Director Global Loan Servicing Morgan Stanley Maryland

Job Description: • 2-minute read •
The Global Loan Servicing Team (GLS) provides operational support for various Wholesale Loan products including Corporate Loans and Whole Loans. GLS also supports Global Capital Markets (GCM), Loan Products Group (LPG), and Leverage Acquisition Financing (LAF).
As an Operational unit, GLS is divided amongst numerous teams that are responsible for the following functions;

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Corporate Loans: Responsibilities consist of origination and syndication of primary loan facilities, servicing agency deals, and facilitation of secondary loan trading. The team is also responsible for supporting transactions for other loan products such as Collateralized Loan Obligations (CLOs), Total Return Swaps(TRS), and Letters of Credit (LCs).
Whole Loans: Responsibilities include providing front to back operational support to the Securitized Products Group (SPG). Products include Warehouse lending, Residential and Commercial mortgages, consumer loans, and capital commitments.

Team Description
The Letters of Credit team is responsible for the issuance and servicing of all Morgan Stanley issued Letters of Credit, while ensuring that all documents and approvals have been received and archived. The team is responsible for processing servicing transactions along with any amendment requests post issuance and throughout the life of the Letter of Credit. They further liaise with both internal and external partners such as, the Financial Advisor (FA), Private Banker (PB), Business Unit, Legal, Risk, our Client and Beneficiary to ensure a smooth and seamless transaction.
The team member will also be required to liaise with the GLS Mumbai team and allocate work to that team. They will also need to act as a control team to approve and review work done by the GLS Mumbai team.
We`re currently seeking a Manager Level Letter of Credit Operations Specialist to join the GLS Letters of Credit Team. This role is to support the GLS Baltimore Letters of Credit Team and will be responsible for
Supervision of Processes
Issuance of Letters of Credit, Amendments and other applicable documentation
Liaising with internal and external stakeholders to bring Letters of Credit to conclusion
Familiarity with UCP 600 and ISP98
Adhere to all internal and external policies and procedures
Responsible for the accuracy and processing of all Letter of Credit related actions
Update dashboards and various manifests utilized by management for reporting purposes
Suggest and complete process improvements

QUALIFICATIONS
Bachelor`s Degree

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