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BNY

Safeguards and moves assets for investors

Director Managing Counsel - Multiple Teams

Legal Counsel & Legal SupportConfirmed live in the last 24 hours
Full-time$130k - $275k /yrIn-person

About the Job

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.

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

Desired Qualifications

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

About the Company

BNY

Safeguards and moves assets for investors

BNY safeguards financial assets and runs investment services for institutions, investment firms and wealthy clients around the world. Its custody business keeps clients' securities safe and handles the records and transactions needed to administer investment funds. Banks and brokers use its systems to settle trades, manage collateral and send payments, while its investment and wealth businesses manage portfolios and advise clients. It earns servicing and management fees as well as interest on loans and securities funded by client deposits. BNY traces its roots to the Bank of New York, founded by Alexander Hamilton in 1784, and is headquartered in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1784

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