, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Mar, 26

Salary

108000.0

Posted On

02 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Servicing, Collateral Management, Borrowing Base Management, Credit Documentation Review, Customer Service, Supervisory Skills, Problem Solving, Communication Skills, Warehouse Lending, Residential Lending, Consumer Lending, Loan IQ, Secondary Mortgage Market, Interpersonal Skills, Multi-tasking, Flexibility

Industry

Financial Services

Description

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 Ability to lead by example, work with drive and determination, and put forward challenging views to senior levels Comprehensive knowledge and understanding of functional area and operational/compliance policies and procedures of their team Ability to operate independently across the majority of day-to-day responsibilities Culture carrier across Operations, embracing the Firm's core values and acting as a role model 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. 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) Experience with Loan IQ is a plus 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. 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. Salary range for the position: $64,000 - $108,000 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. Please visit mybenefits.morganstanley.com to learn more about our benefit offerings. 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.

Responsibilities

The Director will oversee the review of credit and closing documentation, manage daily loan servicing, and coordinate collateral management. They will also handle borrowing base management and resolve exception reports while leading the team by example.