Fixed Income Division – Associate/Vice President, Document Negotiator (New York)
About The Position
The Fixed Income Division (FID) Institutional Securities Documentation team is seeking a documentation negotiator with an emphasis on ISDA and repurchase trading agreements. The position may be filled at the Associate or Vice President level, based on relevant experience. The team is part of FID’s Business Control Unit and handles contract negotiations for FID trading agreements. The role involves daily collaboration with Sales & Trading, Risk Management, Credit Risk, Legal, Operations, and other Institutional Securities Group stakeholders, as well as direct engagement with clients and their counsel. The negotiator manages an active book of client negotiations and works in a fast-paced, open trading-floor environment.
Requirements
- At least 1 year of experience negotiating trading documentation at an investment bank or law firm, with an emphasis on the ISDA Master Agreement and/or repurchase agreements.
- Demonstrated proficiency with the ISDA Agreement and/or repurchase agreements.
- Bachelor’s degree required.
- Excellent written and verbal interpersonal and communication skills.
- Highly organized, detail-oriented, and thorough.
- Ability to handle multiple tasks, prioritize, and provide transparency throughout negotiations.
- Ability to plan, organize, and deliver results within tight timeframes.
- Ability to work collaboratively on group projects and independently on individual assignments.
- Strong analytical and problem-solving skills.
- Mature and professional.
- Comfort working in a fast-paced, open trading-floor environment.
Nice To Haves
- Law degree preferred.
Responsibilities
- Draft and negotiate legal trading documentation, including master agreements, credit support documents, amendments, and ancillary documents, across a broad spectrum of financial products.
- Focus on ISDA Master Agreements and associated documents, and repurchase agreements, including documentation required for mandated sponsored clearing.
- Serve as the point person for an active book of client negotiations, interacting daily with internal stakeholders, clients, and outside counsel.
- Liaise with Sales & Trading, Credit Risk, Risk Management, Legal, Operations, and other internal stakeholders regarding documentation terms, escalations, and prioritization.
- Understand and strictly adhere to established policies and procedures.
Benefits
- Morgan Stanley-sponsored benefit programs; the posting describes these as attractive and comprehensive employee benefits and perks.
- Depending on the position, total compensation may include commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
