Morgan Stanley Hiring for Analyst – Home Loan Services (Operations) at Bengaluru, India Full Time

Company Profile

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm’s employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.

As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career – a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.

Department Profile

Operations is one of the largest divisions in the firm and has diverse responsibilities, including correctly settling and recording millions of transactions per day, identifying and mitigating all operational risks, developing strong client relationships and partnering with technology to realize the full potential of IT and e-solutions. Throughout, the Operations department continually seeks ways to improve while actively supporting the development of new businesses, structures and markets.

Wealth Management Operations
Global Wealth Management Operations provides brokerage, investment and financial services to hundreds of thousands of individual investors. We apply our expertise in serving institutional clients to create new opportunities for people to achieve their personal financial goals. Morgan Stanley has one of the largest retail brokerage networks, with numerous worldwide representatives and retail locations. Our services are tailored to each client’s investment objectives, risk tolerance, and financial needs. Products include mutual funds, stocks, bonds, and alternative investments where appropriate, as well as banking, mortgages, insurance and annuities.

We are seeking an experienced Conditions Clearing Team member in our Home Loans Support Team. Primary responsibilities include working with the Home Loans Loan Processors and 3rd party vendors to clear or remediate outstanding underwriting conditions. Update Loan Processors with ongoing status updates and what is needed to clear conditions. Update and track a pipeline to address new documentation from the Loan Processors and clear conditions in an expedited fashion.

Position based: Bangalore

Primary Responsibilities

Daily manage a pipeline of underwriting conditions and their statuses

Review 3rd party documentation and render a decision to either clear or remediate the condition

Review and leverage Morgan Stanley?s Residential Credit & Underwriting Non-Conforming Guide for decision-making

Work with Loan Processors, Regional Managers and our Orderouts Team for remediating outstanding conditions

Document all actions taken within Morgan Stanley?s Loan Operating System

Skills required (essential)

Minimum 1 year retail mortgage experience

High energy and enthusiastic individuals

Strong organizational, problem resolution and communication skills

Excellent verbal, written, and interpersonal communication skills

Strong analytical skills with high attention to detail and accuracy

Ability to execute in a fast paced, high demand, environment while balancing multiple priorities

Ability to build effective business partnerships with all levels of team members

Advanced Microsoft Office skills.

Skills Desired

2 Underwriting experience

“Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents.”

Job: *Other

Title: Analyst – Home Loan Services (Operations)

Location: Non-Japan Asia-India-Karnataka-Bengaluru

Requisition ID: 3225405