At a Glance
- Tasks: Draft and negotiate vendor agreements, focusing on market data and technology contracts.
- Company: Join BNY, a leading global financial services company with a culture of innovation.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment.
- Other info: Collaborative team culture with a focus on continuous learning and development.
- Why this job: Make an impact in finance while working with cutting-edge AI and legal tech.
- Qualifications: Qualified lawyer with 5+ years' experience in commercial law and market data agreements.
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.
In this role, you’ll make an impact in the following ways:
- 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.
To be successful in this role, we’re seeking the following:
- 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.
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, 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.
Counsel, Commerical Law Group in Westminster employer: BNY
At BNY, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Located in the vibrant cities of London and Manchester, our team members benefit from continuous learning opportunities and the chance to work with cutting-edge technology in the financial services sector. Join us to be part of a forward-thinking organisation that values your contributions and supports your professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Counsel, Commerical Law Group in Westminster
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who work in commercial law or at financial institutions. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of market data agreements and technology contracts. We recommend practising common interview questions and scenarios related to these topics to show you’re the right fit for the role.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, send a quick thank-you email to express your appreciation and reiterate your interest in the position. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Apply through our website for the best chance at landing that Counsel role! We make it easy for you to showcase your skills and experience directly to the hiring team, so don’t miss out on this opportunity.
We think you need these skills to ace Counsel, Commerical Law Group in Westminster
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 this is key for us.
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!
Showcase Your Communication Skills:As a strong communicator, you’ll need to demonstrate this in your application. Use clear and concise language, and make sure to convey your ability to collaborate effectively across teams.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity in our team!
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 ready to discuss specific examples from your past experience where you successfully negotiated or structured similar contracts.
✨Stay Current with Industry Trends
Familiarise yourself with the latest developments in market data licensing practices and regulatory expectations. Showing that you’re proactive about keeping up-to-date will demonstrate your commitment to continuous learning and your ability to adapt in a fast-paced environment.
✨Showcase Your Collaboration Skills
Prepare to discuss how you've partnered with various stakeholders in previous roles. Highlight your communication skills and provide examples of how you’ve effectively collaborated across teams to achieve common goals, especially in legal advisory contexts.
✨Be Solutions-Oriented
During the interview, focus on your pragmatic approach to problem-solving. Share instances where you’ve navigated complex contractual frameworks and provided innovative solutions, showcasing your commercial mindset and adaptability.
