MSIM PC&E - Private Credit- Senior Associate/ Vice President - Morgan Stanley
New York, NY
About the Job
Job Number:
3263224Posting Date
: Dec 5, 2024Primary Location
: Americas-United States of America-New York-New YorkJob
: Asset/Investment ManagementDescription
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 $1.5Tn 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 and strategies. 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.
Morgan Stanley Direct Lending (“MSDL”) is a rapidly growing and the largest segment of Morgan Stanley Private Credit. The team closed its first transaction in the first quarter of 2020 has since grown to ~$20 billion of AUM and manages over 225 portfolio accounts. Almost all of the team's investing activities are focused on upper middle market private equity-controlled companies seeking club-executed unitranche financing. MSDL is looking for a senior-level Associate or junior-level Vice President to support the investment efforts of the credit investing platform.
Responsibilities:
- -Work with senior and junior members of MSDL to conduct due diligence on new opportunities
- -Perform in-depth sector and company research and detailed financial modeling
- -Prepare credit investment memoranda
- -Assist with the negotiation of term sheets, commitment letters and credit documentation
- -Monitor portfolio company results as well assist with add-on financings and amendments
Qualifications
- -Bachelor’s Degree
- -Strong academic record and job performance
- -Minimum of 4 years of relevant work experience, including at least 2 years of private credit or substantially similar experience
- -Excellent PowerPoint, Word and Excel skills, including ability to independently create flowing, 3-statement financial projection models
- -Strong written and verbal presentation skills
- -Ability to work effectively on multiple projects in a fast-paced environment
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 $175,000 and $250,000 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.