Director, Managing Counsel - BNY Issuer Services (Corporate Trust, Credit Services and Global Payments and Trade)

The Bank of New York Mellon Corp

  • Pittsburgh, PA
  • 30+ days ago

    Highlights

    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. 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.

    Numbers & Facts

    LocationPittsburgh, PA

    Description

    In 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

    At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

    Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

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