At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We’re seeking a future team member for the role of Counsel EMEA Markets Legal: Global Collateral to join our EMEA Legal team. This role is located in United Kingdom (London).
In this role, you’ll make an impact in the following ways:
- Providing timely advice and assistance to the Global Collateral business, risk and compliance partners;
- Providing legal advice and assistance on new products and product development;
- Initial point of contact/support for designated product lines, including attendance at business acceptance committee and trustee committee meetings as applicable;
- Negotiation of documents, to ensure compliance with all policies and procedures promulgated by the Legal Department;
- Consideration of proposed amendments to existing deal documents/structures;
- Building relationships with all Business Managers to ensure understanding with the Bank's contractual obligations, identify areas of improvement of documents policies and standards, advise on the documentation for new services or markets and other strategic initiatives and join industry panels and work initiatives through trade associations;
- Regulatory issues, including maintaining an understanding of existing and proposed regulatory requirements, trends and best practices for EMEA, and where applicable US;
- Supporting the instruction and management of external counsel, both in the UK and overseas (including assistance with analysis and collation of advice from such counsel);
- Assistance with the development of formal training sessions for business colleagues on relevant topics such as documentary standards/policies, market industry issues, and legal issues;
- Informal knowledge-sharing within the legal team; and
- Assisting the business in maintaining an appropriate profile with industry groups and others on key issues, including via participation in industry forums and other external discussions.
To be successful in this role, we’re seeking the following:
- circa 8+ years PQE with a legal background in institutional/wholesale banking and specifically trading, derivatives, securities financing transactions and markets-related disciplines.
Expertise in the following is desirable:
- Collateral Management, Custody or Prime Brokerage;
- Working knowledge of Markets regulatory frameworks;
- Familiarity with clearing and settlement activities;
- In-house legal and transactional banking operational experience at a global financial institution;
- Experience with trading and derivative products;
- Experience of interactions with Markets legal and wider business/risk/compliance colleagues; and
- Experience with new product development and implementation of regulatory change
At BNY, our culture speaks for itself, check out the latest BNY news at:
BNY Newsroom
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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.
