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Counsel - Liquidity & Finance

  • Job
    Full-time
    Senior Level
  • Legal
  • London

AI generated summary

  • You must be a qualified Solicitor/Barrister (5+ years PQE) with product legal experience, knowledge of liquidity and securities finance, strong drafting skills, and a collaborative attitude.
  • You will provide legal advice, draft and negotiate contracts, support product development, monitor regulatory changes, collaborate within the legal team, and assist senior members on various initiatives.

Requirements

  • A qualified Solicitor or Barrister currently licensed to practice in England & Wales with ideally 5+ years PQE, with relevant experience gained from a leading law firm or financial institution
  • Strong product legal/commercial contractual negotiation experience
  • Knowledge of one or more of liquidity, custody, collateral, execution services and securities finance products is essential
  • Knowledge of some or all of the regulation applicable to the above products (including CASS, MIFID (including UK equivalent) and PSD2)
  • Understanding of English law security structures
  • Strong legal advisory skills and attention to detail
  • Strong drafting and negotiating skills
  • Able to work under pressure and manage competing priorities
  • Commercial, practical and flexible attitude
  • Able to work collaboratively with strong communication skills
  • Intellectually curious, adaptable, and committed to continuous growth
  • Enthusiastic in engaging in and developing a culture of diversity, equity and inclusion

Responsibilities

  • Support the execution of strategic business initiatives through the provision of precise and commercial legal advice and solutions.
  • Draft, review and negotiate contracts efficiently with clients and third parties.
  • Advise and support the development and deployment of new products and change program in line with applicable law & regulation.
  • Stay ahead of relevant legal and regulatory developments, to effectively support the business in managing legal and regulatory risks.
  • Collaborate and support knowledge transfer within the legal department.
  • Support senior legal team members on a wide range of legal department initiatives.

FAQs

What is the job title for this position?

The job title for this position is Counsel - Liquidity & Finance.

Where is this position based?

This position is based in the United Kingdom, specifically in London or Manchester.

What kind of experience is required for this role?

Candidates should ideally have 5+ years of PQE with relevant experience gained from a leading law firm or financial institution.

What are the main responsibilities of this role?

Main responsibilities include providing precise and commercial legal advice, drafting and negotiating contracts, advising on new products and regulatory developments, and collaborating with the legal department.

What qualifications must a candidate possess?

A candidate must be a qualified Solicitor or Barrister currently licensed to practice in England & Wales.

What products should candidates have knowledge of for this role?

Candidates should have knowledge of liquidity, custody, collateral, execution services, and securities finance products.

Are there specific regulations that candidates should be familiar with?

Yes, candidates should be familiar with regulations such as CASS, MIFID (including the UK equivalent), and PSD2.

What skills and attributes are important for success in this position?

Important skills and attributes include strong legal advisory skills, drafting and negotiating expertise, the ability to work under pressure, a commercial attitude, and strong communication skills.

Is there a focus on diversity and inclusion in the workplace?

Yes, BNY places a strong emphasis on engaging in and developing a culture of diversity, equity, and inclusion.

What benefits and rewards does BNY offer?

BNY offers competitive compensation, benefits, wellbeing programs, generous paid leaves, and access to flexible global resources for personal and professional growth.

Consider Everything

Finance
Industry
10,001+
Employees
1784
Founded Year

Mission & Purpose

Established in 1784, BNY Mellon is America’s oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). Today, BNY Mellon powers capital markets around the world through comprehensive solutions that help clients manage and service their financial assets throughout the investment life cycle. BNY Mellon had $46.9 trillion in assets under custody and/or administration and $1.9 trillion in assets under management as of June 30, 2023. BNY Mellon has been named among Fortune’s World’s Most Admired Companies and Fast Company’s Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation.