Executive Director & Credit Analyst, Floating Rate Loans

About the role

The Bank Loan Strategies Team is a pioneer in the floating-rate corporate loan market, investing in U.S. and European senior loans and CLO debt tranches. The team applies a rigorous credit analysis approach and a risk-focused investment process to achieve outstanding long-term investment performance.

Responsibilities

• Perform fundamental credit analysis of companies issuing broadly syndicated floating-rate loans.
• Evaluate credit risk across quantitative, qualitative, structural, and relative value factors.
• Build, maintain, and update detailed financial models with a focus on cash flow and valuation.
• Prepare and present written credit investment memos and recommendations for new investments, stressed situations, and secondary opportunities.
• Track issuer performance against underwriting expectations, monitor credit quality and portfolio exposures on an ongoing basis, and produce periodic updates.
• Alert portfolio managers to emerging risks and opportunities.
• Analyze loan documentation and credit agreements (covenants, collateral structure, intercreditor terms, lien priority, security packages) to assess structural protections under different scenarios.
• Engage with management teams, private equity sponsors, debt-advisors, industry contacts, sell side desks, and other stakeholders as necessary to perform due diligence, market / industry research, and source new loan investment opportunities.
• Collaborate with portfolio managers, traders, and senior investment professionals to communicate credit views, discuss investment ideas, and coordinate relative-value analysis across sectors and instruments.

Requirements

• 5–10 years of direct experience analyzing leveraged loans, syndicated credits, high-yield or leveraged finance transactions.
• Strong financial modeling skills, including building and maintaining cash flow models, valuation models, and stress testing.
• A deep understanding of financial statements, accounting principles, credit metrics, and ability to interpret qualitative factors such as industry dynamics, business strategy, and management strength.
• Strong written and verbal communication skills—capable of preparing credit memos, investment recommendations, and presenting to investment committees and senior stakeholders.
• Prior experience with portfolio monitoring, relative-value analysis, and trading desk collaboration.
• Familiarity with regulatory, compliance, and risk-management frameworks applicable to leveraged credit investments.
• Ability to work independently, manage multiple assignments and deadlines, and adapt to a dynamic market environment.
• Attention to detail, critical thinking, and sound judgment.
• Proficiency in Microsoft Excel, Bloomberg, and/or other credit research tools.
• Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
• Advanced degree (e.g., MBA) or relevant certification (e.g., CFA) is a plus.

Who You Are

• Operates with a strong sense of ethics and integrity in your interactions with others and decision making.
• Takes accountability and ownership in your work with a focus on long-term value creation.
• Tracks record of fostering a culture of honesty, transparency, and accountability within teams.
• Proven ability to collaborate across teams to deliver optimal solutions for clients.
• Passion for innovation, with a continuous improvement mindset to drive excellence.
• Respect for individual differences, with an openness to diverse perspectives.
• Engagement in community service, volunteering, or corporate citizenship initiatives.
• Commitment to mentoring and supporting professional growth of others.

What You Can Expect From Morgan Stanley

• Raised, managed, and allocated capital for clients – helping them reach their goals.
• Differentiated approach to decision making and operations.
• Supportive and empowering environment for employees.
• Opportunity to work alongside the best and the brightest in a diverse workforce.
• Comprehensive employee benefits and perks.
• Opportunity to move about the business for those who show passion and grit in their work.
• 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.
• Workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.