Job DescriptionIn this role, you'll make an impact in the following ways:
- Advise on all aspects of corporate trust, commercial lending and global payments and trade transactions, products, programs, platforms, processes and related matters
- Negotiate and draft transactional agreements for the corporate trust business- including a broad range of structured finance, corporate debt, government, custody, escrow, insurance trust and public not-for-profit related agreements
- Structure, document, negotiate and close commercial lending transactions
- Negotiate and draft transactional agreements for BNY Mellon's Global Payments and Trade business - including those related to supply chain finance, receivables finance, risk distribution, white label outsourcing, global banking terms for payments and liquidity services, and a broad range of traditional trade-finance products such as letters of credit, trade loans and the discounting of instruments and documents
- Manage escalations from various business stakeholders internally and outside counsel on transactional and documentation issues
- Assist on special, regional and global projects as required for the Corporate Trust, Credit Services, and Global Payments and Trade businesses
- At times interact with senior management and relevant business stakeholders
- Partner with control functions serving in an advisory or oversight capacity, such as Risk, Audit and Compliance
- Manage outside counsel and advise on business, regulatory and legal developments
- Collaborate with other Issuer Services Legal Team members, as needed
- Negotiate servicing outsourcing contracts
To be successful in this role, we're seeking the following:
- Juris Doctor from an accredited law school and a member of the Pennsylvania or New York Bar.
- 3-7 years' minimum of total work experience as a qualified attorney, including representing major financial institutions in corporate trust transactions.
- Commercial lending, fund finance or supply chain finance a plus
- Cross-border transactional experience a plus
- Ability to handle a diverse and demanding workload
- Excellent negotiation, analytical, problem-solving, drafting and communications skills
- Ability to function independently, but also as part of effective teams
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.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
