NY Equity Documentation(ISDA),Vice President, Institutional Equity Division

PowerToFly; Mumbai; On-site; INR 3,000,000 - 6,000,000; Full time

Benefits offered by this job

Employee benefits

Job summary

Morgan Stanley’s Institutional Equity Division in Mumbai is seeking a Vice President to support the NY Equity Documentation Group. The role focuses on documentation for OTC derivatives, prime brokerage, and stock-lending in the NY region, with a global ISD footprint and risk oversight.

You will oversee a team of lawyers, coordinate with stakeholders, and drive execution of master agreements. The ideal candidate is a law graduate with 13+ years in financing/derivatives, strong English

Qualifications

• Law graduate with 13+ years of experience in financing/derivatives is preferred.
• Experience in team management will be preferred.
• In-house documentation negotiation experience or paralegal experience in corporate law firm is preferred.
• Excellent oral and written communication skills. Prepared to speak to clients (internal and external).
• Proficiency in English is a must. Good team player with potential to lead a team.

Responsibilities

• Lead the team of lawyers on the ground and coordinate with stakeholders on team dynamics, work management and allocations.
• Draft, negotiate and execute master derivatives agreements including ISDA, VM CSA, IM CSA, equity swaps/options and prime brokerage documentation.
• Review client constitutional documents to establish capacity and authority for derivative transactions.
• Analyze external counsel opinions and highlight issues for approvals where applicable.
• Collaborate with internal stakeholders to obtain approvals on deviated terms and enable informed decisions.
• Manage client agreements lifecycle and act as primary contact for NY region tasks.

Skills

Leadership

Communication

English Proficiency

Quantitative skills

Education

Law degree

Job description

NY Equity Documentation Group , Vice President, Institutional Equity Division

This role is in Mumbai and requires working with the NY Equity Documentation Group based in New York. The role will require a fast-learning, dynamic, pro-active, and self-motivated person to assist the team in its day-to-day activities.

The current opening is for a professional within the NY team based in Mumbai, with responsibility for documentation aspects of OTC derivative transactions, prime brokerage, cash and stock-lending transactions in the NY region.

Institutional Securities Documentation (ISD) is a global team based in several locations (including New York, London, Hong Kong, and Tokyo). The NY equity documentation group is part of global ISD and is comprised of a group of negotiators with legal backgrounds (i.e. practicing lawyers in HK/UK/NY; and/or as holders of law degrees/master’s in law). Within the NY IED we are part of the risk function and we support the equity businesses and handle documentation for prime brokerage and listed derivatives, over-the-counter on equity swaps/options (vanilla and exotic) on global equity underlying, stock-lending, warrants issuance, cash trading, equity research, regulatory remediation and subsets of documentation relating to our coverage areas.

From global institutions to hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instrument in all the world's financial markets. Morgan Stanley professionals use our network and technology to provide liquidity and sophisticated analysis, to manage risk and execute reliably in the fast-changing markets.

Morgan Stanley's Institutional Equity Division (IED) is a world leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. Our broad and deep client relationships, market-leading platform and intellectual insights enable us to be a world-class service provider to our clients for their financing, market access and portfolio management needs.

Global Markets Group is the offshoring arm of Morgan Stanley's Sales & Trading businesses in India. It covers functions across IED, associated to sales, trading, analytics, strats, risk management and documentation.

What you'll do in the role:

• Manage the team of lawyers on the ground, co-ordinate with stakeholder on team dynamics, work management and allocations. Grooming/ training of team


• Draft, negotiate and execute (including amendments to) master derivatives agreements, including but not limited to ISDA, VM CSA, IM CSA, equity swaps /options and prime brokerage related documentation.


• Review and analyze constitutional documents of the client, to establish their capacity and authority capabilities for entering derivative transactions with Morgan Stanley.


• Review and analyze capacity and authority legal opinion from external counsel and highlight issues to Risk and Legal for approvals where applicable.


• Work closely with MS internal stakeholders, to obtain approvals on deviated terms identified in negotiable agreements, with clear implication on deviated terms to enable internal stakeholders to make informed decisions.


• Handle business unit's queries on the terms of documentation ISD handles.


• Participate in globally or locally led projects related to documentation requirements.


• Undertake tasks directly related to the coordination and lifecycle management of the clients' agreements and act as the primary point of contact for the clients for all tasks originating from the NY region.


• Responsible for administering and facilitating the agreement execution process; maintain and update clients' contract database/systems; attend to day-to-day coordination among internal procurement and legal teams with respect to such contracts; and perform due diligence to ensure contract terms and conditions as well as information of the parties is reflected in the clients' contract database/systems.

What you'll bring to the role:

• Law graduate with relevant 13+ years of experience in financing/derivatives is preferred.


• Experience in team management will be preferred.


• In-house documentation negotiation experience or paralegal experience in corporate law firm is preferred.


• Excellent oral and written communication skills. Prepared to speak to clients (internal and external) at all times.


• Proficiency in English is a must. Good team player with potential to lead a team.


• Solid quantitative skills and strong interest in business, economics, and law.


• Willingness and ability to provide quality service to the Firm's clients and to promote and enhance the Firm franchise.


• Willingness to work in dynamic environment and the ability to excel under pressure.


• Proficiency and interest in technology and systems development.


• Organized, pro-active, ability to multi-task and work efficiently, detail-oriented, and self-sufficient.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

• 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.