Portfolio Management Private Credit & Equity Associate Job at Morgan Stanley, New York, NY

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  • Morgan Stanley
  • New York, NY

Job Description

Morgan Stanley Investment Management (MSIM") is a global investment manager with over 40 years of history delivering innovative investment solutions across public and private markets worldwide. We have $1.4Tn of AUM with professionals located across 24 countries, with a proven long-term track record of success. Our investment teams bring significant expertise in structuring complex financial transactions and commitment to partnering with world-class management teams. Morgan Stanley's extensive business relationships and global network of resources afford our private equity and credit teams as well as our portfolio companies' unparalleled access to leading corporations, executive talent, as well as competitive deal sourcing advantages.


Morgan Stanley Private Credit (MSPC") is the corporate credit-investing business within the Private Credit & Equity segment of Morgan Stanley Investment Management. MSPC manages investments on behalf of third-party institutional and high net worth investors across a number of funds. MSPC has pockets of capital focused on investing in privately negotiated senior secured debt, junior debt and mezzanine debt investments to middle market corporate issuers as well as select secondary market credit investment opportunities. MSPC is looking for an associate to support the portfolio management and investment efforts of the credit investing platform.



Position Description:


As a member of the Private Credit Portfolio Management team, the position will play an integral role supporting the team on various funds across the platform. The team is the central point of oversight and contact with a focus on analytical activities and risk management. The team liaises with the organization's investment teams, as well as the finance team, investor relations, internal legal, tax, risk, compliance and control functions. The role will also support strategic business initiatives and fundraising efforts.


Primary Responsibilities:



Portfolio Management:
  • Prepare/coordinate quarterly portfolio review process
  • Review/analyze quarterly portfolio review materials
  • Review/analyze portfolio level and portfolio company level statistics and trends
  • Prepare/coordinate materials for quarterly and ad-hoc fund-level portfolio updates
  • Review/analyze underperforming portfolio company statistics and trends, including risk rating assessment and watch list preparation and maintenance
  • Participate in regular meetings regarding underperforming portfolio accounts and prepare related materials
  • Facilitate and coordinate materials for ad-hoc internal/external requests and projects
  • Review/analyze and track amendment activity across the portfolio
Valuation:
  • Coordinate with finance team on internal valuation process
Investor due diligence and reporting:
  • Coordinate with internal teams on ad hoc investor information requests as part of fundraising efforts and investor updates
  • BA/BS required
  • Strong analytical and financial skills, credit/investing background a plus
  • 3+ years of finance experience
  • Experience in a credit and/or portfolio management type position is preferred
  • Strong working knowledge of cash flow modeling, credit analysis and credit documentation
  • Strong communication and presentation skills
  • Strong capabilities in Excel and PowerPoint
  • Ability to work within a team and under tight deadlines
  • High commitment and strong work ethic
  • Committed to delivering the highest quality work product; strong attention to detail
  • Proactive; self-motivated and goal oriented
  • Ability to effectively prioritize and handle multiple tasks
Disclosures


Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. 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.


Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).



Wage Transparency Statement


Expected base pay rates for the role will be between $125,000 and $150,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.


Job Tags

Full time, Temporary work, Worldwide,

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