Morgan Stanley

On-desk Transaction Manager - Fixed Income Division - Associate or Vice President

Morgan Stanley$150K — $250K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Law degree preferred
  • Familiarity with structured notes and SPVs
  • Strong communication skills under pressure
  • Ability to manage multiple transactions with attention to detail
  • Understanding of US securities laws
  • Combination of legal and commercial expertise

Responsibilities

  • Manage the structured notes trade lifecycle including documentation and settlement
  • Serve as a key contact across front office and support functions
  • Establish and maintain business procedures and best practices
  • Streamline processes for efficiency and documentation
  • Lead initiatives for cost reduction across the business
  • Maintain and present business metrics and trade reports
  • Oversee automation solutions for operational efficiencies
  • Contribute to governance and regulatory policy formation

Benefits

  • Comprehensive health benefits
  • Retirement plan and employee stock purchase options
  • Access to professional development resources
  • Flexible work arrangements where applicable
  • Opportunity to work in a collaborative, dynamic environment
Full Job Description
Role Description

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.

Primary 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


Skills required
  • 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


Expected base pay rates for the role will be between $150,000 and $200,000 per year at the commencement of employment for Associate and between $160,000 and $250,000 per year at the commencement of employment for Vice President. 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.

About Morgan Stanley

Morgan Stanley Investment Management are active managers of capital, working to outperform the market and deliver results for their clients. Morgan Stanley Investment Management's long-tenured professionals apply their experience and expertise across public and private markets, in single-sector, multi-asset and custom solutions.

Morgan Stanley Careers

Joining Morgan Stanley today means becoming part of a global team dedicated to strengthening communities, pioneering innovation, and fostering diversity. As a leading global financial services firm, Morgan Stanley offers unparalleled job opportunities, career growth, and a culture of leadership that together create an exceptional employment experience. Work You’ll Do At Morgan Stanley, you will collaborate with knowledgeable professionals to drive innovation and deliver solutions in financial services. Our team is composed of diverse, talented individuals who bring their unique skills and perspectives to work every day, setting the standard for leadership in the global market. Morgan Stanley is not just a company; it's a place where ambitious, creative, and skilled individuals can build a rewarding career. Here, you can experience the benefits of a vibrant culture dedicated to professional growth and diversity training. Internship Programs Kickstart your career with Morgan Stanley’s internship programs. These positions offer invaluable industry insights and professional experience to students and recent graduates. Interns at Morgan Stanley gain hands-on experience, working alongside seasoned experts in a dynamic, supportive environment. Innovation and Professional Growth We believe in the power of innovation to solve complex problems and encourage our team to think differently and act boldly. Morgan Stanley supports your career development through comprehensive training, development programs, and leadership workshops, ensuring that every employee has the tools they need to succeed. Join Our Team Explore the various job opportunities at Morgan Stanley, from entry-level positions to executive roles. We are hiring individuals who are passionate about finance and eager to contribute to a team that values integrity, excellence, and a forward-thinking mindset. Enhance your skills through our networking events, mentorship opportunities, and ongoing professional development. Stay Connected Keep up to date with the latest from Morgan Stanley Careers by subscribing to our job alert emails. Tailor your preferences to receive updates about new postings, career tips, and exclusive insights from our team leaders. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Morgan Stanley Jobs portal. Prepare your resume, refine your interview techniques, and join a company that values innovation and leadership. At Morgan Stanley, we’re not just building careers—we’re developing leaders. Discover how far your talents can take you by joining our team today.
Learn more about Morgan Stanley
Size
77,000 employees
Market Cap
$144.1 billion
Industry
Net Income
$10.9 billion
Founded
1935
5 Year Trend
+10%
Revenue
$52 billion
NASDAQ

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