Counsel - Asset Servicing

BNY; Dublin; On-site; EUR 70,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation

Generous paid leave

Wellbeing programmes

Job summary

BNY is seeking a Counsel for its Asset Servicing Legal team located in Dublin. This role involves advising on business transactions, drafting service agreements, and working collaboratively with various internal stakeholders. Ideal candidates will be qualified solicitors with 3-8 years of post-qualification experience, preferably in Financial Services. BNY offers competitive compensation and wellness benefits, fostering a culture of excellence and support for its employees.

Qualifications

• 3-8 years PQE, ideally from a leading law firm.
• Experience in Financial Services preferred.
• Ability to manage multiple projects in a fast-paced environment.

Responsibilities

• Act as a legal advisor on business transactions and regulatory matters.
• Draft and negotiate service agreements with clients.
• Collaborate with colleagues across the organization.

Skills

Legal advising

Interpersonal communication

Negotiation skills

Analytical skills

Problem-solving

Education

Qualified Solicitor or Barrister in Ireland

Job description

Job Description

We’re seeking a future team member for the role of Counsel to join our Asset Servicing Legal team. This role is located in Dublin.

The lawyer who fills this role will be expected to contribute as part of a larger team and to independently advise the Asset Servicing business.

Asset Servicing primarily provides fund accounting, transfer agency, middle office, custody and sub‑custody services. Exposure to and interest in asset management and/or financial institutions practice, technology, digital assets (e.g. cryptocurrencies and tokenized assets), distributed ledger technology, and/or data and analytics is helpful but not required.

Responsibilities and Qualifications

• Serving as a trusted internal resource and key legal advisor on significant business transactions, regulatory matters and strategic initiatives.
• Liaising with a variety of key BNY stakeholders, including lines of business, business partners and senior leadership, to ensure that any material legal issues are properly identified, escalated and mitigated.
• Managing the drafting and negotiation of a variety of service agreements with clients, and related provider agreements with third‑party banks that underpin BNY’s custody service offering.
• Demonstrating the ability to handle a broad portfolio of legal issues.
• Working collaboratively, seeking guidance and input from colleagues throughout the organization to ensure solutions align to global legal strategies.
• Partnering with colleagues who also serve in an advisory or oversight capacity, such as those in Risk, Audit, Compliance, etc.
• Managing outside counsel, reviewing work for appropriateness, quality and alignment to expectations.
• Developing a broad understanding of BNY products and services.
• A qualified Solicitor or Barrister currently licensed to practice in Ireland with ideally 3–8 years PQE, relevant experience gained from a leading law firm.
• Prior substantive knowledge and experience in the Financial Services industry (e.g., Investment Servicing or Investment Management) is preferred.
• Experience of outsourcing, custody, cross‑border activities and/or MiFID is desirable.
• Excellent verbal, written, and interpersonal communication skills. A clear communicator that can deliver legal advice in layman’s terms and lead discussions with relevant stakeholders.
• The candidate must also have excellent legal and business judgment as well as strong negotiation skills.
• Strong analytical, problem‑solving and drafting skills with proven ability to drive projects to completion.
• A team player. The ability to work collaboratively with one’s colleagues is an essential pre‑requisite for this role.
• Ability to manage multiple projects and priorities in a fast‑paced environment. Must be able to manage and prioritise across a large volume of complex matters with competing deadlines and different internal stakeholders.
• Experience working with technology, software, digital assets, blockchain, data and analytics legal issues is a strong plus.

Benefits

BNY offers highly competitive compensation, benefits and wellbeing programmes rooted in a strong culture of excellence and a pay‑for‑performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience and reach your financial goals as a valued member of our team, along with generous paid leave, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.