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Morgan Stanley · New York, NY

# Fixed Income Division – Associate/Vice President, On-desk Transaction Manager (New York)

New York, United States of America Executive $200,000 per year Executive & Management 

Listed on Morgan Stanley’s official careers site. Listed as of October 18, 2026. Check that it is still open and apply there.
[Apply on Morgan Stanley’s careers site →](https://ms.wd5.myworkdayjobs.com/External/job/New-York-New-York-United-States-of-America/On-desk-Transaction-Manager---Fixed-Income-Division---Associate-or-Vice-President_JR034605-1)

[OpenNash Jobs](https://jobs.opennash.com/) / [Morgan Stanley](https://jobs.opennash.com/companies/morgan-stanley/) / Fixed Income Division – Associate/Vice President, On-desk Transaction Manager (New York)

## Job description

C o m p an y P r o file 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. D ep a rt m e n t P r o fi l e 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. Role Description Morgan Stanley is seeking a full-time front office/on-desk Transaction Manager to join its Structured Notes business that sits within the Fixed Income Division, based in New York City.

The candidate will act as a deal execution specialist, managing the front-to-back fixed income Structured Note and SPV origination and distribution process and coordinating the interface across all internal and external counterparts. The candidate will preferably have prior legal experience with Structured Notes (including CLNs) and/or SPV (repacks). The role will ideally leverage prior legal experience to impact growth and business capabilities and create efficiencies in non-trading capacities.

Pr i m a ry R e s p o n si b i l iti e s Transaction Management - manage structured notes trade lifecycle (approvals, legal documentation, marketing materials, hedge documentation, settlement, lifecycle events) Central Trade Contact - key business partner accountable for collaboration across front office (treasury, sales, trading, structuring) and support functions (operations, controllers, legal, compliance, risk, tax, audit) to optimize, monitor and govern the business Collaborate on establishment and maintenance of business-related procedures/ policies and socialize best practices Streamline Business - streamline processes and create efficiencies (e.g document and optimize procedures, streamline approvals process, develop template documentation).

Cost Reduction - lead cost reduction initiatives across the business Business Metrics / Trade Reporting - maintain and present business metrics / report trades on behalf of business Automation - initiate and oversee automation solutions to create business efficiencies Governance / Regulatory be a key member of related BU specific committees, playing a major role in governance, policy formation and formulation of firm positions/decision making in response to regulatory environment; present business / coordinating response to requests from various internal and external oversight entities

New Products leverage legal expertise and contacts to collaborate with traders/sales/structuring to develop new products and create customized solutions to meet specific client needs take lead on determining legal feasibility, non-market risk and cost analysis of new product implementation participate / manage new products approval process S k ills re q uir e d Law degree (preferred)
- Knowledge of structured notes / SPVS repacks, products and programs preferred
- Strong communication skills and ability to work under pressure
- Ability to work on multiple transactions with excellent attention to detail
- Solid understanding of securities laws in the US A balance of legal and commercial skills WHAT YOU CAN EXPECT FROM MORGAN STANLEY: At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals.

We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered.

Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. 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. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste [https://www.morganstanley.com/about-us/global-offices​](https://www.morganstanley.com/about-us/global-offices​) into your browser. Expected base pay rates for the role will be between $150,000 and $200,000 per year at the commencement of employment for Associate and between $160,000 and $250,000 per year at the commencement of employment for Vice President. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents. Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

### For more information, please visit

[https://www.morganstanley.com/people-opportunities/eeo](https://www.morganstanley.com/people-opportunities/eeo).

## At a glance
- Posted by the employer: Not stated
- First seen by OpenNash: Jul 10, 2026
- Last checked: Oct 18, 2026
- Listed for: 100 days
- Location: New York, United States of America
- Pay: $200,000 per year[Apply on Morgan Stanley’s careers site →](https://ms.wd5.myworkdayjobs.com/External/job/New-York-New-York-United-States-of-America/On-desk-Transaction-Manager---Fixed-Income-Division---Associate-or-Vice-President_JR034605-1)

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