MSIM - CLO Tranche PM/Trader, Fixed Income - Vice President/Executive Director
Morgan Stanley- Leadership role acting as the primary day-to-day portfolio manager for MSEV’s $1.3+ billion CLO tranche investing business, reporting to the Co-Heads of CLO Management.
- Source, analyze, and trade CLO tranches (AAA through equity) in the primary and secondary markets.
- Evaluate relative value across managers, vintages, structures, and collateral profiles.
- Perform structural and collateral analysis, including tranche cash flow dynamics and stress scenarios.
- Provide thought leadership on how to achieve both future growth in our tranche business as well as operational efficiencies on the platform.
- Act as a representative for MSEV’s CLO business with internal and external counterparties, including attending industry conferences and manager roadshows throughout the year.
- Perform critical internal and external compliance tasks related to both the issuance and tranche investing businesses, including formal investment write-ups and AUP reporting in collaboration with other members of the MSEV CLO team.
- 5+ years of experience at either an existing CLO tranche manager or sell-side CLO role.
- Must have prior experience analyzing CLO structures and legal documents.
- Strong communications skills are critical as well as a desire to have a leadership role within the Fixed Income business at MSIM.
- Strong analytical skills and a desire to build out internal investment monitoring capabilities.
- Willingness to work in a more entrepreneurial environment at a manager with strong infrastructure and brand awareness looking to grow.
WHAT 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.
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Expected base pay rates for the role will be between $125,000 and $300,000 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.
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: https://www.morganstanley.com/people-opportunities/eeo.