Counsel - Cross Markets, CCM, CIO & International Treasury Regulatory
Location: Manchester, United Kingdom
Type: Full Time
Internal Number: 20246324
Overview 45729 - Counsel - Cross Markets, Legal Department Bring your ideas. Make history. BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the "bank of banks" - 97% of the world's top banks work with us as we lead and serve our customers into the new era of digital. With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we're approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about. We're seeking a future team member for the role of Counsel to join our EMEA Cross Markets & Clearance and Collateral Management (" CCM") & International Treasury Regulatory Legal team. This role is located in UK - minimum of 3 days in office per week. In this role, you'll make an impact in the following ways:
The successful candidate will be part of the Cross Markets, CCM & International Treasury Regulatory Legal team, focusing on regulatory matters impacting all Markets, CCM and International Treasury businesses, including advising on, and assisting with, EU and UK regulatory change and strategic and unprecedented legal initiatives for BNYM's EMEA legal entities.
Key responsibilities will include: ??? Work closely with and support the Senior Managing Counsel in the Cross Markets, CCM & International Treasury Regulatory Legal team. ??? Advise on law and regulation applicable in the UK and EU and identify the impact on Markets, CCM and International Treasury, working together with the relevant line of business lawyers. ??? Identify regulatory change affecting template documents across Markets, CCM and International Treasury and advise on necessary amendments required to ensure contracts remain compliant with local law and regulation. ??? Coordinate with the public policy and regulatory affairs team to keep abreast of horizon scanning and work closely with line of business lawyers to assist with regulatory change and strategic initiative implementation. ??? Advise business managers, relationship managers, commercial and back-office teams as well as Compliance, Risk and Credit officers on legal and regulatory issues that arise in connection with the Markets business. ??? Provide updates on regulatory matters to business risk committees and other relevant committees for EMEA Markets. ??? Engage and manage outside counsel in accordance with corporate guidelines. ??? Liaise with legal colleagues in other jurisdictions (including with Markets, CCM and International Treasury coverage lawyers in the EU, US and APAC), including obtaining advice on law and regulation from legal colleagues in such jurisdictions. ??? Represent EMEA legal in working on new projects, regulation and initiatives generally across Markets, CCM and International Treasury in EMEA. ??? Support International businesses in EMEA, maintaining essential market access/licensing advice in the EMEA region. To be successful in this role, we're seeking the following:
A law degree and qualified as a solicitor or equivalent with ideally 5-8 years' PQE with equivalent length of legal experience in the financial services sector (preferably with some in-house experience).
Experienced in, advising on regulatory change.
Experience of any of derivatives, collateral services (including triparty collateral management), custody and clearing, securities lending agreements generally would also be an advantage.
This role will present an opportunity to develop, and gain experience of those areas in which the candidate is not familiar. It is therefore important that any candidate is adaptable and dynamic, willing to take on new challenges and expand their experience.
Strong communication, drafting, negotiation and interpersonal skills.
Strong analytical and problem-solving skills.
Highest standards of integrity and ethics.
Ability to work in (an at times) fast paced environment and sometimes under pressure.
At BNY Mellon, our inclusive culture speaks for itself. Here's a few of our awards:
Fortune World's Most Admired Companies & Top 20 for Diversity and Inclusion
Bloomberg's Gender Equality Index (GEI)
Human Rights Campaign Foundation, 100% score Corporate Equality Index
Best Places to Work for Disability Inclusion , Disability: IN - 100% score
100 Best Workplaces for Innovators, Fast Company
CDP's Climate Change 'A List'
Our Benefits: BNY Mellon 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 that can support you and your family through moments that matter. BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.