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For Companies At a Glance
- Tasks: Lead negotiations and drafting of vendor agreements, focusing on tech contracts and governance frameworks.
- Company: Join BNY, a top global financial services firm influencing 20% of the world's investible assets.
- Benefits: Enjoy competitive pay, flexible resources, generous leave, and wellness programs to support your journey.
- Why this job: Be part of a culture that champions innovation, inclusion, and transformative solutions in finance.
- Qualifications: Qualified lawyer with 3+ years' experience in commercial law, strong analytical skills, and contract management knowledge.
- Other info: Work in Manchester or London and join a team recognised for its innovative legal practices.
The predicted salary is between 43200 - 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:
Here’s a few of our recent awards:
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
Legal 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 Year
- 2025 Pennsylvania Legal Awards – Winner: In-House Impact Award
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.
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 the latest trends in commercial law, especially regarding technology contracts and vendor management. This knowledge will not only help you during interviews but also demonstrate your proactive approach to staying updated in a fast-evolving field.
✨Tip Number 2
Network with professionals in the financial services sector, particularly those who work in legal roles. Attend industry events or webinars to connect with potential colleagues and gain insights into the company culture at BNY.
✨Tip Number 3
Prepare to discuss your experience with contract lifecycle management tools, as this is a plus for the role. Be ready to share specific examples of how you've used these tools to enhance efficiency in your previous positions.
✨Tip Number 4
Showcase your ability to manage multiple priorities by preparing examples from your past work where you successfully juggled various tasks. This will highlight your adaptability and organisational skills, which are crucial for the fast-paced environment at BNY.
We think you need these skills to ace Counsel - Commercial Law Group
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Counsel position in the Commercial Law Group. Tailor your application to highlight relevant experience in drafting and negotiating commercial and technology contracts.
Highlight Relevant Experience: In your CV and cover letter, emphasise your post-qualification experience, particularly any work with vendor agreements or regulatory compliance in the financial services sector. Use specific examples to demonstrate your legal and analytical skills.
Showcase Your Skills: Make sure to showcase your strong communication and collaboration skills in your application. BNY values effective teamwork, so provide examples of how you've successfully worked across teams in previous roles.
Craft a Compelling Cover Letter: Write a tailored cover letter that reflects your enthusiasm for the role and the company culture at BNY. Mention your commitment to continuous learning and development, and how you align with their values of innovation and inclusion.
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 is essential for this role, practice articulating your thoughts clearly and concisely. Be ready to explain complex legal concepts in simple terms, as you may need to collaborate with non-legal teams 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, regulatory changes, and best practices in vendor management. Mention any relevant training or certifications you've pursued.
