Document Specialist at Morgan Stanley (Miami, FL)

| Miami, FL
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Morgan Stanley ("MS") is a global financial services firm that conducts its business through three principal business segments-Institutional Securities, Wealth Management, and Asset Management. Wealth Management provides comprehensive financial advice and services to its clients including brokerage, investment advisory, financial and wealth planning, credit & lending, deposits & cash management, annuities, insurance, retirement and trust services.

Morgan Stanley International Wealth Management with 130b in AUM, is a global leader in investment and wealth management. Its clients include ultra-high net-worth, high-net-worth individuals and retail investors in most major markets throughout the world. The segment offers investment management, brokerage, banking, credit and lending services.

International Banking and Lending is involved with providing integrated banking, credit and lending solutions as part of the comprehensive wealth management offering to international clients. Our business model focuses on deep client relationships, an integrated team structure and a platform of depth and breadth.

The International Banking and Lending Documentation Specialist ("DS") will be responsible for reviewing Account Opening and other Governing documentation necessary for clients wishing to apply for securities based loans and other lending products. The Specialist will partner with the Private Banker and International Client Advisors to collect organizational and other corporate documentation with respect to clients' legal entity or entities and to coordinate a due diligence review of the clients' corporate entities with the appropriate legal resource. The Specialist will contact and coordinate with local counsel in international jurisdictions as needed following internal procedures established by the Legal department.

The International Banking and Lending Documentation Specialist will also be responsible for supporting client transactions that involve Letters of Credit for high net-worth in International markets. The DS will coordinate and facilitate all Letter of Credit functions in partnership with ICAs, International Private Bankers, International Credit and Lending team, Credit team, and the Letter of Credit Group in Bank Operations.

Responsibilities for Documentation Specialist role:
• Perform initial review of all pertinent formation documents for legal entities (borrower and pledgor) received from clients applying for a credit facility with the Private Bank Group ("the Bank")
• Ensure adherence to the Bank's AML, Compliance and account opening procedures and processe
• Validate all the relevant information and requirements for the establishment of a credit facility, and Letters of Credit
• Engage with approved outside counsel in pre-approved jurisdictions to coordinate the legal review of formation documents and obtain confirmation of the following:

o Name and Type of entity

o Date of formation

o Jurisdiction of Organization

o Directors, Members, Officer

o Authorized signers and Power

o Bearer share statu

o Capacity to borrow and pledge asset

o Any other issues for consideration
• Engage with internal Legal on ALL legal questions or issues as needed in accordance with internal Legal procedures. This will include consulting with the Legal or Compliance team for any questions or issues that may require additional legal or compliance review.
• Engage with AML, Credit, Private Bankers and Intl Underwriting group to provide status on legal review

Responsibilities for the Letter of Credit function include the following (in coordination with the Letter of Credit Operations Group):
• Understand the underlying transaction related to the Letter of Credit
• Review of proposed terms and conditions on Letters of Credit requested
• Coordination and facilitation of the issuance, amendment, and drawings by liaising with Letter of Credit Operations Group, ICAs, Credit, Legal and Lending Team, the client and beneficiary, when required.

Qualifications:

Qualifications - External
• Familiarity with formation documents for personal holding companies and operating companies in key international jurisdictions, with focus on Latin America
• Ability to work collaboratively in fast-paced environment on multiple projects; ability to think strategically and to analyze and evaluate potential risks, including legal and reputational risks.
• Ability to adapt to an environment that emphasizes a provide a positive client experience
• Quick response time to team and management inquirie
• Excellent interpersonal, organizational, and planning skill
• Strong analysis and attention to detail
• Ability to work independently and identify when to escalate issues, including to the Bank, Legal and Compliance and WM Risk as appropriate
• Excellent verbal and written bilingual communication
• Analytical approach to problem solving
• Strong Quality and control orientation
• Properly navigate the firm's workstation system
• Ability to think creatively and recommend/implement process improvement
• Strong organizational skills to successfully manage multiple tasks at one time
• Proficient PC skill
• Knowledge of Private Bank products/Services, including credit and lending transactions to individuals and companie
• At least 5 years of experience in the Financial Services , International business and/or Legal
• Education - A.S/ B.S. degree or equivalent work experience
• Paralegal - background in legal documentation or experience working in a legal department or law firm preferred
• Formal letter of credit training required (including issuance, negotiations, confirmations, and payments) for Commercial and Standby Letter of Credit
• Command of ISP98, UCP600, URR525 and other regulations governing letters of credit
• Familiarity US financial regulations including USA Patriot Act, Bank Secrecy Act, AML controls, and OFAC guideline

Language requirement: Proficient in Spanish
More Information on Morgan Stanley
Morgan Stanley operates in the Financial Services industry. The company is located in Rochester, NY, New York, NY, Purchase, NY, Conshohocken, PA, Baltimore, MD, Richmond, VA, Westlake, OH, Beavercreek, OH, Tampa, FL, Kansas City, MO, Omaha, NE, New York, NY, San Francisco, CA and San Francisco, CA. Morgan Stanley was founded in 2022. It has 87899 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 368 open jobs at Morgan Stanley, click here.
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