ED, Fixed Income and Securitization Attorney

In-House Legal Coverage Position for Fixed Income Sales & Trading/Securitization and Secured Lending Coverage Attorney

Morgan Stanley is seeking an in-house attorney to support senior legal coverage to the securitization and secured lending businesses within its Fixed Income Division's securitized products group (SPG) and its Securitized Capital Markets Group (SPCM). Coverage would be both for SPG and SPCM's new issue securitization businesses and related secondary sales and trading activities. This coverage spans SPG's securitized asset classes (e.g., CLOs, CMBS, RMBS and ABS), underwriting activity for third party issuers, as well as through the Morgan Stanley shelf, and maintenance of the Morgan Stanley shelf registration statement.

Responsibilities will include:

• Advising on securitization transactions across SPG's asset classes, working closely with outside counsel and internal legal and compliance professionals
• Analyzing and providing legal advice to a cross-functional team of bankers, underwriting teams and syndicate members, in addition to operations, accounting and other support areas, including among other things, risk retention and execution issues
• Providing advice to sales and trading professionals regarding secondary market SPG trading issues, such as public/private information matters and the whole loan trading of residential mortgages
• Advising the business on legal matters relating to governance, compliance with relevant securities and banking laws and regulations, and operations, such as Firm policies and procedures, products and services and disclosures related to individual deals and ongoing initiatives
• Advising on a variety of cross-divisional initiatives, primarily involving Wealth and Investment Management

Qualifications:

• 6-8 years of experience as a practicing attorney in securitizations (registered, 144A/Reg S and private) or structured finance, with a strong understanding of applicable securities laws.
• Ability to work collaboratively and independently in a fast-paced environment on multiple projects; ability to think strategically and analyze and evaluate potential risks and mitigation alternatives from a legal, regulatory and franchise perspective.
• Experience with banking and securities regulations, including familiarity with Reg AB II and US and European risk retention regulations as well as familiarity with applicable Basel capital rules.

Salary and level will be competitive and level scaled to experience.

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 $165,000 and $275,000 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.