FID, First-Line Credit Analyst - Derivatives Trading (Associate / Vice Pres at Morgan Stanley

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

20 Feb, 26

Salary

250000.0

Posted On

22 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Underwriting, Analytical Ability, Communication Skills, Interpersonal Skills, Derivatives Exposure Metrics, Stress Testing Concepts, Transaction Structuring, Credit Risk Management, Due Diligence, Traded Products, Exposure Dynamics, Collateral, Market Developments, Transaction Recommendations, Credit Analyses, Relationship Building

Industry

Financial Services

Description

Transaction Evaluation & Credit Underwriting Evaluate new counterparty risk associated with derivative transactions across corporate counterparties, PE funds, and securitization structures. Develop clear, balanced, and well-supported written credit analyses assessing counterparty fundamentals, transaction structure, collateral/CSAs, exposure dynamics, stress outcomes, and key risks. Present and defend transaction recommendations to senior leaders within the business and Firm Risk Management. Participate in transaction discussions with trading, structuring, capital markets origination and sales to ensure a shared view of credit appetite, structural mitigants, and commercial considerations. Build strong working relationships with second-line Credit Risk Management, Legal, Trading, and Operations to support smooth execution of transactions. Support senior team members in due diligence discussions with counterparties for new relationships or complex structures. Assist in preparing periodic portfolio reports summarizing ratings changes, excesses, and market impacts for senior management. Prepare concise yet thorough credit memoranda, exposure summaries, and transaction approvals for internal committees. Contribute to ad hoc presentations for business leadership, Firm committees, and regulatory inquiries. Bachelor's Degree required. Credit rating agency (corporates, financial institutions, or structured products) Leverage / Acquisition Finance team Secured lending team Bank credit risk management team Structuring or credit-intensive role within a bank's trading or capital markets division Strong analytical ability and comfort working with complex information under time pressure. Demonstrated ability to develop coherent credit views and communicate them clearly—both in writing and in discussions with senior stakeholders. Familiarity with traded products, ISDAs/CSAs, and exposure concepts preferred. Ability to work independently in a fast-paced trading-floor environment while managing multiple deliverables. Strong interpersonal skills and a collaborative mindset to partner effectively with front-office teams. Experience with derivatives exposure metrics, stress testing concepts, and transaction structuring. Experience presenting credit recommendations to committees or senior risk stakeholders. Comfort interacting with clients, counterparties, and internal teams across the Firm. Interest in market, sector, and counterparty-specific developments relevant to traded credit exposures. 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. Expected base pay rates for the role will be between between $150,000 and $200,000 per year commencement of employment for Associate, and between $160,000 and $250,000 per year commencement of employment for Vice President. 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

Evaluate new counterparty risk associated with derivative transactions and develop well-supported written credit analyses. Present transaction recommendations to senior leaders and participate in discussions with various teams to ensure a shared view of credit appetite and structural mitigants.