FID Secured Lending, Structure and Execution Lawyer; ABS - Vice President

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.

Position Description:

The FID Secured Lending Group (“FSL”) is currently seeking a Structure and Execution Management lawyer in the business to work on all aspects of executing secured financing transactions involving a broad array of asset classes, including esoteric ABS (data centers, fiber optic cable, whole business, net lease), unsecured consumer loans, transportation or other asset types and various forms of receivables. This will include working with bankers/originators, syndication and asset management teams, internal constituents in credit, legal, compliance, tax and accounting policy divisions and supervising outside counsel to help structure and execute transactions.

Primary Responsibilities:

Drive the execution of FSL transactions (term and warehouse finance, repos, syndication and securitizations, etc.) by:

• Managing legal and documentation issues that arise in connection with FSL transactions

• Advising on structure of lending transactions, taking into account legal, franchise, regulatory, tax and other considerations

• Identify, evaluate, and mitigate legal risks associated with collateral assets, lien perfection, and enforce ability of security interests.

• Working closely with external counsel to prepare transaction documentation (repos, credit agreements, security agreements, servicing agreements, indentures, offering memorandums, NPAs, etc.)

• Drafting, reviewing and negotiating term sheets, engagement letters and NDAs

• Working closely with internal counsel to manage legal risks for FSL transactions

• Leading documentation negotiations with clients

• Liaising with various internal functions to facilitate funding of loans and settlement of transfers

• Working with securitization/syndication teams to facilitate exit

• Additional responsibilities would include:

  • Preparing material for and presenting to internal committees, FSL senior management, internal audit and regulators

  • Maintaining documentation precedents and templates

  • Maintaining best practices and internal policies and procedures

Skills Required:

• JD and admitted to the bar in any state

• 5+ years of experience in lending, corporate and/or capital markets experience at a major law firm or a large financial institution

• Great familiarity with structured finance and secured lending transactions

• Commercially driven

• Excellent verbal and written skills and ability to communicate with senior management and clients

• Ability to build effective working relationships and interact confidently with senior management and cross-functional teams.

• Proven leadership ability to manage and deliver on multiple projects under time pressure

• Sound judgment, and organizational skills, with the ability to manage competing priorities in a dynamic environment.

• Commercially minded and comfortable operating in a business-facing, fast-paced deal environment.

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…