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Senior Vice President, Counsel-BNY Mellon Corporate Trust and Treasury Services (Payments and Liquidity Services)

Posted Jun 07
Full Time
Pittsburgh, Pennsylvania

Job Description

_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 240 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 is all about.

We are seeking an energetic self-starter for a unique opportunity to assume the role of Counsel on the Investment Services Legal team supporting each of our North American Corporate Trust business and our global Treasury Services business (with primary focus on Payments and Liquidity Services). This role is located in Pittsburgh, PA – working on a hybrid schedule.

In this role, you will make an impact in the following ways:

  • Negotiate and draft transactional agreements for BNY Mellon’s US Corporate Trust business– including a broad range of public not-for-profit related agreements, escrow, insurance trust, structured finance and custody agreements
  • Document and negotiate global banking agreement terms with Treasury Services clients, working closely with the contract management team supporting Payments and Liquidity Services
  • Manage escalations from various business stakeholders internally and outside counsel on transactional and documentation issues
  • Advise on all aspects of (i) corporate trust and (ii) payments and liquidity services transactions, products, programs, platforms, processes and related matters
  • Assist on special, regional and global projects as required for the Corporate Trust and Treasury Services (Payments and Liquidity Services) 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 the Treasury Services Trade Finance Legal Team, 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.
  • 1-3 years’ experience across a broad range of transactions in finance, debt capital markets and banking (with a preference for corporate trust and/or cash management transactions representing major financial institutions)
  • Ability to handle a diverse and demanding workload
  • Excellent negotiation, analytical, problem-solving, drafting and communications skills
  • Ability to function independently, but also to function as part of effective teams
  • Public Not-For-Profit experience, cross-border transactional experience and experience with digital assets/payment platforms a plus
  • Some familiarity with (i) Regulations CC, E, and J, (ii) UCC 3, 4 and 4A and NACHA Rules a plus

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’
  • Forbes Blockchain 50

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.

About Us

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 & 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.