On-desk Transaction Manager - Fixed Income Division - Associate or Vice President
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. The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading. Morgan Stanley is seeking a full-time front office/on-desk Transaction Manager to join its Structured Notes business that sits 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 and coordinating the interface across all internal and external counterparts. The candidate will preferably have prior legal experience with Structured Notes (including CLNs) and/or SPV (repacks). The role will ideally leverage prior legal experience to impact growth and 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
Responsibilities
- Transaction Management - manage structured notes trade lifecycle (approvals, legal documentation, marketing materials, hedge documentation, settlement, lifecycle events)
- Central Trade Contact - 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 establishment and maintenance of business-related procedures/ policies and socialize best practices
- Streamline Business - streamline processes and create efficiencies (e.g document and optimize procedures, streamline approvals process, develop template documentation).
- Cost Reduction - lead cost reduction initiatives across the business
- Business Metrics / Trade Reporting - maintain and present business metrics / report trades on behalf of business
- Automation - initiate and oversee automation solutions to create business efficiencies
- Governance / Regulatory 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 regulatory environment; present business / coordinating response to requests from various internal and external oversight entities
- New Products 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 lead on determining legal feasibility, non-market risk and cost analysis of new product implementation participate / manage new products approval process
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Ph.D. or professional degree
Number of Employees
5,001-10,000 employees
