At a Glance
- Tasks: Lead negotiations and drafting of vendor agreements, focusing on tech contracts and governance frameworks.
- Company: Join BNY, a global leader in financial services, shaping the future of finance with innovation and inclusion.
- Benefits: Enjoy competitive pay, flexible resources, generous leave, and wellness programs to support your journey.
- Why this job: Be part of a dynamic team driving transformative solutions that uplift communities and redefine industries.
- Qualifications: Qualified lawyer with 3+ years' experience in commercial law, strong analytical skills, and a collaborative mindset.
- Other info: Work in Manchester or London and be part of a culture that champions innovation and continuous learning.
The predicted salary is between 48000 - 72000 ÂŁ per year.
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 Commercial Law Group Counsel to join our Legal team. This role is located in Manchester or London, UK.In this role, you’ll make an impact in the following ways:Lead the structuring, drafting, and negotiation of a broad range of vendor agreements, with a particular emphasis on technology-related contracts, outsourcing arrangements, and other agreements governing the supply of goods and services.Advise and support the Enterprise Sourcing Office in maintaining and enhancing a robust governance framework. This includes aligning practices with global regulatory expectations and the firm’s risk appetite. You’ll stay informed on developments in vendor management and third-party governance, help guide necessary adjustments, and support preparations for regulatory engagements and examinations.To be successful in this role, we’re seeking the following:Qualified lawyer with a legal degree and 3+ years of post-qualification experience, ideally gained at a leading law firm or financial institution.Strong legal and analytical skills, with experience drafting and negotiating commercial and technology contracts.Familiarity with regulatory requirements applicable to third-party service arrangements in the financial services sector.Ability to manage multiple priorities in a fast-paced environment.Commercially minded, pragmatic, and adaptable.Strong communicator and effective collaborator across teams and functions.Curious, proactive, and committed to continuous learning and development.Experience with contract lifecycle management tools is a plus.At BNY, our culture speaks for itself, check out the latest BNY news at:BNY NewsroomBNY LinkedInHere’s a few of our recent awards:America’s Most Innovative Companies, Fortune, 2025World’s Most Admired Companies, Fortune 2025“Most Just Companies”, Just Capital and CNBC, 2025Legal Department Awards:FT Innovative Lawyers North America 2024 – Winner: Innovation in Operational Transformation (adoption of generative AI)Legalweek 2025 | ALM Law.com – Most Innovative Legal Department of the Year2025 Pennsylvania Legal Awards – Winner: In-House Impact AwardOur 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.
Counsel - Commercial Law Group employer: BNY
Contact Detail:
BNY Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Counsel - Commercial Law Group
✨Tip Number 1
Familiarise yourself with BNY's culture and values. Understanding their commitment to innovation and inclusion will help you align your responses during interviews, showcasing how your personal values resonate with theirs.
✨Tip Number 2
Stay updated on the latest trends in commercial law and technology contracts. Being knowledgeable about current regulatory requirements and vendor management practices will demonstrate your proactive approach and expertise in the field.
✨Tip Number 3
Network with professionals in the financial services sector, especially those who work at BNY or similar companies. Engaging with them can provide insights into the company’s hiring process and culture, which can be invaluable during your application.
✨Tip Number 4
Prepare for situational interview questions that assess your ability to manage multiple priorities and collaborate across teams. Think of specific examples from your past experience that highlight your skills in these areas, as they are crucial for this role.
We think you need these skills to ace Counsel - Commercial Law Group
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in commercial law, particularly in drafting and negotiating technology contracts. Use specific examples that demonstrate your legal and analytical skills.
Craft a Compelling Cover Letter: Write a cover letter that reflects your understanding of BNY's culture and values. Emphasise your adaptability, commercial mindset, and commitment to continuous learning, linking these traits to the role of Counsel in the Commercial Law Group.
Showcase Relevant Experience: In your application, clearly outline your post-qualification experience, especially if it was gained at a leading law firm or financial institution. Highlight any familiarity with regulatory requirements in the financial services sector.
Proofread and Edit: Before submitting your application, thoroughly proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in the legal field.
How to prepare for a job interview at BNY
✨Understand the Role
Make sure you thoroughly understand the responsibilities of the Commercial Law Group Counsel position. Familiarise yourself with vendor agreements, technology contracts, and the regulatory landscape in financial services. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Your Experience
Prepare to discuss your post-qualification experience, particularly any relevant work at law firms or financial institutions. Highlight specific examples of contracts you've drafted or negotiated, especially those related to technology and outsourcing, to illustrate your expertise.
✨Demonstrate Communication Skills
As a strong communicator, be ready to showcase your ability to collaborate across teams. Practice articulating complex legal concepts in simple terms, as this will be crucial when advising non-legal stakeholders within the company.
✨Emphasise Continuous Learning
BNY values curiosity and a commitment to continuous development. Be prepared to discuss how you stay updated on legal trends and regulatory changes, and share any relevant training or certifications that demonstrate your proactive approach to learning.