Derivatives Documentation Specialist
Division: MSIM
Job Title: ISDA Negotiator
Location: Mumbai
Job Level: Contractor
C o m p an y P r o file
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
Morgan Stanley Investment Management (MSIM) is one of the largest global asset management organizations of any full service securities firm, with 45 offices serving clients in 19 countries. MSIM’s professionals worldwide provide outstanding long-term investment performance. We offer clients a diverse array of equity, fixed income, liquidity and alternative investments, including merchant banking strategies.
Team Profile
This role sits within a business function of MSIM (the Office of the Chief Operating Officer). The responsibilities of the team are broad and include derivatives business management and documentation, governance and conflicts management, in addition to business management and documentation relating to the separately managed account business. Team-members are responsible for documentation, negotiation and project-management matters, and are the personnel in the first-line responsible for designing and implementing solutions to manage legal and other risks for supported business areas.
Primary Responsibilities
The ISDA Negotiator’s primary role will be to draft and negotiate trading and clearing documentation relating to a full spectrum of derivatives, including equity, fixed income and commodity products, foreign exchange products, futures, repo/reverse repo and agency mortgage backed-securities. The ISDA Negotiator will also be responsible for project managing the workload and providing status updates to relevant stakeholders, as well as to maintain/develop relationships with key counterparty dealers and brokers. This is a dynamic position with broad responsibilities, ideal for a motivated, self-starting professional willing to dive into a number of new and challenging assignments.
The role will include the following:
- Negotiate and draft ISDAs and other derivatives agreements
- Handle amendments and negotiations with minimal supervision
- Ensure timely execution of all documents
- Draft templates of ISDAs and other derivatives agreements
- Liaise with derivatives operations and other internal teams to coordinate group’s work
- Prepare and distribute team global status reports
- Maintain relationships with key counterparty dealers and brokers
- Maintaining databases of contacts and agreements with respect to segregated managed accounts, funds and counterparty dealers and brokers
- Design, scope and manage various projects that arise from time to time
S k ills re q uir e d
- Have significant experience in the drafting and negotiation of derivatives documentation in a derivatives documentation unit of a major bank or large asset manager;
- be proficient in understanding of the ISDA master agreement and other related agreements and frameworks (e.g. clearing and repo);
- Have excellent oral and written communication skills and organizational and problem solving skills, attention to detail, excellent references, maturity, judgment and poise;
- have the ability and desire to take on and effectively prioritize multiple projects. The candidate must be a self-starter while still working collaboratively on a global basis and know when to escalate issues;
- be proficient in Word and Excel;
- be able to manage in a fast paced environment while meeting strict deadlines;
- Have prior experience as a paralegal at a law firm or large in-house legal department, or in a corporate finance / hedge fund/ asset management setting (helpful but not required).
WHAT YOU CAN EXPECT FROM MORGAN STANLEY:
At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.
To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.
Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.
Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.
For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo .
