Senior Director, Senior Managing Counsel- Fixed Income and Equities (FIEQ)

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We’re seeking a future team member for the role of Senior Director, Senior Managing Counsel to join our Markets Legal team supporting BNY’s Fixed Income and Equities (FIEQ) institutional sales and trading businesses. A successful candidate will work closely with senior business managers involved in an array of broker-dealer and bank services including institutional trading of equity and fixed income securities, ETFs, equity and debt capital markets, municipal securities offerings, and outsourced trading.  This role is located in Pittsburgh PA, Lake Mary FL or New York NY Hybrid- 4 days/w in-office

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

• Providing advice and assistance to business, Credit, Risk and Compliance partners concerning legal, regulatory and reputational issues arising from FIEQ businesses.
• Advising on new markets, new product and service development, and strategic business initiatives.
• Working closely with business managers and BNY control functions (Compliance, Credit, Risk, Legal) to ensure understanding of the bank's regulatory and contractual obligations;
• Drafting, reviewing and negotiating legal contracts and other documents;
• Monitoring, interpreting and communicating on proposed regulations and their application to the business;
• Overseeing and managing the retention of outside counsel on business initiatives and other matters; and
• Maintaining an understanding of global regulatory issues impacting the business through engagement with APAC and EMEA colleagues.

To be successful in this role, we’re seeking the following:

• Law degree (J.D.) and licensed to practice law in New York Pennsylvania or Florida
• Minimum 12 years of experience at a law firm and/or large financial institution covering fixed income and equity sales and trading activities
• Experience with industry standard trading agreements
• Knowledge of current regulatory issues impacting institutional sales and trading and capital markets businesses.
• Excellent verbal and written communication skills and the ability to interact professionally with a diverse group of executives, managers, and subject matter experts
• Problem solving orientation and an ability to identify practical solutions
• Detail oriented, with ability to multi-task and prioritize to meet deadlines
• The ability to be a proactive, dynamic member of the BNY Legal Department
• Client-orientation and an ability to cultivate good working relationships with business and other colleagues;
• Flexible and adaptable working style able to handle a demanding workload and changing priorities; and
• Experience in appropriately balancing commercial flexibility and legal risk management.

At BNY, our culture speaks for itself. Here’s a few of our awards: 

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY 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, including paid volunteer time, that can support you and your family through moments that matter. 

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

 

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $136,500 and $275,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.