Overview 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 is all about.
We are seeking an energetic self-starter for a unique opportunity to assume the role of Counsel on the Investment Services Legal team supporting each of our Credit Services and Trade Finance businesses. Credit Services is the traditional lending business of BNY Mellon and consists of Institutional Lending, Syndications, Real Estate & Mortgage Banking and Credit Management. Credit Services focuses on positioning the bank's balance sheet to generate assets and net interest income and to broadly support strategic client relationships while taking an appropriate level of risk. Trade Finance is part of BNY Mellon's Treasury Services business which has an integral role within BNY Mellon's Global Market Infrastructure business, combining leading treasury solutions with industry expertise to help organizations optimize cash flows, maintain liquidity, manage risk and move money across the globe.
This role is located in Pittsburgh, PA - working on a hybrid schedule. In this role, you will make an impact in the following ways: - Advise on all aspects of commercial lending and trade finance 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 Trade Finance business- including those related to supply chain finance, receivables finance, risk distribution, white label outsourcing, and a broad range of traditional trade-finance products such as letters of credit, trade loans and the discounting of instruments and documents
- 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 and Trade Finance businesses
- At times interact with senior management and relevant business stakeholders
- Partner 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
- Collaborate with the Treasury Services Payments and Liquidity Services Legal Team, as needed
- Negotiate servicing outsourcing contracts
To be successful in this role, we're seeking the following: - Juris Doctor from an accredited law school and a member of the Pennsylvania or New York Bar.
- 5 years' minimum of total work experience as a qualified attorney, preferably representing major financial institutions in lending transactions.
- Commercial real estate, fund finance or supply chain finance a plus
- Cross-border transactional experience a plus
- Ability to handle a diverse and demanding workload
- Excellent negotiation, analytical, problem-solving, drafting and communications skills
- Ability to function independently, but also to function as part of effective teams
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,
- Best Places to Work for Disability Inclusion , Disability: IN - 100% score,
- "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.
Employer Description:
For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.
EEO Statement:
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.