Senior Director, Senior Managing Counsel- FX & Derivatives Legal Team Manager

JOB DESCRIPTION

Bring your ideas. Make history.
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the bank of banks - 97% of the worlds top banks work with us as we lead and serve our customers into the new era of digital.

With over 240 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, were approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what #LifeAtBNYMellon is all about.

Were seeking a future team member for the role of Senior Managing Counsel to manage our FX & Derivatives Legal team. This role is hybrid in-office and is located in Pittsburgh, PA OR Lake Mary, FL

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

• Manage the team of attorneys supporting FX & Derivatives businesses, including Programmatic FX trading (such as custody FX services, automated FX trading, prime brokerage, electronic and algorithmic trading, and payments) and Swap Dealer and Securities-Based Swap Dealer businesses relating to FX, interest rate and equity derivative products.
• Act as a primary resource for FX & Derivatives legal team members, driving practical, commercial advisory solutions.
• Build effective relationships with business partners the leaders of our service partners such as Compliance, Credit, Risk and Operations.
• Advise on CFTC, SEC, NFA, Fed and other regulator examinations, remediations and, when necessary, enforcement actions.
• Advise on new markets, new product and service development, and strategic business initiatives.
• Monitor, interpret and communicate on proposed regulations and their application to the Banks OTC trading businesses.
• Oversee the retention of outside counsel and manage related budgets for the FX & Derivatives legal team.
• Maintaining an understanding of global regulatory issues impacting the banks OTC trading businesses through engagement with US, APAC and EMEA colleagues.

To be successful in this role, were seeking the following:

• Law degree (J.D.) and licensed to practice law in Pennsylvania or Florida (or states with reciprocity such as NY)
• Minimum 12 years+ of relevant experience at a law firm and/or large financial institution dealing with FX and derivatives (including OTC instruments, futures, etc.)
• Experience with Dodd-Frank Act, the Commodity Exchange Act, the Securities Act of 1933, relevant CFTC and SEC regulations and NFA rules is required; as well as experience with ISDA Master Agreements, CSAs, ISDA Protocols and other industry standard trading agreements.
• Experience in appropriately balancing commercial flexibility and legal risk management.
• Prior management experience highly desirable.

At BNY Mellon, our inclusive culture speaks for itself. Heres a few of our awards:

• Fortune Worlds Most Admired Companies & Top 20 for Diversity and Inclusion
• Bloombergs Gender Equality Index (GEI)
• Human Rights Campaign Foundation, 100% score Corporate Equality Index
• Best Places to Work for Disability Inclusion, Disability: IN 100% score
• 100 Best Workplaces for Innovators, Fast Company
• CDPs Climate Change A List
• Forbes Blockchain 50

Our Benefits:

BNY Mellon 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 lifes 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 that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

ABOUT US

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 & 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.