Senior Vice President & Counsel- Technology and Innovation - BNY Mellon

Overview

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.   

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about. 

We’re seeking a future team member for Global Data, Intellectual Property, Technology & Innovation (DITI) Team within BNY’s Legal Department.  This role is hybrid and will be located in Pittsburgh or New York. 

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

• Advising on the strategy, planning and implementation of BNY’s technology projects and adoption of emerging technology (e.g., AI/ML, DLT).
• Partnering with Risk, Compliance and Legal colleagues to advise on the development and deployment of digital products and services.
• Drafting agreement templates and providing support with client negotiations in collaboration with business product attorneys.
• Keeping up to date on legal and regulatory developments in the financial services sector involving technology/emerging technologies and advising senior stakeholders of their potential impact to BNY and its subsidiaries.
• Providing legal support in responding to regulatory examinations and inquiries.
• Advising on open-source software use, ensuring compliance with licenses, mitigating risks, and safeguarding BNY’s intellectual property.
• Developing and leading training programs to educate various stakeholders on technology/emerging technology-related legal issues.
• Collaborating with public affairs, regulatory and regional colleagues to engage in the review and consultation of legislative policies and proposals related to technology.

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

• 3-7 years’ experience
• A strong working knowledge of technology laws. 
• Knowledge of emerging technology developments and use cases in the financial services sector desirable. Strong interest in the same is critical.
• In-house counsel experience preferred.
• Excellent contract drafting and negotiation skills.
• Must be articulate, organized, able to work in a collaborative manner
• Comfortable managing multiple priorities in a fast-paced and challenging, but highly rewarding environment. 
• Proactive self-starter.

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. Minorities/Females/Individuals With Disabilities/Protected Veterans.

 

 

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $113,000 and $220,000 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.

Employer Description:

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 and 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.

EEO Statement:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.