Group Description
MSIM’s legal team works closely with our business partners to provide well-reasoned, concise legal, regulatory, and strategic advice on current, proposed or anticipated business activities of MSIM across its equities, fixed income & liquidity, alternative investments and solutions & multi-assets businesses to execute business objectives while managing legal, regulatory and franchise risks. MSIM lawyers are proud of their reputation as problem solvers who collaborate across areas and regions to deliver powerful results.
Position Summary
You will be part of the MSIM legal team, reporting to the Head of Solutions and Multi-Assets Legal and working under the supervision of senior attorneys. You will be responsible for providing legal coverage to the MSIM Solutions and Multi-Assets businesses across a range of strategies and products, including separate accounts, private funds, 1940 Act registered funds and ETFs. You may also advise MSIM businesses on trading agreements and related regulatory obligations. MSIM’s business is constantly evolving and as a global firm Morgan Stanley continues to focus on delivering investment products and solutions to our clients, so you will have opportunities to collaborate with legal teams covering MSIM’s Public and Private Side businesses and Morgan Stanley’s other divisions, such as wealth management and institutional securities. As such, you must be interested in and able to develop an expertise in new coverage areas. Specific responsibilities include:
- Working closely with business partners to support MSIM products, clients, and initiatives, including:
- Providing day-to-day advice and counsel to portfolio management, product development/management and sales teams
- Reviewing and preparing offering materials and other fund documentation
- Supporting sales teams in connection with third-party distribution
- Assisting business units in development of new products
- Advising on marketing materials
- Reviewing and negotiating a wide range of contracts, including investment management agreements, distribution-related agreements, services agreements and trading agreements
- Advising the business on regulatory developments and changes in legal requirements; assisting with responses to regulatory inquiries
- Collaborating with other attorneys within Morgan Stanley's Legal and Compliance Division on a wide range of legal matters related to the investment management industry
Requirements
You thrive on working in a fast-paced, global business that demands creativity, excellence, and adaptability, and requires attention to detail, strong time management and organizational skills, and a logical/analytical approach.You think critically, spot issues, and exercise good judgment.You enjoy working in a team environment but are also able to work independently.Other specific requirements include:
- A J.D. from a nationally recognized law school with bar admission and at least 4 years of professional working experience at a reputable law firm or asset-manager
- Deep understanding of the external regulatory environments and trends relevant to asset management, including matters arising under the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Bank Holding Company Act of 1956, the Securities Act of 1933, the Commodity Exchange Act, Regulation D, ERISA, AIFMD, FINRA and NFA rules
- Experience with swaps, futures, options and/or OTC derivative transactions, and associated legal agreements and regulatory obligations
- Demonstrated experience drafting and reviewing a range of complex agreements, including investment management agreements, private and/or public fund documents and trading agreements
- Experience engaging and overseeing external counsel as necessary
Location
- This position can be in New York, NY or Boston, MA
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.
Expected base pay rates for the role will be between $120,000 and $205,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
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.
