Structured Finance / CMBS Execution Lawyer Structured Finance / CMBS Execution Lawyer …

Morgan Stanley
in London, England, United Kingdom
Permanent, Full time
Last application, 30 Mar 20
Morgan Stanley
in London, England, United Kingdom
Permanent, Full time
Last application, 30 Mar 20
See job description for details

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

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.

Morgan Stanley’s Deleveraging and Lending Group (DLG) focuses on traditional commercial real estate lending as well as warehouse lending for performing and non-performing loan pools. The business which sits within Morgan Stanley’s Fixed Income Division is recognised for providing traditional and innovative financing techniques, helping a wide range of clients throughout Europe to execute their business strategy.

DLG is looking to recruit a lawyer with CMBS / public markets debt experience to work on structured finance lending transactions as well as the securitisation and repacking of commercial real estate and warehouse loans. The successful candidate will be involved in transactions from the initial underwriting stage through to exit of the risk position. This is an on-desk role which will put the individual at the forefront of the structuring and documentation of transactions. It is a varied and exciting role with plenty of scope to develop within a busy and growing team.

Primary Responsibilities

  • Working with the core underwriting team on warehouse lending / secured financing transactions including preparation of term sheets, review of finance documents and due diligence, and ensuring loan signing and closing.

  • Working with the syndication and structuring team on securitisations of commercial real estate loans (CMBS), including reviewing of documentation and responding to investor queries.

  • Assist the team on repackaging of DLG’s warehouse and CRE loans into bond format, including review of trade documents and liaising with counsel and investors.

  • Oversight of execution of loan syndication including review of trade documents.

  • Supervision of Paralegals (non-disclosure agreements, engagement letters, reliance letters, KYC and Conflicts processes).

  • Liaise with internal stakeholders including Legal, Tax, Compliance and Ops teams, as well as external parties such as clients and counsel.


Skills required

  • At least 2+ PQE City or equivalent banking law experience with a major law firm or investment bank.

  • Familiarity with CMBS / repack documentation and warehouse lending / structured finance transactions.

  • Commercially driven with ability to adapt to varied workload including working on new product areas.

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.

Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more.