About the Role
Morgan Stanley's Global Capital Markets (GCM) division seeks a Senior Associate for the Leveraged Finance Coverage/Origination team in New York. This role involves assisting with underwriting, marketing, and execution of transactions, preparing marketing materials, and performing financial analysis to support clients in financing their LBOs, M&A, share repurchases, and debt refinancing.
Responsibilities
- Assisting with underwriting, marketing, and execution of transactions
- Preparation of marketing pitches, review and formulation of financial analysis, client presentations, and deal underwriting memos
- Assist colleagues in all aspects of deal execution processes for leveraged loan, high yield bond and private credit transactions including investor outreach, roadshow scheduling, investor feedback tracking, data room maintenance, and primary deal allocations
Requirements
- Extraordinarily high level of motivation, attention to detail, strong work ethic, and decision-making abilities
- History of taking ownership over processes, delivering strong outcomes on projects and deliverables
- Excellent written and verbal communication skills and a positive attitude
- Strong interest in and understanding of Capital Markets and Investment Banking
- Analytical, quantitative, adaptive, hungry, a self-starter, a leader, a team player, a multitasker, and a results-oriented individual
- High proficiency in Excel, Word and PowerPoint
- Commercial instinct and ability to perform under pressure and tight deadlines
- Interest in developing a career in Global Capital Markets
- 2+ years of Leveraged Finance or Investment Banking experience as an Analyst and/or Associate, or relevant post-MBA experience
- Series licensing or must obtain (SIE, S79, S7, S63)
Skills
- Excel
- Word
- PowerPoint
Location
- New York
Work Type
- Full-time
Experience Level
- Senior Associate
- 2+ years
Education Level
- Bachelor’s degree
- MBA, CA, and/or CFA designation is an asset
Salary/Compensations
- $150,000 - $225,000 per year
Benefits
- Attractive and comprehensive employee benefits and perks
- Ample opportunity to move about the business
About the Company
- Morgan Stanley's Global Capital Markets (GCM) division responds to client capital needs with market judgment and ingenuity, integrating expertise from Sales and Trading and Investment Banking to offer seamless advice and sophisticated solutions.
- GCM originates, structures, and executes public and private placements of equities, debt, and related products, providing innovative ideas and broad distribution.
- The Leveraged Finance (LevFin) group within GCM advises financial sponsors and non-investment grade issuers on financing, capital structure, underwriting, and execution.
- LevFin offers a mix of products including HY bonds, leveraged loans, and private credit to facilitate LBOs, M&A, share repurchases, debt refinancing, and provide working capital.
- Morgan Stanley values include putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back.
- The company supports employees and their families with comprehensive benefits and offers opportunities for career growth.
Equal Opportunity
- Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.
- Recruiting efforts reflect a strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
- The workforce reflects a broad cross-section of global communities, bringing a variety of backgrounds, talents, perspectives, and experiences.
