BNY Mellon’s Legal Department is seeking an experienced and highly competent senior banking attorney to join its team of lawyers that provides counsel and guidance to BNY Mellon’s Wealth Management business.

 

The Managing Counsel position will be responsible for providing legal advice to the various Private Banking business lines in connection with loans and deposits. This position reports to the Head of Wealth Management Legal. This position functions as the primary legal contact to the Private Banking business lines that offer loans and deposits, including escrow arrangements, to high net worth individuals (and their trusts, partnerships and holding companies) and entails providing legal advice to ensure that all products fully comply with the applicable regulatory requirements (Regs. B, E and Z), advising on proposed regulation, drafting and negotiating legal documentation for specific transactions, reviewing marketing materials, and providing strategic advice on the development of new products and services. The successful candidate will be expected to be a strategic partner to the business, advising on risks and controls and providing holistic, proactive legal guidance.

 

Preferred candidate should have a minimum of 12 years of legal experience in the financial services industry including significant experience in consumer and mass affluent banking, with a focus on deposit products, loans secured by marketable securities (Reg. U, UCC Articles 8 and 9, Rule 144) and residential mortgages (Regs. Z, X and C). International lending, experience with personal trusts, and lending on alternative investments and other high net worth/private banking products and service would be a plus.

Qualifications

Advanced Legal Degree. 12+ years within the Legal industry.

 

• Risk and control mindset that goes beyond the traditional practice of law
• Excellent leadership and counseling skills, with the gravitas to act as a strategic partner to the business
• Strong written and verbal communication skills
• High energy and able to operate independently in a fast-paced environment with the organization skills to meet deadlines while prioritizing among many important matters
• Strong knowledge of key consumer banking regulations and the regulatory systems applicable to national banks.
• Able to be proactive and provide practical legal advice, supporting the transformational growth of a key business line

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.
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 States-New York-New York
Internal Jobcode: 85116
Job: Legal
Organization: Legal-HR06241
Requisition Number: 2102290