BNY Mellon Careers

Managing Counsel

Hong Kong, Hong Kong
Legal


Job Description

This position in the BNY Mellon Legal Department will provide legal support to the BNY Mellon Asset Servicing business line in servicing the Global Subcustodian Network by negotiating contracts with appointed subcustodians and analyzing legal and regulatory matters affecting the business line and its clients.  The Global Subcustodian Network operates in over 100 markets in APAC, EMEA and the Americas.  The Global Network Legal Team works with the Network Managers located primarily in Brussels, Singapore, and Brooklyn and handles subcustodian contracts, account opening documentation, annual legal opinion production for each market, and agent bank reviews.  It also provides assistance with client communications, network regulatory compliance, cross-border cash and securities settlement issues, platform conversions, and questions regarding the T2-S and CLS platforms.  The attorney working in this position will be expected to respond primarily to issues arising out of the Asia Pacific region and to offer support to the other team members covering issues throughout the Global Network. 

Qualifications

Qualifications/Experience:
  • Law Degree and well-rounded experience in legal practice focusing on the financial services industry with a focus on global subcustodian and country issues.
  • Strong experience in contract drafting and negotiation.
  • Ability to handle and prioritize multiple tasks to deliver a timely work product in a demanding and fast-paced environment, including requests for rapid turnaround and quick analysis of issues.
  • Ability to interact effectively with internal and external clients and legal counsel.
  • Excellent written and oral communication skills.
  • Planning, tracking and organizational skills.
  • Excellent analytical and problem-solving skills.
  • Self-motivation.
  • Ability to work as part of a collaborative team across diverse geographical regions.


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.

As part one of the safest and most trusted financial institutions, the BNY Mellon Legal department mitigates risk and handles legal affairs to ensure the security of the company and its clients. BNY Mellon's Legal Department, has overall responsibility for government affairs and advises on advocacy and policy initiatives of the company to support BNY Mellon's domestic and international operations, and they also support all bank regulatory and supervisory issues.

BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: Hong Kong-Hong Kong-Hong Kong
Job: Legal
Internal Jobcode: 85116
Organization: Legal Affairs-HR06241
Requisition Number: 1807412