Associate - Legal (Legal and Compliance) Associate - Legal (Legal and Compliance) with verification
Job Description
Division: Legal & Compliance LCD
Super - Department: Legal
Region: Global
Job Level: Associate
Job Title: CRT- Paralegal Support
Employment Type: Full Time
Location: Mumbai (Nirlon Knowledge Park)
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.
LCD comprises of Legal, Compliance, Global Financial Crimes and Regulatory Relations.
The Legal Department provides guidance, requirements and procedures for understanding and complying with the laws, regulations and Firm policies that apply to our businesses.
The Global Compliance Department identifies applicable Compliance Obligations and maintains a Firmwide Compliance Risk management program, including Compliance Risks that transcend business lines, legal entities and jurisdictions of operation.
Global Financial Crimes is responsible for the development and governance of the Firm's financial crime prevention efforts across all regions and business units. Global Financial Crimes is comprised of the Anti-Money Laundering (AML), Sanctions, Anti-boycott, Anti-Corruption (ACG) and Government and Political Activities Compliance (GPAC) programs.
The Global Regulatory Relations Group (GRRG) is responsible for strategic and centralized management of the supervisory activities of Morgan Stanley's regulators and related developments globally, with a focus on regulatory reviews and examinations and continuous monitoring activities. GRRG serves as the central point of contact for the regulatory staff responsible for supervisory activities at Morgan Stanley entities and for timely reporting to Firm management and other governance or management bodies, as appropriate, on those relationships and supervisory processes, including areas of significant regulatory focus or concern.
LCD Center of Excellence Mumbai (LCD CoE) is a part of Morgan Stanley's Global In-house Center, which provides global support to LCD and is an integral part of Firm and LCD strategy.
Team, team description and day job
Early Dispute Resolution (EDR)
Team Description: The position is in Morgan Stanley's Litigation team. This team is a consolidated point of legal contact for Morgan Stanley litigation, complaints, regulatory and employee related matters. The offshore Legal and Compliance Department in Mumbai is a department of the Legal and Compliance Division and provides support services to the Legal and Compliance Division.
Day Job Paralegal support
This position will support EDR and US lit attorneys, daily tasks would involve -
Analyze regulatory inquiries relating to customer complaints and prepare draft responses under the supervision of an attorney in the US. This work includes
Review legal requests to determine required response.
Interacting with personnel based in the US
Retrieve a wide variety of documents, stored in paper and electronic form, from a variety of Firm systems and applications.
Compliance with Legal Department policies and procedures for issuing litigation holds, locating documents, and keeping a record of steps taken to retrieve documents
Organizing redacting and staging documents for production
Effort related to document settlement agreements and payments for settled complaints in matter management system and liaise with accounts payable to direct payments
Assist US-based attorneys handling customer complaints by (1) documenting responses to customer complaints in the Firm's matter' management system; (2) completing closing memo forms; and (3) ensuring that all required documents are saved in EDR's document repository.
Day job Conduct risk support
Locating and entering conduct risk information into the Conduct Risk Tool, the global repository for tracking conduct risk incidents
Reconciliation and reporting (including Business Objects)
Coordination with investigative teams globally, particularly in Asia and EMEA
Development of metrics and reporting relating to conduct risk incidents
Interaction and coordination within LCD to ensure appropriate execution of the Firm's enterprise-wide conduct risk program
Requirements
Experience
Qualified lawyer LLB (LLM will be an added advantage)
2-3 years' post qualification experience
Solid track record working in a professional environment
Candidate with prior legal operations/reference data background will be an added advantage
Candidate with prior legal operations/reference data background will be an added advantage
Knowledge
Understanding of legal documents and terminologies
Basic understanding and exposure to mortgage transactions will be an added advantage
Basic understanding and exposure to general legal and estate planning concepts and terminologies will be an added advantage
Should exhibit comfort working with technology and the ability to learn and display proficiency on technical systems and programs.
Proficient with MS Office (Excel proficiency would be an added advantage)
Knowledge of document automation, contract analysis and other legal tech software an advantage
Skills and Qualities
Applicant must be a self-starter, able to work independently.
Must be able to interact with a variety of individuals, in person and by telephone
Ability to think independently, form opinions and make decisions
Ability to anticipate ahead of time and escalate issues as appropriate
Pragmatic and analytical problem solving skills - candidate needs to consistently apply sound judgment
Ability to identify and recommend process efficiencies
Excellent verbal and written English communication skills ability to effectively correspond with various groups and senior professionals over email and the telephone
Must be able to maintain a high level of organization under pressure
Attention to detail
Successfully meet established deadline requirements display efficient time management skills
Possess the ability to research and resolve issues independently
Experience in stakeholder management with excellent interpersonal skills and the ability to work effectively with colleagues across regions and Business Units
Have the ability to effectively handle a fast-paced environment
Coverage
Monday to Friday from 11.30 AM to 8.30 PM India time with flexibility on standard working hours for time sensitive matters (including India Public Holidays). Flexibility on standard working hours for time sensitive matters (including India Public Holidays) is expected
Periodic calls with US manager and team members
“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.”
Posting Date
Sep 13, 2024
Primary Location
Non-Japan Asia-India-Maharashtra-Mumbai (MSA)
Job
Attorney
Employment Type
Full Time
Job Level
Associate
Legal Fundamentals