Logo of Huzzle

Counsel - Liquidity & Financing

image

BNY Mellon

10d ago

  • Job
    Full-time
    Senior Level
  • Legal
  • London

AI generated summary

  • You need 5+ years PQE as a solicitor/barrister, strong in product law & contracts, knowledge of liquidity & finance regulations, and excellent drafting, negotiation, and advisory skills.
  • You will provide legal advice, draft and negotiate contracts, support product development, monitor legal changes, facilitate knowledge sharing, and assist senior legal team members.

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 primary location for the Counsel - Liquidity & Financing role?

The role is based in the United Kingdom, specifically in either London or Manchester.

What qualifications are required for this position?

A qualified Solicitor or Barrister licensed to practice in England & Wales is required, ideally with 5+ years PQE and relevant experience from a leading law firm or financial institution.

Is experience in specific financial products necessary for this role?

Yes, knowledge of liquidity, custody, collateral, execution services, and securities finance products is essential.

What regulatory knowledge is expected from candidates?

Candidates should have knowledge of regulations applicable to liquidity and financing products, including CASS, MIFID (including the UK equivalent), and PSD2.

Are strong drafting skills important for this position?

Yes, strong drafting and negotiating skills are crucial for the role.

What type of legal advisory skills are expected?

Strong legal advisory skills, attention to detail, and the ability to work under pressure while managing competing priorities are expected.

Does the company value diversity and inclusion?

Yes, BNY is committed to developing a culture of diversity, equity, and inclusion.

What benefits does BNY offer for employees?

BNY offers competitive compensation, benefits and wellbeing programs, flexible resources, generous paid leaves, and paid volunteer time.

Does the role involve collaboration with other team members?

Yes, collaboration and support are key aspects of this role, including knowledge transfer within the legal department.

Are there opportunities for career growth in this position?

Yes, the position welcomes individuals who are intellectually curious, adaptable, and committed to continuous 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.