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- Tasks: Serve as a key legal advisor on business transactions and regulatory matters.
- Company: Join BNY, a leader in financial services with a culture of excellence.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Collaborative team culture with opportunities for personal and professional growth.
- Why this job: Make an impact by navigating complex legal issues in a dynamic environment.
- Qualifications: Qualified Solicitor or Barrister with 3-8 years PQE and financial services experience.
The predicted salary is between 60000 - 80000 £ per year.
Responsibilities include serving as a trusted internal resource and key legal advisor on significant business transactions, regulatory matters, and strategic initiatives. Liaising with a variety of key BNY stakeholders, including lines of business, business partners, and senior leadership, to ensure that any material legal issues are properly identified, escalated, and mitigated. Managing the drafting and negotiation of a variety of service agreements with clients, and related provider agreements with third-party banks that underpin BNY’s custody service offering. Demonstrating the ability to handle a broad portfolio of legal issues. Working collaboratively, seeking guidance and input from colleagues throughout the organization to ensure solutions align to global legal strategies. Partnering with colleagues who also serve in an advisory or oversight capacity, such as those in Risk, Audit, Compliance, etc. Managing outside counsel, reviewing work for appropriateness, quality, and alignment to expectations. Developing a broad understanding of BNY products and services.
Qualifications:
- A qualified Solicitor or Barrister currently licensed to practice in either Ireland or the UK (or equivalent qualifying location) with ideally 3-8 years PQE, relevant experience gained from a leading law firm.
- Prior substantive knowledge and experience in the Financial Services industry (e.g., Investment Servicing or Investment Management) is preferred.
- Experience of outsourcing, custody, cross-border activities, and/or MiFID is desirable.
- Excellent verbal, written, and interpersonal communication skills.
- A clear communicator that can deliver legal advice in layman’s terms and lead discussions with relevant stakeholders.
- Excellent legal and business judgment as well as strong negotiation skills.
- Strong analytical, problem-solving, and drafting skills with proven ability to drive projects to completion.
- A team player with the ability to work collaboratively with colleagues.
- Ability to manage multiple projects and priorities in a fast-paced environment.
- Experience working with technology, software, digital assets, blockchain, data, and analytics legal issues is a strong plus.
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.
Counsel - Asset Servicing employer: BNY Mellon
Contact Detail:
BNY Mellon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Counsel - Asset Servicing
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join relevant groups on LinkedIn, and don’t be shy about reaching out to current employees at BNY. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Ace the Informational Interview
If you can, set up informational interviews with professionals in the field. This is your chance to ask questions about their experiences and get insider tips on what BNY looks for in candidates. Plus, it shows your genuine interest in the role!
✨Showcase Your Skills
When you get the chance to meet potential employers, make sure to highlight your relevant skills and experiences. Use specific examples from your past work that demonstrate your ability to handle complex legal issues and collaborate effectively with teams.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and really interested in joining the BNY team.
We think you need these skills to ace Counsel - Asset Servicing
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your relevant experience in asset servicing and financial services. We want to see how your skills align with the responsibilities outlined in the job description.
Showcase Your Legal Expertise: Don’t forget to emphasise your qualifications as a Solicitor or Barrister, along with your PQE. We’re looking for candidates who can demonstrate their legal knowledge and experience in a clear and concise manner.
Communicate Clearly: Since excellent communication skills are key for this role, ensure your written application is well-structured and free of jargon. We appreciate candidates who can convey complex legal concepts in layman’s terms.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at BNY Mellon
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of financial services law, especially around custody and outsourcing. Be ready to discuss how your experience aligns with the responsibilities outlined in the job description.
✨Showcase Your Communication Skills
Since you'll need to explain complex legal concepts in simple terms, practice articulating your thoughts clearly. Consider using examples from your past work where you've successfully communicated with stakeholders.
✨Demonstrate Team Spirit
This role requires collaboration with various teams. Prepare to share instances where you've worked effectively with others, highlighting your ability to manage multiple projects and priorities in a fast-paced environment.
✨Prepare for Negotiation Scenarios
Given the importance of negotiation skills in this role, think about past negotiations you've led. Be ready to discuss your approach and any challenges you faced, as well as how you overcame them.