Senior Manager
Morgan Stanley
Administration
Garden City, NY, USA
NY Equity Documentation Group , Senior Manager, Institutional Equity Division
This role is in Mumbai and requires working with the NY Equity Documentation Group based in New York. The role will require a fast-learning, dynamic, pro-active, and self-motivated person to assist the team in its day-to-day activities.
The current opening is for a professional within the NY team based in Mumbai, with responsibility for documentation aspects of OTC derivative transactions, prime brokerage, cash and stock-lending transactions in the NY region.
The NY equity documentation group is part of global ISD and is comprised of a group of negotiators with legal backgrounds (i.e. practicing lawyers in HK/UK/NY; and/or as holders of law degrees/master’s in law). Within the NY IED we are part of the risk function and we support the equity businesses and handle documentation for prime brokerage and listed derivatives, over the counter on equity swaps/options (vanilla and exotic) on global equity underlying, stock-lending, warrants issuance, cash trading, equity research, regulatory remediation and subsets of documentation relating to our coverage areas.
Global Capital Markets: In the Global Capital Markets division, we offer Global expertise in market analysis and in advisory and capital-raising services for corporations, institutions, and governments.
The Global Markets Group (GMG) is Morgan Stanley’s offshore arm for Sales & Trading in India. GMG supports the IED platform by partnering with onshore teams across Sales, Trading, Structuring, Quantitative/Strats, Analytics, Operations and Risk Management. The group provides scalable coverage, process excellence and technical expertise, enabling global desks to focus on client-facing priorities while maintaining strong controls, governance and risk discipline.
Since 1935, Morgan Stanley is known as a global leader in financial services, continuously evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
What you'll do in the role:
Manage the team of lawyers on the ground, co-ordinate with stakeholder on team dynamics, work management and allocations. Grooming/ training of team
Draft, negotiate and execute (including amendments) wide range of master agreements and related documents – including but not limited to ISDA Master Agreements, VM and IM CSAs, confirmations agreements for equity swaps /options, GMSLAs, NDAs, clearing addendums, triparty arrangements, and prime brokerage agreements.
Review and analyze constitutional documents of the client, to establish their capacity and authority capabilities for entering derivative transactions with Morgan Stanley.
Review and analyze capacity, authority and netting legal opinions from external counsel and highlight issues to Risk and Legal for approvals where applicable.
Work closely with MS internal stakeholders, to obtain approvals on deviated terms identified in negotiable agreements, with clear implication on deviated terms to enable internal stakeholders to make informed decisions.
Handle business unit’s queries on the terms of documentation ISD handles.
Participate in globally or locally led projects related to documentation requirements.
Undertake tasks directly related to the coordination and lifecycle management of the clients’ agreements and act as the primary point of contact for the clients for all tasks originating from the NY region.
Responsible for administering and facilitating the agreement execution process; maintain and update clients’ contract database/systems; attend to day-to-day coordination among internal procurement and legal teams with respect to such contracts; and perform due diligence to ensure contract terms and conditions as well as information of the parties is reflected in the client’s contract database/systems.
What you'll bring to the role:
Law graduate with relevant 7-11 years of experience in financing/derivatives is preferred. -
Experience in team management will be preferred.
In-house documentation negotiation experience or paralegal experience in corporate law firm is preferred.
Excellent oral and written communication skills. Prepared to speak to clients (internal and external) at all times.
Proficiency in English is a must and German is desirable.
Good team player with potential to lead a team.
Solid quantitative skills and strong interest in business, economics, and law.
Willingness and ability to provide quality service to the Firm's clients and to promote and enhance the Firm franchise.
Willingness to work in dynamic environment and the ability to excel under pressure.
Proficiency and interest in technology and systems development.
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.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.