Firm Risk Management:

Firm Risk Management (FRM) supports Morgan Stanley to achieve its business goals by partnering with business units across the Firm to realize efficient risk-adjusted returns, acting as a strategic advisor to the Board and protecting the Firm from exposure to losses as a result of credit, market, liquidity, model and other risks.

Background on the Position:

Fixed Income Secured Lending (FSL) Real Estate Valuation Analysis team in Credit Risk is looking to hire an experienced valuation expert. The primary responsibility for this individual is to independent valuation due diligence and ongoing monitoring of real estate pledged as collateral for secured lending and portfolio financing transactions.

The FSL valuation team provides an independent view on the real estate backing the collateral loans through conducting market research, review of valuations provided as part of collateral loan pledges, and monitoring real estate markets. The underlying properties securing the collateral loans may be commercial real estate (all property types), data centers and residential real estate globally.

Responsibilities include:

• Own and administer the collateral appraisal review process, providing independent opinions on the reliability and reasonableness of third-party appraisals and valuation assumptions.
• Ensure collateral loan appraisals comply with USPAP, FIRREA, and internal Firm policies.
• Perform valuation due diligence and ongoing monitoring for real estate pledged as collateral in secured lending and portfolio financing transactions.
• Identify, assess, and articulate valuation risks, market considerations, and key assumptions, and provide clear recommendations to senior Credit Risk stakeholders, including the Global Head of Credit Risk.
• Serve as a subject-matter expert on real estate valuation trends and market conditions, with a focus on U.S. and EMEA markets.
• Develop and enhance processes, controls, and analytical tools to improve efficiency, consistency, and risk coverage across the valuation review lifecycle.
• Manage and oversee external appraisal and valuation vendors, including engagement scope, quality review, and issue resolution.
• Partner with underwriting and risk teams to support timely credit decision-making and complete underwriting reviews. -5-8+ years of real estate valuation experience in at least one of the following: commercial real estate, data centers or residential real estate
• Experience with valuations and markets in the US
• Excellent written and verbal communication skills
• Excellent time-management skills
• State Certified General Real Estate Appraiser license preferred.
• MAI - AI-GRS - RICS certifications preferred
• Experience/knowledge of Western European and Asian (specifically Australia) markets is beneficial but not requiredWHAT 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. To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.Expected base pay rates for the role will be between $120,000 and $205,000 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's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).