ISDA & Counterparty Risk officer – Business Unit Risk Management (FID)

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • Morgan Stanley
  • 20 Feb 19

See job description for details


Department Profile

The Fixed Income Division is comprised of Interest Rate and Currency Products, Credit Products and Distribution. Professionals in the Division assess and actively manages risk, trade securities, and structure as well as execute innovative transactions in the fast-paced and constantly changing global markets. The Commodities Division is a market leader across a broad range of commodities markets, with expertise in areas including client risk management, financing solutions and investor products Sales & Trading

From the largest global institutions to innovative new hedge funds, investors come to Morgan Stanley for sales, trading, and market-making services in almost every type of financial instruments including stocks, bonds, derivatives, foreign exchange, and commodities. Our professionals provide liquidity and content to clients around the world, actively assessing and managing risk, trading securities, and planning and executing transactions in the fast-changing markets. As the needs of our clients become increasingly complex, we often develop customized solutions.

Primary Responsibilities

Morgan Stanley is looking to recruit a counterparty risk officer (senior Associate / junior VP) with legal or derivatives documentation experience to join the Counterparty Risk team within the EMEA Fixed Income Division’s Business Unit Risk Management (BURM) team in London.

  • Working in close cooperation with the negotiator team, but placed in the Counterparty Risk function
  • Reviewing and signing off contractual terms from a counterparty risk perspective for the OTC Derivatives Business, including but not limited to, ISDA, CSA, GMRA, Confirmations and ancillary documentation
  • Assessing margin provisions and collateral terms
  • Ensuring that terms are compliant with the risk approvals, business intention and capable of being captured in the internal systems
  • Reviewing contractual terms of counterparties on distressed watchlists
  • Participating in the BURM’s trade review forums and selection committees in charge of assessing bespoke transactions and client onboardings
  • Cooperating with other areas of the BURM Counterparty Risk team


Qualifications:


Skills required (essential)
  • Degree in law
  • Experience in legal/negotiator roles with respect to derivatives. Preferably employed by or seconded to a bank in a similar roles
  • Demonstrable experience in derivatives documentation, related sign off & governance processes and regulations
  • Excellent written and oral communication skills
  • Excellent people skills (will interface with people at varied skill and seniority levels)
  • Ability to set, track, achieve and report on short/long term goals and projects
  • Organised, detail-oriented, self-starter


Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximise their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing and advancing individuals based on their skills and talents. #LI-RP1