Senior Vice President, Counsel - BNY Issuer Services (Credit Services, Global Payments and Trade and Credit Services)

About the role

The Senior Vice President, Counsel role supports the Credit Services, Global Payments and Trade, and Corporate Trust lines of business at BNY Issuer Services. This role is based in Pittsburgh, PA or New York, NY.

Responsibilities

• Advise on all aspects of commercial lending, global payments and trade, and corporate trust transactions, products, programs, platforms, processes, and related matters.
• Structure, document, negotiate, and close commercial lending transactions.
• Negotiate and draft transactional agreements for BNY Mellon’s Global Payments and Trade business, including those related to supply chain finance, receivables finance, risk distribution, white label outsourcing, global banking terms for payments and liquidity services, and a broad range of traditional trade-finance products such as letters of credit, trade loans, and the discounting of instruments and documents.
• Negotiate and draft transactional agreements for the corporate trust business, including a broad range of structured finance, corporate debt, government, custody, escrow, insurance trust, and public not-for-profit related agreements.
• Manage escalations from various business stakeholders internally and outside counsel on transactional and documentation issues.
• Assist on special, regional, and global projects as required for the Credit Services, Global Payments and Trade, and Corporate Trust businesses.
• Partner with senior management and relevant business stakeholders.
• Collaborate with control functions serving in an advisory or oversight capacity, such as Risk, Audit, and Compliance.
• Manage outside counsel and advise on business, regulatory, and legal developments.

Requirements

• Juris Doctor from an accredited law school and a member of the Pennsylvania or New York Bar.
• 3-7 years’ minimum of total work experience as a qualified attorney, including representing major financial institutions in lending transactions.
• Commercial real estate, fund finance, or supply chain finance a plus.
• Cross-border transactional experience a plus.
• Excellent negotiation, analytical, problem-solving, drafting, and communications skills.
• Ability to handle a diverse and demanding workload.
• Ability to function independently, but also as part of effective teams.

Qualifications

• Experience in advising on commercial lending, global payments and trade, and corporate trust transactions.
• Knowledge of and experience with cross-border transactions.
• Strong negotiation and drafting skills.
• Proven ability to manage complex and diverse workloads.
• Experience working with senior management and business stakeholders.
• Experience collaborating with control functions such as Risk, Audit, and Compliance.
• Experience managing outside counsel.

Skills

• Strong negotiation and drafting skills.
• Proven ability to manage complex and diverse workloads.
• Experience working with senior management and business stakeholders.
• Experience collaborating with control functions such as Risk, Audit, and Compliance.
• Experience managing outside counsel.

Benefits

• Competitive compensation package.
• Flexible global resources and tools for your life’s journey.
• Health, dental, vision, and life insurance plans.
• Paid time off benefits, including vacation and sick time.
• Discretionary incentive awards.
• 401(k) plan eligibility.

Pay

BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting. Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience.

Schedule

At BNY, we offer an "at will" position, meaning the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.