Director, Managing Counsel

BNY Mellon; Florida; On-site; USD 180,000 - 260,000; Full time

Job summary

BNY seeks an energetic Counsel for the Asset Servicing business to advise on complex transactions, regulatory matters, and strategic initiatives. The role will support the Fund Services group and interact with senior leadership across multiple locations.

Ideal candidates bring a J.D. and 12–15 years of experience in financial services, with strong negotiation and drafting skills, and the ability to manage a broad portfolio of legal issues in a fast-paced environment.

Qualifications

• J.D. degree and bar admission in NY, FL or PA.
• 12-15+ years of relevant experience in financial services.
• Strong negotiation, drafting and advisory capabilities.

Responsibilities

• Serve as a trusted legal advisor on transactions, regulatory matters, and strategic initiatives for Asset Servicing.
• Coordinate with senior leadership and diverse stakeholders to identify and mitigate legal issues.
• Manage drafting and negotiation of client service agreements and related documents.
• Handle a broad portfolio of legal issues across fund services and digital assets.
• Collaborate with Risk, Audit, Compliance and other teams to align with global legal strategies.
• Develop deep understanding of Asset Servicing products and services.

Skills

Legal advisory

Negotiation

Written communication

Interpersonal skills

Project management

Analytical thinking

Team collaboration

Technology and data assets

Education

J.D.

Job description

We are looking for an energetic self-starter to serve as Counsel to the Asset Servicing business. This role is located in New York City, NY, Lake Mary, FL or Pittsburgh, PA

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

We expect the candidate to primarily support Asset Servicing's Fund Services group, which provides fund accounting, administration, transfer agency, middle office, custody and other services to a wide variety of registered and unregistered funds, ETFs, UITs and other investment vehicles. 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.

In this role, you'll make an impact in the following ways:

• 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.
• 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.
• Developing a broad understanding of Asset Servicing products and services.

To be successful in this role, we're seeking the following:

• Law degree (J.D.) and licensed to practice in NY, FL or PA.
• 12-15; years of relevant experience.
• Prior substantive knowledge and experience in the Financial Services industry (e.g., Investment Servicing or Investment Management) is preferred.
• Excellent verbal, written, and interpersonal communication skills. A clear communicator that is able to 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 prioritize 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, a strong plus.