Director, Managing Counsel (FIEQ)

BNY Mellon•New York, NY

12h•Onsite

About The Position

We are seeking a Director, Managing Counsel to join the Markets Legal team, supporting BNY’s Fixed Income and Equities (FIEQ) institutional sales and trading businesses. This role involves working closely with business partners on various broker-dealer and bank services, including institutional trading of equity and fixed income securities, originations of equity and fixed income instruments, ETFs, municipal securities offerings, and outsourced trading services. Experience in the prime brokerage space is also considered helpful. The position is located in Pittsburgh PA, Lake Mary FL, or New York NY.

Requirements

Law degree (J.D.) and licensed to practice law in New York Pennsylvania or Florida
Minimum 12 years of experience at a law firm and/or large financial institution covering fixed income and equity sales and trading activities
Experience with industry standard trading agreements
Knowledge of current regulatory issues impacting institutional sales and trading and capital markets businesses
Excellent verbal and written communication skills and the ability to interact professionally with a diverse group of executives, managers, and subject matter experts
Problem solving orientation and an ability to identify practical solutions
Detail oriented, with ability to multi-task and prioritize to meet deadlines
The ability to be a proactive, dynamic member of the BNY Legal Department
Client-orientation and an ability to cultivate good working relationships with business and other colleagues
Flexible and adaptable working style able to handle a demanding workload and changing priorities
Experience in appropriately balancing commercial flexibility and legal risk management

Nice To Haves

Experience in the prime brokerage space

Responsibilities

Providing advice and assistance to business, Credit, Risk and Compliance partners concerning legal, regulatory and reputational issues arising from FIEQ businesses
Advising on new markets, new product and service development, and strategic business initiatives
Working closely with business managers and BNY control functions (Compliance, Credit, Risk, Legal) to ensure understanding of the bank's regulatory and contractual obligations
Drafting, reviewing and negotiating legal contracts and other documents
Monitoring, interpreting and communicating on proposed regulations and their application to the business
Overseeing and managing the retention of outside counsel on business initiatives and other matters
Maintaining an understanding of global regulatory issues impacting the business through engagement with APAC and EMEA colleagues