Director, Managing Counsel- BNY Pershing

BNY MellonNew York, NY
11dOnsite

About The Position

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We’re seeking a future team member for the role of Director, Managing Counsel to support the BNY Pershing line of business within the BNY. This role is located in NYC 4 days in-office/week In this role, you’ll make an impact in the following ways:

Requirements

  • 8-12 years legal experience with a focus on contracts and investment advisory and/or broker-dealer issues.
  • Excellent oral and written communication skills, including strong presentation abilities.
  • Strong interpersonal skills to influence and impact business decisions.
  • Ability to work in a fast-paced, dynamic environment that requires hands-on support, business teamwork and the ability to multi-task.

Nice To Haves

  • In-House experience with a Broker-Dealer, Registered Investment Adviser or at a regulatory agency strongly preferred.
  • Trust Bank experience a plus.

Responsibilities

  • Report to Head of Legal for BNY Pershing/BNY Wealth Services and serve as a key adviser to the business.
  • Manage and negotiate contracts for Pershing for a variety of advisory, custody, operational and technology services.
  • Provide general legal support to the broker-dealer and registered investment adviser as needed.
  • Advise on new product development and regulatory risk management decisions.
  • Keep informed on legislation and rulemaking affecting business operations and developments in bank, broker-dealer and advisory law practice, updating the team and management as appropriate.
  • Collaborate with business leaders and associates to develop legal and regulatory best practices.

Benefits

  • BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our 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 leaves, including paid volunteer time, that can support you and your family through moments that matter.
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