Non-Market Risk Manager/Document Negotiator

Morgan Stanley • New York, NY

86d • $120,000 - $200,000

About The Position

The current opening is within IED Risk Management, with the responsibilities listed below. Significant training will be provided as needed. IED Risk Management is a global team that is part of the Institutional Equity Division. The group is responsible for managing the full spectrum of legal, regulatory, credit, operational and other non-market risks associated with the Firm's activities in equity products. The current opening is for a professional within the New York-based team with responsibility for covering swaps and derivatives.

Requirements

• Strong academic credentials and work experience at broker/dealer, buyside firm and/or law firm. Experience with OTC derivatives and ISDA documentation helpful but not necessary.
• Bachelor’s Degree required; JD preferred
• Excellent oral and written communication skills. Willingness and ability to deal with the Firm's clients and to promote and enhance the Morgan Stanley franchise.
• Solid quantitative skills and strong interest in business, economics and the law.
• Willingness to work in dynamic trading floor environment.
• Organized, detail-oriented and self-sufficient.
• Goal oriented and a team player.

Responsibilities

• Create and approve new product templates and bespoke language for OTC swaps and derivatives to be utilized by global documentation and operations teams
• Prepare and negotiate ISDA-based master confirmations, portfolio swap agreements and bespoke confirmations for complex derivative products with institutional clients (including hedge funds, mutual funds, insurance companies, ERISA plans, endowments and broker-dealers)
• Advise sales and trading desks of the key risks in trade documentation and assist in documentation training for sales, trading and operations
• Develop and enforce negotiation policies for trade documentation
• Represent IED in various industry working groups and other forums formed to discuss regulatory changes impacting swaps and derivatives and to develop new documentation
• Participate in internal meetings and working groups to advise and discuss new products and processes relevant to the IED swaps and derivatives businesses
• Develop and integrate compliance requirements of new rules and regulations under Dodd-Frank, EMIR and Basel III, working closely with legal, compliance, sales and trading, technology operations and other risk groups

Benefits

• Comprehensive employee benefits and perks
• Opportunities for career advancement within the company
• Support for employees and their families at every point along their work-life journey

What This Job Offers

• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees