The Institutional Equities Division is a global leader in the origination, distribution and trading of equity, equity-linked securities, and equity-derivatives. From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.
Business Control Unit (“BCU”) is a first line team within the Institutional Equities Division which covers a number of risk areas, including Non-Market Risk (Operational Risk), Counterparty Risk, Conduct Risk and Contract Negotiations.
The BCU Institutional Securities Documentation Team covers the contract negotiation function for trading agreements for the equities division, including OTC and exchange traded derivatives, clearing and prime brokerage business, and is currently looking for an equities documentation negotiator with a focus on institutional clients of the Institutional Equities Division. The role involves collaborating with various areas of the Firm, interacting with external clients, and negotiating different types of documentation.
About Morgan Stanley
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services.
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. We 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.
What will you be doing?
- Identifying necessary documentation for the clients to trade securities or OTC and exchange traded derivatives and perform related due diligence scans.
- Drafting and negotiating legal documentation (included master agreements, amendments, and ancillary documents such as prime brokerage agreements, listed and OTC derivatives clearing agreements, ISDA, MCAs, GMSLA, ACAs etc)
- Handling client negotiations and any related projects to ensure timely execution and completion.
- Liaising with internal stakeholders in Credit, Risk Management, Legal and Sales to negotiate contractual terms and respond to internal and external questions
- Understanding and adhering to established procedures.
- Communicating with clients and external counsel.
- Keeping abreast of market developments and sharing updates with internal stakeholders
- Updating internal spreadsheets and systems with document or status data
What we’re looking for:
- Prior experience in a law firm or the financial industry negotiating trading agreements. Preferably employed by or seconded to a bank in a documentation /business support role.
- Strong demonstrable experience in having negotiated prime brokerage or clearing legal documents.
- Education Level: Degree in law / business administration degree or equivalent
- Excellent written and oral communication skills, strong analytical and problem-solving skills, excellent people skills (this individual will interface with a variety of people with different skills and seniority levels), general comfort with Technology (particularly Microsoft Word and Excel); a quick learner - including learning internal computer systems, ability to set, track, achieve and report on short/long term goals and projects
- Essential Characteristics: Organised, detail-oriented, self-starter (highly proactive), comfortable interacting with junior and senior colleagues, commercial, willing to assist / teach other members of the team, ability to work collaboratively on group projects and independently on individual assignments
- Languages: French, Spanish, Italian or German would be useful, but not essential
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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.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Certified Persons Regulatory Requirements:
If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks.
Flexible work statement
Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize 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.
