Credit Risk: ISG Lending, FSL Esoteric - Vice President

Firm Risk Management (FRM) at Morgan Stanley partners closely with business units across the Firm to support sustainable growth, efficient risk adjusted returns, and the protection of the Firm's balance sheet. Credit Risk Management (CRM) plays a critical role in this mandate by providing independent yet commercial credit oversight across a broad range business activities.This role sits within the Credit Risk Management team responsible for highly structured lending transactions secured by operating businesses, franchise royalties, and digital infrastructure assets such as data centers, fiber networks, and other project finance-style assets. The position offers exposure to complex, innovative financing structures and close engagement with senior stakeholders across the Firm, including Origination, Structuring, Legal, Syndication, and senior Risk leadership.The ideal candidate combines strong credit fundamentals with commercial judgment, thrives in a fast paced transaction environment, and is motivated by the opportunity to influence complex financing decisions at scale.________________________________________Key Responsibilities- Provide primary credit risk coverage for structured lending, warehouse facilities, and asset backed financing transactions collateralized by franchise royalties, digital infrastructure, and project finance assets- Lead end to end credit evaluation of new transactions, including review of financial statements, cash flow models, diligence materials, legal structures, and third party reports; partner closely with business units to ensure credit risk considerations are integrated into transaction structuring and strategic decisions- Assess and approve amendments, renewals, waivers, collateral additions / releases within an assigned portfolio- Distill complex analyses into clear, well reasoned credit assessments and internal approval memoranda for senior Credit officers, Firmwide committees, and quarterly portfolio reviews- Establish and maintain internal credit ratings, risk limits, and ongoing monitoring frameworks aligned with the Firm's risk appetite- Monitor portfolio performance, covenant compliance, and early warning indicators; escalate risks proactively and thoughtfully- Engage with internal and external stakeholders including regulators and internal audit as appropriate on transaction specific and portfolio matters- Contribute to the training and development of junior team members and foster strong risk discipline across covered businesses - Bachelor's degree required; advanced degree is a plus- 5-10+ years of experience in credit risk, covering structured finance, project finance, or specific / general corporate industries- Strong experience analyzing cash flow based structures, leverage profiles, downside scenarios, and stress cases- Familiarity with structured transactions, securitization style financings, or complex collateral packages preferred- Excellent written and oral communication skills with the ability to present clearly to senior stakeholders- Strong organizational skills and comfort managing multiple high priority workstreams in a dynamic environment- Collaborative mindset with a balance of independence, judgment, and ownershipWHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work. To learn more about our offices across the globe, please copy and paste into your browser.Expected base pay rates for the role will be between $120,000 and $210,000 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.Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.For more information, please visit: .Employment Type:Full timeJob Level:Vice PresidentPosted Date:Jun 30, 2026ATS Job Description Test:Department:Risk / Policy Mgmt