Director, Managing Counsel - BNY Issuer Services (Corporate Trust, Credit Services and Global Payments and Trade)

BNY Mellon•Pittsburgh, PA

70d•$130,000 - $275,000

About The Position

In this role, you’ll make an impact in the following ways: Advise on all aspects of corporate trust, commercial lending and global payments and trade transactions, products, programs, platforms, processes and related matters Negotiate and draft transactional agreements for the corporate trust business– including a broad range of structured finance, corporate debt, government, custody, escrow, insurance trust and public not-for-profit related agreements Structure, document, negotiate and close commercial lending transactions Negotiate and draft transactional agreements for BNY Mellon’s Global Payments and Trade business – including those related to supply chain finance, receivables finance, risk distribution, white label outsourcing, global banking terms for payments and liquidity services, and a broad range of traditional trade-finance products such as letters of credit, trade loans and the discounting of instruments and documents Manage escalations from various business stakeholders internally and outside counsel on transactional and documentation issues Assist on special, regional and global projects as required for the Corporate Trust, Credit Services, and Global Payments and Trade businesses At times interact with senior management and relevant business stakeholders Partner with control functions serving in an advisory or oversight capacity, such as Risk, Audit and Compliance Manage outside counsel and advise on business, regulatory and legal developments Collaborate with other Issuer Services Legal Team members, as needed Negotiate servicing outsourcing contracts

Requirements

Juris Doctor from an accredited law school and a member of the Pennsylvania or New York Bar.
3-7 years’ minimum of total work experience as a qualified attorney, including representing major financial institutions in corporate trust transactions.
Ability to handle a diverse and demanding workload
Excellent negotiation, analytical, problem-solving, drafting and communications skills
Ability to function independently, but also as part of effective teams

Nice To Haves

Commercial lending, fund finance or supply chain finance a plus
Cross-border transactional experience a plus

Responsibilities

Advise on all aspects of corporate trust, commercial lending and global payments and trade transactions, products, programs, platforms, processes and related matters
Negotiate and draft transactional agreements for the corporate trust business– including a broad range of structured finance, corporate debt, government, custody, escrow, insurance trust and public not-for-profit related agreements
Structure, document, negotiate and close commercial lending transactions
Negotiate and draft transactional agreements for BNY Mellon’s Global Payments and Trade business – including those related to supply chain finance, receivables finance, risk distribution, white label outsourcing, global banking terms for payments and liquidity services, and a broad range of traditional trade-finance products such as letters of credit, trade loans and the discounting of instruments and documents
Manage escalations from various business stakeholders internally and outside counsel on transactional and documentation issues
Assist on special, regional and global projects as required for the Corporate Trust, Credit Services, and Global Payments and Trade businesses
Interact with senior management and relevant business stakeholders
Partner with control functions serving in an advisory or oversight capacity, such as Risk, Audit and Compliance
Manage outside counsel and advise on business, regulatory and legal developments
Collaborate with other Issuer Services Legal Team members, as needed
Negotiate servicing outsourcing contracts