Overview Of BNY Mellon: For over 235 years, Bank of New York Mellon (BNY Mellon) has been at the center of the global financial markets, providing the world’s leading institutions the tools, capabilities, and services to be distinctive investors. BNY Mellon has approximately $16.5 billion in revenues and a 23% return on tangible common equity. BNY Mellon is a leader in the world of investment services and investment management, and our businesses support the full range of stakeholders of the financial system including: • Managing the custody of approximately $37 trillion financial assets of the world’s leading institutional investors, hedge funds, sovereign wealth funds, and corporates • Investing approximately $2 trillion as one of the largest global asset managers across a wide range of asset classes • Providing collateral, liquidity, and funding for the world’s largest banks through our markets franchise • Serving family offices and high net worth individuals through our wealth management franchise • Providing a full suite of solutions to advisors, broker-dealers, family offices, hedge and '40 Act fund managers, registered investment advisor firms and wealth managers • Advising large global corporations on a range of trust and other solutions • Providing integrated managed data services to asset managers Team Description: (Overview of the team) The EMEA Asset Servicing and Digital (“ASD”) team provides legal services to all EMA ASD lines of business (“LOBs”) which includes core asset servicing (custody and administration), Depositary Services, Alternative Investment Services (“AIS”) and global network lines of business (“LOBs”). The main team is based in London but works closely with colleagues in Edinburgh, Dublin, Brussels, Frankfurt, Luxembourg, and Amsterdam. The team also liaises frequently with colleagues in the United States and APAC region on the business lines it supports. In particular the team is responsible for: • Advising on law and regulation in the UK with insight and support from from EMEA legal colleagues, where applicable; • Preparation and maintenance of all contract templates ensuring continuous compliance with local law and regulation; • Contract negotiation and legal sign-off; • Advising on legal risk and other aspects of service provision and contractual arrangements; • Liaising with non – LOB teams including compliance, risk and product on legal matters applying to LOBs, including working with the broader legal team (e.g., Litigation team and Public and Regulatory Affairs; and • Attendance at LOB risk committees, business acceptance committees, regulatory committees and other governance bodies. The team has six London based ASD lawyers supporting key LOBs and entities in EMEA. The team forms part of a wider practice area in EMEA including lawyers in Edinburgh, Belgium, Germany, the Netherlands, Luxembourg and Ireland. Job Purpose: (What the job role involves) Your role will be to act as a senior lawyer responsible for supporting ASD EMEA business lines. You will have responsibility for global custody documentation and certain depositary related issues, settlement and ancillary matters across different markets and asset classes. Leading on legal negotiations and advising business colleagues, including at senior levels. LOB responsibility for regulatory change, liaising with regulatory legal team and others and also involvement in the Bank’s digital asset strategy as it relates to ASD. You will coordinate work with other lawyers in the EMEA Legal department, and jurisdictional specific lawyers, to deliver a high standard of legal advice that is tailored to BNYM’s business models. Responsibilities: (Key parts to the job role) The position involves reviewing and advising on: • Global Custody and Depositary Agreements and associated documentation; • Documents relating to other services provided by the ASD business; • Advise and prepare documentation in relation to internal and external outsourcing by ASD business, including Operations; • Negotiation of documents, which may or may not be based on BNYM standard agreements; • Contract implementation issues including conducting ongoing review and updating of BNYM standard form agreements; • Strategic project and product development work; • Assisting the business on regulatory issues where necessary, including maintaining an awareness and understanding of existing and proposed regulatory requirements, trends and best practices in EMEA and where applicable, the US, and assisting the business in maintaining an appropriate profile with industry groups and others on key issues; • Building relationships with the business to ensure understanding with BNYM’s contractual obligations, identify areas of improvement of documents and standards, advise on the documentation for new services and other strategic initiatives; • Instruction and management of external counsel (including assistance with analysis and collation of advice from such counsel); • Providing timely advice and assistance to the business, risk and compliance partners; • Represent Legal and actively participate in governance bodies, business steering committees and working groups; • Support to instruction and management of external counsel, (including assistance with analysis and collation of advice from such counsel); • Assistance with the development of formal training sessions for business colleagues on relevant topics, e.g. documentary standards/policies/market industry issues/legal issues; and • Supporting knowledge sharing within the legal team. Key relationships / stakeholders: • BNYM ASD senior management • Compliance & Ethics, including CASS Compliance • Public Policy & Regulatory Affairs (within EMEA Legal); • Risk Management • Network Management and Network Legal Functions • EMEA wide legal team • Global legal ASD team Qualifications Requirements; (what we are looking for) The successful candidate will have at least 8 to 10 years PQE with a legal background in custody or custody intensive businesses. The following technical skills and other experience is highly desirable: • Strong regulatory background and proven experience of project work with significant regulatory elements; • Excellent communication and writing skills; • Previous in-house legal and transaction banking operational experience at a global financial institution is helpful; • Deep knowledge of custody and market infrastructure arrangements and the applicable local/EU legislation and regulation; • Strong knowledge of one or more EMEA custody regulatory regimes; • Experience managing outside counsel; • Experience of interactions with wider business/risk/compliance colleagues • Leadership qualities and be prepared to develop working knowledge of others; • Good knowledge of sub-custodian arrangements; • Demonstrable ability to quickly analyse problems and to devise and deliver appropriate solutions. • Credible and strong stakeholder management experience, at all levels, with the ability to manage expectations appropriately; • Flexible and adaptable working style to react to changing priorities; and • Be self-motivated and takes the initiative to drive delivery against objectives. The candidate should also have: • Excellent interpersonal and communication; • Strong organisation skills; • Adept problem solving skills – ability to identify practical solutions; • Experience in balancing commercial flexibility and risk management; and • A willingness to work as part of a team and help out on all matters. BNY Mellon is an Equal Employment Opportunity Employer. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums. Primary Location: United Kingdom-Greater London-London Job: Legal Internal Jobcode: 85116 Organization: Legal-HR06241 Requisition Number: 2103129