Counsel – Asset Servicing and Digital

Company: BNY – formerly Bank of New York Mellon
Apply for the Counsel – Asset Servicing and Digital
Location: London
Job Description:

Join to apply for the Counsel – Asset Servicing and Digital role at BNY

We’re seeking a future team member for the role of Counsel to join our Asset Servicing and Digital Legal team as part of the wider EMEA Legal Department. This role is located in the United Kingdom – hybrid.

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

  • Follow developments and advise business and management on banking and financial law/regulation mainly in relation to asset servicing and safety.
  • Advise/support ASD business in developing and implementing services and products in line with applicable law & regulation.
  • Support the development and advise on ASD activities and asset safety (custody, depositary services).
  • Draft, review and/or negotiate contracts with clients (mainly custody services).
  • Support strategic business initiatives in providing effective and timely legal advice and in drafting any legal documentation.
  • Support knowledge sharing within the legal team.
  • Supporting senior team members on a wide range of initiatives which could be regulatory in nature and/or client facing.

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

  • A qualified Solicitor or Barrister currently licensed to practice in England & Wales with ideally 5-8 years PQE, relevant experience gained from a leading law firm / in-house.
  • Experience of outsourcing, custody, cross border, MIFID desirable.
  • Ability to collaborate proactively with business colleagues and deliver clear, succinct advice.
  • Ability to help identify and manage legal risks.
  • Positive, commercial, and flexible attitude.
  • Good drafting and negotiating skills.
  • Willing to embrace and engage in developing a culture of diversity, equity and inclusion.
  • Highly collaborative and strong communication skills.
  • Intellectually curious, adaptable, and interested in learning new skills.

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, 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

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.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Legal, Finance, and Other

Industries

Law Practice and Banking

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Posted: April 1st, 2025