UHNW Business Support, U.S. Banks, Vice President, Wealth Management at Morgan Stanley

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

12 Jan, 26

Salary

0.0

Posted On

14 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Services, Private Banking, Lending, Real Estate Management, Commercial Property Insurance, Team Management, Regulatory Compliance, Loan Documentation, Data Analysis, Project Management, Communication Skills, Detail Orientation, Time Management, Collaboration, Microsoft Office Suite, Critical Thinking

Industry

Financial Services

Description

Ensure all insurance policies and property tax obligations of the diverse portfolio are managed accurately, efficiently, and in compliance with loan agreements and regulatory requirements Outreach to insurance brokers to request renewal insurance certificates, review insurance certificates to ensure compliance with coverage requirements, update loan systems for coverage compliance, escalate issues as appropriate, and provide reporting on past due payments. Ensure property taxes are paid as verified on the municipality website, update loan systems for compliance, escalate issues as appropriate, and provide reporting on past due payments. Engage in ongoing portfolio reporting and ensure accurate and timely updates of loan portfolio metrics. Assisting with covenant and collateral monitoring data entry, maintenance, document collection and override reviews. Assisting with daily operating activities including (1) Verifying and attesting to credit facility compliance with regulations, including Regulation O, U, V, and W, (2) Reviewing loan documentation for completeness, (3) Verifying credit facility files including a credit facility closing checklist, pricing approvals, business escalation approvals, credit facility documents, etc. Completing various business and regulatory related reporting including (1) pipeline, production and portfolio reporting; (2) HMDA, Reg B, Red Flags, CCAR and International Recons, and (3) producing metric reporting materials for MBR meeting. Handling loan servicing related requests such as creating and/or reviewing DocuSign envelopes, Intralinks folder setup, confirming loan details, wire disbursements, incoming principal, interest and/or fee payments, payoff quotes, and generate FX loan statements Master's/Bachelor's Degree (in Finance or Economics) required; 9+ years of work experience in financial services, private banking and lending and/or real estate management Knowledge of commercial property insurance requirements is a plus Experience in managing, leading and developing a team of 5-8 people in a global organization Experience at a global organization handling multiple priorities and different time zones Proficient in Microsoft Office Suite (Outlook, Word, Excel, PowerPoint, TEAMS) Strong communication skills with the ability to articulate both verbally and in writing in a clear and professional manner; Critical thinking with the ability to evaluate data and make sound judgements; knowing when to escalate / ask questions Detail orientated in ensuring accuracy and completeness of all tasks Exceptional data and analytical skills; project management experience preferred Organization, time management, and multi-task abilities to meet deadlines and manage internal/external expectations. Teamwork and collaboration skills to achieve common goals A positive and energetic attitude with a desire to acquire new knowledge and skills. 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. 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.

Responsibilities

Manage insurance policies and property tax obligations for a diverse portfolio, ensuring compliance with loan agreements and regulatory requirements. Engage in ongoing portfolio reporting and assist with covenant and collateral monitoring.