Job Overview
Morgan Stanley is seeking a regulatory lawyer to provide advice and counsel to the Company's Wealth Management business regarding industry rules and regulations and legal and regulatory risks involving retail equities, options, and futures trading, order routing, margin requirements, market data displays, and other aspects of the Company's Wealth Management offering, including the Firm's E
- TRADE from Morgan Stanley self-directed digital offering.
The Morgan Stanley E
TRADE Regulatory Attorney will support the business in developing and launching new product offerings, advising on compliance with new and existing industry rules and regulations, responding to regulatory inquiries and client issues, and drafting and amending client-facing agreements, disclosures, and internal governance documentation.Opportunity to join a leading global financial services firm with work that presents challenging and often unique transactional, operational, and regulatory issues.
Responsibilities
Providing legal and regulatory support to business and partners on retail equities, options, and futures trading.Interpreting and advising on SEC, FINRA, CFTC, NFA and other applicable laws, rules, and regulations.Drafting, reviewing, and revising disclosures, disclaimers, governance documents, marketing, and educational content.Advising on development and rollout of new trading products and services.Assisting with regulatory inquiries, examinations, and investigations, including client arbitration and litigation matters.Reviewing and updating client agreements, forms, and applications.Assessing impact of new and amended industry rules and regulatory developments and contributing to implementation and compliance.Responding to client- and platform-related issues.Participating in internal working groups and governance forums to provide advice and documentary support.Performing other duties and functions as required.Requirements
Undergraduate degree from a 4-year institution.J.D. from an accredited law school with superior academic credentials.Member in good standing of a state bar.At least 4 years of legal experience in broker-dealer regulation in the financial services industry, private practice, and / or a relevant regulatory agency or self-regulatory organization.Experience with self-directed online digital retail broker-dealers is a major plus.Subject-matter knowledge of the Securities Exchange Act of 1934, the Commodity Exchange Act of 1936, FINRA and NFA rules, and Federal Reserve Board Regulation T.Additional Qualifications
Highly developed written and oral communication skills.Excellent drafting and negotiation skills with exceptional attention to detail.Proven organizational and time-management skills, including ability to prioritize multiple assignments and meet deadlines.Strong interpersonal skills to foster teamwork, influence decision-making, and maintain effective relationships with internal colleagues and external clients and regulators.Ability to identify issues and assist development of remedial enhancements, including form agreements, policies, procedures, and control processes.Ability to work independently and as part of a team.Resourcefulness and personal accountability.Comfort working collaboratively across internal business, technology, operations, compliance, and risk teams, and across departments.Comfort working in a large organization both in-person and in virtual settings.What You Can Expect from Morgan Stanley
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 89 years. Our values – putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back – guide the decisions we make every day. At Morgan Stanley you'll find an opportunity to work alongside the best and brightest in an environment that supports and empowers you.
Our teams are relentless collaborators and creative thinkers, fueled by diverse backgrounds and experiences. We are proud to support employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive 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.
Equal Opportunity & Diversity
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M / F / Disability / Vet). We ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership / union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
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