Team Manager, Line (Operations)

Morgan Stanley


Job Description
FSL Operations supports Morgan Stanley's FID Secured Lending Business and is responsible for the management, maintenance, and ongoing servicing of its warehouse and other secured credit facilities. The team works with external clients as well as internal stakeholders across divisions (including the Business Unit deal team and asset management, Financial Controllers, Credit, and Legal) to support the business. Core responsibilities of the role within FSL Operations include: * Daily loan servicing including borrowing/funding requests, settlement/paydown processing * Collateral review and management: load and review of daily custodial reports; coordinate with external document custodian on exceptions. Execution of collateral releases for the shipment of loan documents to investors purchasing loans off the warehouse line. * Borrowing base management: monitoring warehouse line expiration dates, advance limits and deficiencies; coordinate with client and Business Unit as needed. Where applicable, coordinate with Credit and Business Unit on temporary exceptions * Daily review of exception/break reports and taking appropriate actions to resolve * Preparation and distribution of periodic interest & fees invoices * Fielding other ongoing/ad hoc inquiries/requests from clients The Director of the team will be responsible for the supervision and approvals of the above activities performed by the team, as well as producing metric and risk reporting, drafting and review of policies and procedures, and working with Technology partners on system enhancements. * Previous experience in a financial services Operations line in a supervisory capacity * Strong interpersonal, customer service, and supervisory skills * Highly motivated self-starter with excellent prioritization and multi-tasking abilities. * Ability to work in a fast paced environment, both independently and as part of a team. * Demonstrate ability to learn quickly with strong flexibility in regard to the duties assigned and problem solving skills. * Excellent verbal and written communication skills. Skills Desired * Knowledge in warehouse lending and collateral, or residential and consumer lending * Knowledge of the secondary mortgage market, including involvement of government-sponsored enterprises (i.e. Freddie Mac, Fannie Mae)
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