Director, Managing Counsel (FIEQ)

Reposted 3 Hours Ago
Be an Early Applicant
New York, NY, USA
In-Office
147K-240K Annually
Expert/Leader
Fintech • Financial Services
The Role
The Director, Managing Counsel will support BNY's Fixed Income and Equities businesses, providing legal advice, drafting contracts, and ensuring regulatory compliance. This role requires strong communication skills and experience in the financial industry.
Summary Generated by Built In

We’re seeking a future team member for the role of Director, Managing Counsel to join our Markets Legal team supporting BNY’s Fixed Income and Equities (FIEQ) institutional sales and trading businesses. A successful candidate will work closely with our business partners involved in an array of broker-dealer and bank services including institutional trading of equity and fixed income securities, originations of equity and fixed income instruments, ETFs, and municipal securities offerings, and the offering of outsourced trading services.  Experience in the prime brokerage space would also be helpful. This role is located in Pittsburgh PA, Lake Mary FL or New York NY.

In this role, you’ll make an impact in the following ways:

  • Providing advice and assistance to business, Credit, Risk and Compliance partners concerning legal, regulatory and reputational issues arising from FIEQ businesses
  • Advising on new markets, new product and service development, and strategic business initiatives
  • Working closely with business managers and BNY control functions (Compliance, Credit, Risk, Legal) to ensure understanding of the bank's regulatory and contractual obligations
  • Drafting, reviewing and negotiating legal contracts and other documents
  • Monitoring, interpreting and communicating on proposed regulations and their application to the business
  • Overseeing and managing the retention of outside counsel on business initiatives and other matters
  • Maintaining an understanding of global regulatory issues impacting the business through engagement with APAC and EMEA colleagues

To be successful in this role, we’re seeking the following:

  • Law degree (J.D.) and licensed to practice law in New York Pennsylvania or Florida
  • Minimum 12 years of experience at a law firm and/or large financial institution covering fixed income and equity sales and trading activities

Experience with industry standard trading agreements:

  • Knowledge of current regulatory issues impacting institutional sales and trading and capital markets businesses
  • Excellent verbal and written communication skills and the ability to interact professionally with a diverse group of executives, managers, and subject matter experts
  • Problem solving orientation and an ability to identify practical solutions
  • Detail oriented, with ability to multi-task and prioritize to meet deadlines
  • The ability to be a proactive, dynamic member of the BNY Legal Department
  • Client-orientation and an ability to cultivate good working relationships with business and other colleagues
  • Flexible and adaptable working style able to handle a demanding workload and changing priorities
  • Experience in appropriately balancing commercial flexibility and legal risk management.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $147,000 and $240,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

About UsFor 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 & 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.com/careers. About the Team

At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn

 Here’s a few of our recent awards:

  • America’s Most Innovative Companies, Fortune, 2025
  • World’s Most Admired Companies, Fortune 2025
  • “Most Just Companies”, Just Capital and CNBC, 2025

    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.

    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. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee’s eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

    If hired, the employee will be in an “at will” position and 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.

    Skills Required

    • Law degree (J.D.) and licensed to practice law in New York, Pennsylvania or Florida
    • Minimum 12 years of experience at a law firm and/or large financial institution
    • Knowledge of current regulatory issues impacting institutional sales and trading and capital markets businesses
    • Experience with industry standard trading agreements

    BNY Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about BNY and has not been reviewed or approved by BNY.

    • Healthcare Strength Health coverage includes comprehensive options with a $0‑premium plan for eligible lower earners, expanded mental‑health support with personalized therapy, and strong income protection through short‑ and long‑term disability. These features have been recently enhanced and are paired with dental and vision coverage.
    • Parental & Family Support Parental leave provides 16 weeks of fully paid time for all parents, with added support such as adoption assistance. This breadth offers strong coverage for major family events.
    • Retirement Support The 401(k) program includes a company match and Roth options to support long‑term savings. Additional financial programs like tuition assistance and savings vehicles complement retirement readiness.

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    The Company
    HQ: New York, NY
    41,739 Employees

    What We Do

    We help make money work for the world — managing it, moving it and keeping it safe. As a leading global financial services company at the center of the world’s financial system, we touch nearly 20% of the world’s investable assets. Today we help over 90% of Fortune 100 companies and nearly all the top 100 banks globally access the money they need. For 240 years we have partnered alongside our clients to create solutions that benefit businesses, communities and people everywhere.

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