Fixed Income Operations Associate at Morgan Stanley

Baltimore, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

14 Jan, 26

Salary

83000.0

Posted On

16 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Fixed Income Operations, Process Management, Project Management, Risk Recognition, Loan Servicing, Collateral Management, Credit Documentation, Relationship Building, Secondary Mortgage Market, Loan IQ, Borrowing Base Management, Exception Reporting, Interest Invoicing, Client Requirements, Diversity and Inclusion, Team Collaboration

Industry

Financial Services

Description

Execute processes/functions and/or support process management and project efforts, leveraging knowledge of the systems, markets and instruments that influence the team Recognize risk in day-to-day processes to draw out the key issues and contribute to process improvements Build relationships within team and internal stakeholders, sharing knowledge to contribute to team output Participate in projects and initiatives, aiding in solution formulation with a focus on timely execution 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 Ability to establish clear goals and priorities, and address non-standard issues within area of expertise with minimal guidance and supervision Subject matter expertise in business area supported, client requirements, and ability to ensure control is not compromised to comply with client requests Culture carrier across Operations, embracing the Firm's core values Knowledge of the secondary mortgage market, including involvement of government-sponsored enterprises (i.e. Freddie Mac, Fannie Mae) Knowledge of Loan IQ is a plus At least 2 years' relevant experience would generally be expected to find the skills required for this role 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: $65,000 - $83,000 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 Fixed Income Operations Associate will execute processes and support project efforts while recognizing risks and contributing to process improvements. Daily tasks include loan servicing, collateral management, and reviewing credit documentation.