Senior Vice President, Counsel, Commercial Law Group

BNY Mellon

$200K — $250K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Qualified lawyer with a legal degree and 3-5 years of post-qualification experience in a leading law firm or financial institution.
  • Experience negotiating market data agreements and technology contracts.
  • Strong interest in AI, automation, and advanced legal technology.
  • Strong legal and analytical skills to navigate complex contracts and models.
  • Familiarity with regulatory requirements in financial services related to market data.

Responsibilities

  • Draft and negotiate vendor agreements, especially for market data and technology.
  • Act as a key legal advisor on BNY's market data strategy.
  • Partner with stakeholders for governance and risk management in vendor relationships.
  • Stay updated on market data licensing practices and regulatory changes.
  • Facilitate documentation updates in response to industry trends.

Benefits

  • Generous paid leaves, including paid volunteer time.
  • Access to flexible global resources for personal resilience and health.
  • Participation in company-sponsored medical, dental, vision, and life insurance plans.
  • 401(k) plan enrollment for eligible employees.
  • Focus on health and personal resilience as part of the company culture.
Full Job Description
Job Description

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 3-5 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.

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.

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