FID, Commodities Document Negotiator - Associate

Morgan Stanley•New York, NY

1d•$100,000 - $150,000

About The Position

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 Fixed Income Division (“FID”) sits within the Institutional Securities Group (“ISG”) and is comprised of Interest Rate and Currency Products, Credit Products, Commodities, Repo, and TBAs and Distribution. Professionals in FID assess and actively manage risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. 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 instrument 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. Team Profile: The Institutional Securities Documentation team sits within FID’s Business Control Unit (“BCU”) and is a first line team comprised of Non-Market Risk (Operational Risk), Counterparty Risk, Conduct Risk and Contract Negotiations. The Institutional Securities Documentation Team covers the contract negotiation function for trading agreements for FID. We are looking for an individual in the documentation unit supporting the Commodities desks with negotiations of physical and financial master agreements and ancillary documents. As a member of the documentation unit, the team member will review and negotiate ISDA schedules, various ISDA annexes, NAESBs, EEIs, credit support annexes, bespoke physical master agreements, guaranties and ancillary documents. The candidate will work closely with business professionals across the firm, as well as with external counsel and clients. The primary objective will be to execute master agreements in an effective and efficient manor.

Requirements

JD preferred
Experience in reviewing, drafting and negotiating the ISDA Master Agreement and other trading documentation preferred
College degree required
Must have excellent verbal and written skills
Strong analytical and organizational skills
Excellent interpersonal and communication skills; the ability to clearly articulate ideas and forge strong relationships internally and with external clients
Highly motivated and adaptable; the ability to work on a team of diverse individuals
Must be mature and professional
Must be proactive and have the ability to work independently and to perform consistently and respond creatively in a high volume fast paced and changing environment
Accurate and detail-oriented with sound judgment and integrity

Nice To Haves

Experience in reviewing, drafting and negotiating the ISDA Master Agreement and other trading documentation preferred
JD preferred

Responsibilities

The timely, consistent and effective negotiation, review, and drafting of master agreements (using both English and New York law) upon request from the Business Unit to help facilitate their business.
Liaise with Credit, Risk, Legal, Sales, Operations, Tax and other internal groups to ensure that the appropriate terms are included in all agreements for the effective protection of Morgan Stanley in line with applicable policies, procedures, and regulations.
Converse with clients regarding Morgan Stanley’s position in master agreements
Keeping work in progress records up to date.
Keeping informed of business and regulatory developments as they impact on the way in which the business operates

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