Residential Whole Loan Execution Manager
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
The FID Securitized Products Group is currently seeking an Execution Manager to work on all aspects of executing residential whole loan transactions, securitization transactions and other trading-relating matters involving a broad array of residential mortgage products. This will include working with originators and securitization/syndication teams to help structure transactions, and liaising with external counsel as well as internal constituents in legal, compliance, tax and accounting policy divisions.
-Main responsibilities center on running residential whole loan trades and securitizations, including:
o Preparing, reviewing and negotiating trade confirms and mortgage loan purchase and sale agreements
o Advising on structure of purchase and sale and securitization transactions, taking into account legal, regulatory, tax and other constraints
o Liaising with external counsel to prepare purchase and sale and securitization documentation
o Leading negotiations with clients
o Liaising with various internal functions to facilitate settlement of purchase and sale transactions, servicing transfers, and closing securitizations
-Additional responsibilities would include:
o Preparing and updating precedents and templates
o Reviewing and liaising with internal legal on NDAs, third-party vendor agreements , and transaction documents
o Organizing teach-ins for the team #LI-JN1 Qualifications:
- Corporate transactional experience relating to consumer loan products (residential mortgages, unsecured consumer loans, etc.)
- Familiarity with structured finance and secured lending transactions
- Commercially driven
Morgan Stanley is an equal opportunities employer. 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. #LI-JN1