Full-Time Counsel – Commercial Law Group
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 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 – Commercial Law Group to join our Legal team. This role is located in Manchester or Edinburgh
Job Purpose/Responsibilities
This is a position in the Commercial Law Group (CLG) of the BNY Mellon Legal Department, involving vendor management and other third-party governance activities. This position will engage in negotiations of vendor contracts focusing primarily on technology procurement (e.g., software development, licensing and maintenance agreements, application hosting agreements, outsourcing agreements and hardware leasing and purchase agreements) as well as agreements for procurement of other goods and services including consulting services, business process outsourcing, and information technology-related services. This position will also support and advise the firm’s Third-Party Governance and Procurement groups to maintain, enhance and execute a robust governance program that complies with all applicable global regulations and the firm’s risk appetite. This includes keeping up to date on the latest regulatory developments in the fields of vendor management and third-party governance, guiding the implementation of changes necessary to comply with regulatory changes, advising Line of Business attorneys in client contract negotiations, and assistance in preparations for discussions with and examinations by regulatory agencies.
Requirements:
- Legal Degree, previous experience working in Legal practice focusing on negotiating software licensing and development contracts, technology and business outsourcing transactions
- 3 years + PQE in a law firm or in-house legal department. In-house experience at a financial institution is an advantage
- Experience with vendor management and third party governance
- Demonstrable ability to quickly analyse problems and to devise and deliver appropriate solutions;
- Knowledge of regulatory guidance on outsourcing and other third party relationships (e.g., EBA, FFIEC, HKMA)
- Knowledge of global privacy laws (e.g., GDPR, GLBA, CCPA) is a plus
- Ability to handle and prioritize multiple tasks to deliver timely, excellent work product in a pressurized environment.
- Ability to interact effectively with and guide clients and legal counsel.
- Excellent written and oral communication skills.
- Experience with contract lifecycle management tools is a plus.
- Creative thinker with a high degree of self-motivation and ability to work both independently and as part of a global team
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)
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score
- 100 Best Workplaces for Innovators, Fast Company
- Human Rights Campaign Foundation, 100% score Corporate Equality Index
- 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.
How to Apply
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