About this opportunity
BNY lists this Director, Managing Counsel (FIEQ) opportunity in new york, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
We're seeking a future team member for the role of Director, Managing Counsel to join our Markets Legal team supporting BNY's Fixed Income and Equities (FIEQ) institutional sales and trading businesses. A successful candidate will work closely with our business partners involved in an array of broker‑dealer and bank services including institutional trading of equity and fixed income securities, originations of equity and fixed income instruments, ETFs, and municipal securities offerings, and the offering of outsourced trading services. Experience in the prime brokerage space would also be helpful. This role is located in Pittsburgh PA, Lake Mary FL or New York NY.
In this role, you'll make an impact in the following ways:
Providing advice and assistance to business, Credit, Risk and Compliance partners concerning legal, regulatory and reputational issues arising from FIEQ businesses
Advising on new markets, new product and service development, and strategic business initiatives
Working closely with business managers and BNY control functions (Compliance, Credit, Risk, Legal) to ensure understanding of the bank's regulatory and contractual obligations
Drafting, reviewing and negotiating legal contracts and other documents
Monitoring, interpreting and communicating on proposed regulations and their application to the business
Overseeing and managing the retention of outside counsel on business initiatives and other matters
Maintaining an understanding of global regulatory issues impacting the business through engagement with APAC and EMEA colleagues
To be successful in this role, we're seeking the following:
Law degree (J.D.) and licensed to practice law in New York, Pennsylvania or Florida
Minimum 12 years of experience at a law firm and/or large financial institution covering fixed income and equity sales and trading activities
Experience with industry standard trading agreements:
Knowledge of current regulatory issues impacting institutional sales and trading and capital markets businesses
Excellent verbal and written communication skills and the ability to interact professionally with a diverse group of executives, managers, and subject matter experts
Problem solving orientation and an ability to identify practical solutions
Detail oriented, with ability to multi‑task and prioritize to meet deadlines
The ability to be a proactive, dynamic member of the BNY Legal Department
Client‑orientation and an ability to cultivate good working relationships with business and other colleagues
Flexible and adaptable working style able to handle a demanding workload and changing priorities
Experience in appropriately balancing commercial flexibility and legal risk management.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $147,000 and $240,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long‑term incentive packages, and Company‑sponsored benefit programs. This position is at‑will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.
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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.