At a Glance
- Tasks: Draft and negotiate complex transaction documents while providing practical legal counsel.
- Company: Join BNY, a leading global financial services company impacting 20% of the world's investible assets.
- Benefits: Enjoy competitive pay, flexible resources, generous paid leave, and a focus on wellbeing.
- Why this job: Be part of an innovative culture that values diversity and makes a real-world impact.
- Qualifications: Legal degree with experience in complex technology agreements; strong analytical and communication skills required.
- Other info: Located in Manchester, UK, with opportunities for growth in a supportive environment.
The predicted salary is between 43200 - 72000 £ per year.
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere. We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world.
In this role, you’ll make an impact in the following ways:
- Structure, draft and negotiate a variety of complex transaction documents, including technology procurement agreements (e.g., SaaS and cloud), outsourced (ITO and BPO) and managed service agreements, and technology-related partnership and collaboration agreements.
- Provide practical and business-focused counsel by understanding business strategy and goals and succinctly and effectively communicating legal issues and solutions, including working with lines of business to support development of commercial contract documentation such as service descriptions, service level agreements and fee schedules.
- Liaise with a variety of senior BNY Mellon stakeholders, including ECRSO, lines of business, and other business partners to ensure appropriate awareness and escalation of issues as they arise.
- Assist in the maintenance and improvement of contract templates and contract review checklists so that they remain in compliance with BNY Mellon standards and practices in light of the dynamic regulatory regime under which BNY Mellon operates.
To be successful in this role, we’re seeking the following:
- Legal Degree and a number of years as a practicing attorney, with experience of structuring, drafting and negotiating complex technology procurement agreements (e.g., SaaS and cloud), outsourced (ITO and BPO) and managed service agreements, and technology-related partnership and collaboration agreements at a law firm or in-house legal department (law firm or financial services company experience preferred).
- Basic knowledge of cybersecurity, technology controls, information security, data privacy and protection, and data management.
- Knowledge of financial services regulations and regulatory guidance on outsourcing and other third-party relationships (e.g., EBA, ESMA, FCA/PRA, DORA, MAS, HKMA) preferred.
- Knowledge of global privacy laws (e.g., GDPR, GLBA, CCPA) preferred.
- High degree of self-motivation and ability to work both autonomously as a lead attorney on transactions and as part of a global team.
- Strong analytical, problem-solving and drafting skills, with proven ability to drive projects to completion.
- Ability to handle and prioritize multiple tasks to deliver timely, excellent work product in a pressurized environment.
- Excellent verbal, written, negotiation and interpersonal communication skills.
- Experience using legal technology, such as contract lifecycle management tools (e.g., SirionLabs and iManage) preferred.
Our Benefits and Rewards: 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.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Counsel – Complex Transactions employer: BNY Mellon
Contact Detail:
BNY Mellon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Counsel – Complex Transactions
✨Tip Number 1
Familiarise yourself with the specific types of complex transaction documents mentioned in the job description, such as SaaS agreements and managed service agreements. Understanding the nuances of these documents will help you demonstrate your expertise during interviews.
✨Tip Number 2
Network with professionals in the financial services sector, particularly those who work in legal roles. Engaging with current or former employees of BNY can provide valuable insights into the company culture and expectations for the Counsel position.
✨Tip Number 3
Stay updated on the latest developments in financial services regulations and global privacy laws. Being well-versed in these areas will not only enhance your knowledge but also show your commitment to staying informed, which is crucial for the role.
✨Tip Number 4
Prepare to discuss your experience with legal technology tools like contract lifecycle management systems. Highlighting your familiarity with these tools can set you apart from other candidates and demonstrate your readiness to contribute effectively from day one.
We think you need these skills to ace Counsel – Complex Transactions
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in structuring, drafting, and negotiating complex technology procurement agreements. Use specific examples that demonstrate your skills in this area.
Craft a Compelling Cover Letter: In your cover letter, express your understanding of BNY's culture and values. Mention how your background aligns with their focus on innovation and inclusivity, and provide examples of how you've successfully navigated complex legal issues.
Showcase Relevant Skills: Emphasise your knowledge of financial services regulations and global privacy laws. Highlight any experience you have with legal technology tools, as this is preferred for the role.
Proofread and Edit: Before submitting your application, carefully proofread all documents to ensure there are no grammatical errors or typos. A polished application reflects your attention to detail, which is crucial for a legal role.
How to prepare for a job interview at BNY Mellon
✨Understand the Role Thoroughly
Before your interview, make sure you have a solid grasp of the responsibilities and requirements of the Counsel – Complex Transactions position. Familiarise yourself with the types of agreements you'll be dealing with, such as SaaS and cloud contracts, to demonstrate your expertise.
✨Showcase Your Legal Knowledge
Be prepared to discuss your experience with complex transaction documents and relevant regulations. Highlight your understanding of cybersecurity, data privacy laws, and financial services regulations, as these are crucial for the role.
✨Demonstrate Communication Skills
Since the role involves liaising with various stakeholders, practice articulating legal concepts in a clear and concise manner. Use examples from your past experiences to illustrate how you've effectively communicated complex legal issues to non-legal teams.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and how you handle multiple tasks under pressure. Think of specific instances where you've successfully managed competing priorities or resolved complex legal challenges.