Director, Managing Counsel (FIEQ)

BNY MellonNew York, NY
Onsite

About The Position

We’re seeking a future team member for the role of Director, Managing Counsel to join our Markets Legal team supporting BNY’s Fixed Income and Equities (FIEQ) institutional sales and trading businesses. A successful candidate will work closely with our business partners involved in an array of broker-dealer and bank services including institutional trading of equity and fixed income securities, originations of equity and fixed income instruments, ETFs, and municipal securities offerings, and the offering of outsourced trading services. This role 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 would also be helpful.

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

Benefits

  • highly competitive compensation, benefits, and wellbeing programs
  • 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
  • generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter
  • eligibility for an annual discretionary incentive award
  • eligible employees may enroll in a 401(k) plan
  • participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents
  • other benefits (including various paid time off benefits, such as vacation and sick time)

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What This Job Offers

Job Type

Full-time

Career Level

Director

Education Level

Ph.D. or professional degree

Number of Employees

1-10 employees

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