ISG Counterparty, Funds - Associate

Job description

Firm Risk Management Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, operational, model and other risks. Background on the Position: The role will reside within the Firm Risk Management's Credit Risk Management department, on the Counterparty Credit Risk team covering hedge funds, which is responsible for the independent identification, evaluation, monitoring, and management of Counterparty Credit Risk associated with various sales and trading activities across cash and derivative products. Primary Responsibilities: - Counterparty credit analysis - preparation of in-depth credit reviews for new hedge fund clients, annual reviews for existing clients, setting credit limits, and effectively managing excesses, interpretation of portfolio stresses, compiling recommendations and determining credit ratings. - Support due diligence meetings either by phone, at Morgan Stanley offices or at client premises to better understand the clie...