Apply on Employer Site

Morgan Stanley · 3 days ago

Morgan Stanley E*TRADE Regulatory Attorney, Vice President

Dallas, TX

Full-time

Onsite

Mid Level

4+ years exp

Morgan Stanley is a leading global financial services firm seeking a regulatory attorney to support its Wealth Management business. The role involves providing legal advice on compliance with industry regulations, drafting agreements, and supporting the development of new trading products.

Asset ManagementFinanceFinancial ServicesLending

Hiring Manager

Jessica Martins

Responsibilities

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

Provide advice 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, in particular

Providing legal and regulatory support to business and other partners on a wide range of issues relating to 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 as well as 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 the implementation of and compliance with regulatory changes

Responding to client- and platform-related issues

Participating in internal working groups and governance forums to provide advice and documentary support

Qualification

Regulatory complianceSecurities Exchange ActFINRA regulationsCFTC regulationsLegal draftingBroker-dealer regulationEquities tradingOptions tradingFutures tradingWritten communicationOral communicationOrganizational skillsInterpersonal skillsTeamwork

Required

4 or more years at a major law firm, bank, market-maker, proprietary trading firm, state or Federal financial services agency, and/or self-regulatory organization with relevant experience and some subject matter expertise in equities, listed options and/or futures trading, SEC, FINRA, CFTC, and NFA rules

Undergraduate degree from a 4-year institution

J.D. from an accredited law school, with superior academic credential

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

Subject matter knowledge of aspects of the Securities Exchange Act of 1934, the Commodity Exchange Act of 1936, FINRA and NFA rules, and Federal Reserve Board Regulation T

Highly developed written and oral communication skills

Excellent drafting and negotiation skills, and exceptional attention to detail

Proven organizational and time management skills, including the ability to prioritize multiple assignments, work independently to solve problems, and meet deadlines

Strong interpersonal skills to foster teamwork, influence decision-making, and maintain effective working relationships with internal colleagues and external clients and regulators

Ability to identify issues and assist development of remedial enhancements, including with respect to form agreements, policies, procedures, and control processes

Ability to work independently and as part of a team

Resourcefulness and personal accountability

Comfort working collaboratively including with various internal business, technology, operations, compliance, and risk teams and across departments

Comfort working in a large organization both in-person and in virtual settings