At a Glance
- Tasks: Draft and negotiate vendor agreements, focusing on market data and tech contracts.
- Company: Join BNY, a leading financial institution with a commitment to excellence.
- Benefits: Competitive pay, flexible resources, generous leave, and wellbeing programs.
- Other info: Dynamic, fast-paced environment with opportunities for continuous learning and growth.
- Why this job: Shape the future of market data strategy while collaborating with diverse teams.
- Qualifications: Qualified lawyer with 5+ years' experience in commercial law and market data.
The predicted salary is between 60000 - 80000 € per year.
We’re seeking a future team member for the role of Counsel to join our Commercial Law Group. This role is located in London or Manchester.
Responsibilities
- Structuring, drafting, and negotiating a broad range of vendor agreements, with a particular focus on market data and technology‑related contracts.
- Acting as a key legal advisor on BNY’s market data strategy, partnering with stakeholders across the business, Legal, and sourcing teams to help shape and support strategic direction.
- Partnering with internal and external stakeholders to support governance, sourcing, and risk management activities in connection with market data procurement and other vendor relationships.
- Keeping up to date with developments in market data licensing practices, regulatory expectations, and industry trends, and assisting with corresponding updates to documentation, processes, and approaches.
Qualifications
- Qualified lawyer with a legal degree and 5+ years of post‑qualification experience, ideally gained at a leading law firm or financial institution.
- Demonstrated experience negotiating and advising on market data agreements, technology, and other commercial arrangements.
- Demonstrated experience or strong interest in AI, automation, and advanced legal technology.
- Strong legal and analytical skills, with the ability to navigate complex contractual frameworks and commercial models.
- Familiarity with regulatory requirements and supervisory expectations relevant to market data and third‑party service arrangements in the financial services sector.
- Ability to manage multiple priorities in a fast‑paced, global environment.
- Commercially minded, pragmatic, and adaptable, with a solutions‑orientated approach.
- 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.
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.
Equal Employment Opportunity
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
Counsel, Commerical Law Group employer: BNY
At BNY, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London or Manchester. Our culture fosters collaboration and innovation, providing employees with ample opportunities for professional growth and development, particularly in the evolving fields of market data and technology. With competitive compensation, generous benefits, and a commitment to employee wellbeing, we empower our team members to thrive both personally and professionally while making a meaningful impact in the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Counsel, Commerical Law Group
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who work with market data and technology contracts. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of current trends in market data licensing and regulatory expectations. We want you to show off your expertise and how it aligns with the role, so be ready to discuss real-world examples!
✨Tip Number 3
Don’t forget to showcase your adaptability and solutions-oriented mindset during interviews. Share stories where you’ve navigated complex contractual frameworks or tackled challenges head-on – it’ll make you stand out as a candidate who can thrive in a fast-paced environment.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s get you on board!
We think you need these skills to ace Counsel, Commerical Law Group
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the role of Counsel in our Commercial Law Group. Highlight your experience with vendor agreements and market data contracts, as these are key to what we’re looking for.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about commercial law and how your background aligns with our needs. Don’t forget to mention your interest in AI and legal tech, as we value innovation.
Showcase Your Communication Skills:As a Counsel, you’ll need to collaborate with various teams. In your application, demonstrate your strong communication skills by providing examples of how you’ve effectively worked with stakeholders in the past.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at BNY
✨Know Your Contracts
Make sure you brush up on your knowledge of vendor agreements, especially those related to market data and technology. Be prepared to discuss specific examples from your past experience where you've successfully negotiated similar contracts.
✨Stay Current with Industry Trends
Familiarise yourself with the latest developments in market data licensing practices and regulatory expectations. This will not only show your commitment to continuous learning but also help you engage in meaningful discussions during the interview.
✨Showcase Your Collaboration Skills
Since this role involves partnering with various stakeholders, be ready to share examples of how you've effectively collaborated across teams. Highlight your communication skills and any successful outcomes from these partnerships.
✨Demonstrate Your Problem-Solving Approach
Prepare to discuss how you've navigated complex contractual frameworks in the past. Use specific scenarios to illustrate your commercially minded, pragmatic approach to finding solutions in a fast-paced environment.
