Senior Vice President, Counsel - BNY Issuer Services (Corporate Trust, Credit Services and Global Payments and Trade)
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, 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 Counsel to join our Issuer Services Legal team supporting the Corporate Trust, Credit Services and Global Payments and Trade lines of business. This role is located in Pittsburgh, PA or New York, NY.
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
- 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
Benefits
- Highly competitive compensation
- Benefits and wellbeing programs
- Access to flexible global resources and tools
- Generous paid leaves
- Paid volunteer time
- 401(k) plan
- Company-sponsored medical, dental, vision, and basic life insurance plans
- 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
Senior
Education Level
Ph.D. or professional degree
Number of Employees
1-10 employees
