On-desk Transaction Manager - Fixed Income Division - Associate or Vice President

Morgan Stanley • New York, NY

68d • $150,000 - $250,000 • Onsite

About The Position

Morgan Stanley is seeking a full-time front office/on-desk Transaction Manager to join its Structured Notes business within the Fixed Income Division, based in New York City. The candidate will act as a deal execution specialist, managing the front-to-back fixed income Structured Note and SPV origination and distribution process. This role involves coordinating the interface across all internal and external counterparts and will preferably leverage prior legal experience to impact growth, business capabilities, and create efficiencies in non-trading capacities.

Requirements

• Law degree (preferred)
• Knowledge of structured notes / SPVS repacks, products and programs preferred
• Strong communication skills and ability to work under pressure
• Ability to work on multiple transactions with excellent attention to detail
• Solid understanding of securities laws in the US
• A balance of legal and commercial skills

Nice To Haves

• Prior legal experience with Structured Notes (including CLNs) and/or SPV (repacks) is preferred.

Responsibilities

• Manage structured notes trade lifecycle (approvals, legal documentation, marketing materials, hedge documentation, settlement, lifecycle events).
• Act as the key business partner accountable for collaboration across front office (treasury, sales, trading, structuring) and support functions (operations, controllers, legal, compliance, risk, tax, audit) to optimize, monitor, and govern the business.
• Collaborate on the establishment and maintenance of business-related procedures/policies and socialize best practices.
• Streamline processes and create efficiencies (e.g., document and optimize procedures, streamline approvals process, develop template documentation).
• Lead cost reduction initiatives across the business.
• Maintain and present business metrics / report trades on behalf of the business.
• Initiate and oversee automation solutions to create business efficiencies.
• Be a key member of related BU specific committees, playing a major role in governance, policy formation and formulation of firm positions/decision making in response to the regulatory environment; present business / coordinate response to requests from various internal and external oversight entities.
• Leverage legal expertise and contacts to collaborate with traders/sales/structuring to develop new products and create customized solutions to meet specific client needs.
• Take the lead on determining legal feasibility, non-market risk, and cost analysis of new product implementation.
• Participate in / manage the new products approval process.

Benefits

• Comprehensive employee benefits and perks in the industry
• Opportunity to work alongside the best and the brightest in an environment where you are supported and empowered
• Ample opportunity to move about the business for those who show passion and grit in their work

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree