IED, Equity Documentation Negotiator, Vice President

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

The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help our clients generate alpha. The Equity Financing Products department acts as a strategic partner to more than 800 top hedge fund managers: executing and clearing trades across asset classes, time zones, and currencies; providing financing and expertise to help manage risk and benefit from technology; and consults to help launch new funds and connect with them potential investors.

Background on the Team

Institutional Securities Documentation (ISD) is a global team based in several locations (including New York, London, Hong Kong and Tokyo).  The London Equity Documentation Group (LEDG) is the team within ISD which is responsible for the master trading agreements for the equity businesses of Morgan Stanley’s EMEA offices, which includes documentation for where Morgan Stanley acts as prime broker, listed derivatives and OTC client clearing broker, over-the-counter on equity swaps/options (vanilla and exotic) on global equity underlying, securities lending, cash equity trading, regulatory remediation and subsets of documentation relating to its coverage areas.  

This role will be based in the firm’s London office, where the team is principally based. 

Primary Responsibilities

Negotiate full suite of trading agreements with a client base which includes asset managers, funds, corporates, dealers, insurance companies and banks. The types of agreements covered includes, but is not limited to, ISDA master agreements, credit support annexes, agreements for securities lending prime brokerage, listed derivatives agreements, OTC client clearing, electronic trading, tri-party control agreements, master confirms and confidentiality agreements.
Review client constitutional documents to determine legal capacity and authority.  

• Review capacity and authority legal opinion from external counsel and highlight issues to Risk and Legal for approvals where applicable.  
• Present deviations to standard terms to internal stakeholders, setting out clear implications of acceptance to enable internal stakeholders to make informed decisions. 
• Handle business unit’s queries on documents covered by the team.
• Participate in global or locally led projects related to documentation requirements.
• Undertake tasks directly related to the coordination and lifecycle management of the client’s agreements and acts as the primary point of contact for the clients for all tasks originating from the EMEA region.
• Responsibility for administering and facilitating the agreement execution process; maintain and update client’s 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. 

QUALIFICATIONS

Skills required (essential)

• In-house documentation negotiation experience or paralegal experience in corporate law firm preferred;
• Excellent oral and written communication skills; be prepared to speak to clients (internal and external) at all times and a need to be comfortable with working on an open trading floor; 
• 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 Morgan Stanley franchise; 
• Willingness to work in dynamic environment and the ability to excel under pressure; 
• Proficiency and interest in technology and systems development; 
• Organized, pro-active, ability to multi-task and work efficiently, detail-oriented and self-sufficient.

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.

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