We are seeking interns to join our Legal & Compliance Division for the Off Cycle Internship Program. This is an internship program designed as an opportunity to gain hands on exposure to the critical role the division plays in safeguarding the Firm’s businesses and guiding internal stakeholders on risk mitigation practices.

At Morgan Stanley, our Legal & Compliance Division is committed to identifying risks, designing policy frameworks, and enabling our businesses to operate responsibly and effectively. In India, we support global Institutional Securities, Wealth Management, Investment Management, and several infrastructure functions including Technology, Operations, Finance, Risk Management, and Corporate & Enterprise Services.

Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.

At Morgan Stanley India, we support the Firm’s global businesses, with critical presence across Institutional Securities, Wealth Management and Investment management, as well as in the Firm’s infrastructure functions of Technology, Operations, Finance, Risk Management, Legal and Corporate & Enterprise Services. Morgan Stanley has been rooted in India since 1993, with campuses in both Mumbai and Bengaluru. We empower our multi-faceted and talented teams to advance their careers and make a global impact on the business. For those who show passion and grit in their work, there’s ample opportunity to move across the businesses.

Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…

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.

What you’ll do in the role:

Wealth Management Advisory:

• Review and outlining of the powers of the agent under the power of attorney and general legal matters that relate to powers of attorney applied to client accounts;
• Addressing branch inquiries;
• Conducting legal research;
• Drafting a summary of the powers granted to the agent under a power of attorney; and
• Advising branch personnel on relevant powers of the agent under the power of attorney and the law applicable to the powers of attorney.

Client Documentation team:

• Reviewing, drafting, and negotiating Non‑Disclosure Agreements (NDAs), including back‑to‑back NDAs and Non‑Reliance Letters, in connection with banking transactions
• Liaising with Coverage Lawyers and Business Units on NDA matters, including issues requiring escalation
• Support FID Legal in reviewing and negotiating guarantees for traded products, ensuring Basel eligibility

Technology & Data Legal:

• Reviewing, drafting and negotiating a full range of commercial contracts that may include some or all of the following:
  • Technology Agreements (for software, hardware, resellers, etc.)
  • Service Agreements (for consulting, professional and general services)
  • NDAs
  • Trial/Evaluation Agreements
  • Renewals, Amendments, Schedules
  • Terminations, Novations
• Privacy and data protection - Review/Negotiate data protection terms and handle other miscellaneous tasks
• Legal Research - Conducting legal research and assisting in other ad hoc project work
• Handling large-scale contract remediation and data extraction projects
• Monday to Friday from 11:30 AM – 8:30 PM IST with flexibility on standard working hours for time sensitive matters (including India Public Holidays) is expected
• Periodic calls with US and EMEA internal clients and vendors

What you’ll bring to the role:

• Candidate must be pursuing LLB from any Law school preferably in the advanced stage of the program
• Solid track record in all semester examinations.
• Team player who can successfully manage multiple projects and priorities
• 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
• Excellent verbal and written English communication skills
• Must be able to maintain a high level of organization under pressure
• Successfully meet established deadline requirements – display efficient time management skills
• Possess the ability to research and resolve issues independently
• Ability to identify and recommend process efficiencies
• Attention to detail

What you can expect from Morgan Stanley:

We are committed to maintaining the first-class service and high standard of excellence that has defined Morgan Stanley for over 90 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect, and cross-collaboration. Our Firm is differentiated by the caliber of our diverse team, while our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

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.