Junior In-House Legal Career

Morgan Stanley is seeking a qualified in-house attorney to join our Budapest office. The successful candidate will be an integral part of the team responsible for implementing the ISG Legal’s Basel Netting & Collateral Enforceability Program (BNC Program). This program is crucial in determining the legal enforceability of netting and collateral for master agreements related to traded products, including swaps, foreign exchange, commodities, securities lending, repo transactions, and prime brokerage and clearing agreements. In the Legal and Compliance Division (LCD) we provide a wide range of services for our business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the firm's invaluable reputation for integrity and protect the firm from sanctions with policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the firm's businesses. Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world. Why This Role is Perfect for You * Fast-track your career: Gain exposure to complex financial products and global legal frameworks early on * Learn from experts: Work alongside senior lawyers across EMEA, Americas, and APAC * International experience: Collaborate with global stakeholders and top-tier law firms * Real responsibility: Contribute to work that directly influences capital, risk, and trading decisions What you will do in the role: * Support the Basel Netting & Collateral Enforceability (BNC) Program, a key global initiative * Work with experienced colleagues to analyze legal enforceability across jurisdictions and asset classes * Collaborate with business, risk, and finance teams to understand how legal decisions impact transactions * Help manage external legal advice and contribute to global legal updates * Develop a strong understanding of derivatives, FX, and capital frameworks What you will bring to the role: * Completed law school studies * Qualified lawyer with 0–5 years of experience (banking, corporate, or financial law) * Strong analytical mindset and attention to detail * Interest in financial markets and international legal work * Proactive, eager to learn, and comfortable in a fast-paced environment * Strong communication skills and a collaborative approach 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​ into your browser. Certified Persons Regulatory Requirements: If this role is deemed a Certified role and may require the role holder to hold mandatory regulatory qualifications or the minimum qualifications to meet internal company benchmarks. Flexible work statement Interested in flexible working opportunities? Morgan Stanley empowers employees to have greater freedom of choice through flexible working arrangements. Speak to our recruitment team to find out more. 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.