Company Profile Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team ethic. Morgan Stanley can provide a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of our culture.
Department Profile IM is a global asset management business offering a full range of investment solutions across all asset classes to institutional clients. The IM business in EMEA operates out of multiple hubs including London, Dublin, Luxembourg, Milan, Madrid, Netherlands and Frankfurt.
The IM business offers bespoke and pooled investment solutions to clients through segregated accounts and pooled funds. Within EMEA, IM manages a full range of investment strategies organised in the following business lines: Active Fundamental Equity, Global Fixed Income, Liquidity Solutions, Private Credit and Equity, Real Assets and Solutions & Multi-Asset.
IM operates public and private fund ranges in EMEA, UCITS and AIF, domiciled in jurisdictions including Luxembourg, Dublin and the UK.
IM products are distributed globally to institutional clients by IM directly and also through a large, authorised, intermediary distribution network.
IM's client base primarily consists of large institutions including sovereign wealth funds, government entities, pension funds and other corporates.
Primary Responsibilities Morgan Stanley's Legal and Compliance Division is seeking to hire a lawyer in London to provide legal coverage for IM business in EMEA The role will have be diversified and the successful candidate will be expected to provide legal support to different areas of the business as dictated by work flow and resource within the team from time to time. The primary focus of the role will include providing advisory legal support in the following areas:
- establishment of new fund products and maintenance of existing fund products, UCITS and AIF, domiciled throughout the UK and the EU; - attendance at board meetings, and providing advice to fund and management company boards - assessing impact of new regulation to MSIM's business and contributing to advising MSIM business on structural changes and subsequent execution; - segregated account business including advising on the terms of investment management agreements with clients and associated trading documentation, and amendments to existing client agreements; - assist in new client on-boarding for funds including analysis and documentation of distributor relationships, and assisting client service teams with day to day queries regarding client investments; and - providing regulatory advice to the MSIM business.
The successful candidate will assume responsibility for managing a team of three individuals, including two lawyers at Vice President level and one paralegal.
Skills required (essential)
Areas of expertise in a combination (but not necessarily all) of the following areas are desirable:
- fund formation expertise and a knowledge of fund governance (UCITS and AIFMD in particular) - affinity with financial services regulation applicable to asset management business (including MiFID 2); - commercial contracts with clients, distributors, intermediaries or other agents within the asset management sector; - knowledge and understanding of the marketing rules applying to funds and discretionary management services in general in the EU, under MIFID, UCITS and AIFMD; - at least 10 years PQE in a major law firm and/or in-house at a sell-side or buy-side financial institution.
In addition, the following qualities will be expected:
- Professional maturity, confidence, presence and initiative - Good judgment and practical outlook in the application of law - Strong organizational skills - Aptitude for risk and controls
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.
Internal Number: 4793282
About Morgan Stanley
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