Job Title: Senior Vice President, Counsel- BNY Pershing Wealth Services Platform
Location: New York, NY, United States • Pittsburgh, PA, United States • Lake Mary, FL, United States
Job Type: Hybrid (3 days in office)
Job ID: 63504
Overview:
At BNY, we value a culture of growth and success. As a leading global financial services company, our reach extends to nearly 20% of the world's investible assets. With over 50,000 employees worldwide, we bring diverse perspectives to the table to create solutions that benefit businesses, communities, and people everywhere. Our commitment to innovation and inclusivity has earned us recognition as a top home for talent and a leader in the industry. Join us and be a part of #LifeAtBNY.
Company Overview:
BNY is seeking a Senior Vice President, Counsel to support the BNY Pershing Wealth Services Platform and the broader BNY enterprise as needed. This role can be located in New York City, Pittsburgh, PA, or Lake Mary, FL and offers a hybrid work arrangement of 3 days in the office. As part of our Legal team, you will be a key advisor to the business, managing and negotiating contracts for a variety of services and providing general legal support to our broker-dealer, registered investment adviser, and technology affiliate. You will also play a crucial role in advising on new product development and regulatory risk management decisions, as well as collaborating with business leaders to develop legal and regulatory best practices.
Responsibilities:
- Report to the Head of BNY Pershing Legal and serve as a key advisor to the business.
- Manage and negotiate contracts for Pershing, including advisory, brokerage, technology, and operational services.
- Provide general legal support to the broker-dealer, registered investment adviser, and technology affiliate as needed.
- Advise on new product development and regulatory risk management decisions.
- Collaborate with business leaders to develop legal and regulatory best practices.
- Keep informed on legislation and rulemaking affecting business operations and developments in corporate and securities law practice, updating the team and management as appropriate.
Requirements:
- 3-7 years of legal experience, with at least 5 years of experience in contracts and investment advisory and/or broker-dealer issues.
- Prior corporate legal experience within the financial services industry or experience in assigned practice area (., securities, employment, etc.) with an outside law firm is preferred.
- Experience with a broker-dealer, registered investment adviser, or regulatory agency is preferred.
- Excellent oral and written communication skills, including strong presentation abilities.
- Strong interpersonal skills to influence and impact business decisions.
- Ability to work in a fast-paced, dynamic environment that requires hands-on support and business teamwork.
- Ideal candidate has in-house counsel experience.
Awards and Recognition:
- 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
Benefits and Rewards:
At BNY, we offer a highly competitive compensation package, including benefits and wellbeing programs rooted in our culture of excellence and pay-for-performance philosophy. As a valued member of our team, you will have access to flexible global resources and tools to support your personal and financial goals. We prioritize your health and personal resilience, and offer generous paid leaves, including paid volunteer time, to support you and your family through important moments in life.
Equal Employment Opportunity:
BNY is an Equal Employment Opportunity/Affirmative Action Employer, committed to diversity and inclusion in the workplace. We encourage individuals from underrepresented racial and ethnic groups, females, individuals with disabilities, and protected veterans to apply.
Salary Information:
BNY conducts market research to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $116,000 and $200,000 per year at the start of employment. However, the actual base salary offered will be determined on an individualized basis, considering factors such as experience and market location. Additionally, the base salary is only one component of the total compensation package at BNY, which may also include commission earnings, discretionary bonuses, short and long-term incentives, and company-sponsored benefit programs. Please note that this is an at-will position, and BNY reserves the right to modify base salary and other discretionary payments or compensation at any time, based on factors such as individual performance, geographic location, department/team performance, and market conditions.
