Credit Risk ISG Lending: Power, Energy & Materials - Associatete
Morgan Stanley · New York City, New York, US
Firm Risk Management (FRM) Firm Risk Management enables Morgan Stanley to achieve its business objectives by partnering across business units to drive effici...
Job description
Firm Risk Management (FRM) Firm Risk Management enables Morgan Stanley to achieve its business objectives by partnering across business units to drive efficient risk adjusted returns, advise senior leadership, and protect the Firm from losses arising from credit, market, liquidity, operational, model, and other risks. Background on the Position This role sits within the Credit Risk Management team covering the Power & Utilities (P&U) sector in New York. The position focuses on assessing creditworthiness for both derivatives/trading and lending requests, and portfolio management. The team is responsible for counterparties across the regulated utilities, independent power producers (IPP), and renewable energy sectors. Primary Responsibilities: Credit Risk Assessment & Transaction Review - Conduct in depth credit analysis of P&U counterparties, including regulated utilities, IPPs, renewables, etc. - Participate in due diligence process for new transactions and client onboarding. Review lender presentations, coordinate with business units on the approval process, and assess covenant packages and structural protections. - Review trade requests from business / origination teams, evaluate...