BNY Mellon Careers

Counsel- Office of Public Policy and Regulatory Affairs

New York, New York

Job Description


Vice President & Counsel, Office of Public Policy and Regulatory Affairs


This attorney will be a key component of the Office of Public Policy and Regulatory Affairs (“OPPRA”), focusing on advising the firm’s global finance and risk functions.  Responsibilities will include capital, liquidity, and funding issues, capital planning, stress-testing, external disclosure, and liquidity risk management.  Other responsibilities will include assisting in the development of new products and services, Dodd-Frank compliance, advising the firm’s securities investment portfolio, as well as regulatory and supervisory advocacy efforts.  This attorney will work closely with BNY Mellon’s Corporate Treasury division, Controllers group, Regulatory Reporting, Capital Adequacy & Stress-Testing, Government Affairs, Risk and Compliance, and other control functions, as well as the in-house legal team to identify and manage key regulatory issues related to the conduct of BNY Mellon businesses affecting the firm’s finance and risk units and to develop strategies to implement changes as required by regulatory developments.  This position will report to the Associate General Counsel & Managing Director in OPPRA’s New York, New York office responsible for enterprise-wide finance and risk functions.


Key responsibilities include but are not limited to:


  • Serve as a legal advisor to Corporate Treasury’s business units, including the corporate investments portfolio, asset-liability management, internal business combination transactions, capital actions, and corporate funding.

  • Advise business units and centralized control functions in responding to regulatory and supervisory examinations, and in shaping the firm’s supervisory relationships.

  • Work with BNY Mellon’s Exchange Act disclosure legal team in formulating quarterly regulatory affairs disclosure across the firm, as well as capital- and liquidity-specific disclosures.

  • Helping the organization’s Compliance team, Corporate Treasury function, and various business units comply with the Volcker Rule.

  • Advising the company on strategic advocacy and implementation regarding the Dodd Frank Act Enhanced Prudential Standards

  • Participate in firm-wide and business centered stress-testing initiatives, including yearly CCAR preparation and submission and DFAST stress-testing exercises.

  • “Connecting the dots” to identify emerging supervisory trends and ensuring that these are considered in broader advocacy efforts.

  • Managing and leading company responses to supervisory and enforcement actions and advising on remedial action plans.



Advanced Legal Degree or local country equivalent degree usually required. Progression to this level usually requires licensure/certification by the local country or jurisdiction. In some jurisdictions, may not require licensure or certification for placement in the role; in others, licensure/certification is required.

3-7 years minimum of total work experience as a qualified attorney is preferred. Prior corporate legal experience within the financial services industry or experience in assigned practice area (e.g., securities, employment, etc.) with an outside law firm is preferred.

Desired Qualifications:


Mid-level attorney capable of operating independently, with a strong background in banking and finance transactions, bank regulatory issues, and financial policy issues.

  • Experience with transactional legal work, bank capital and liquidity matters, investment securities portfolios, stress testing, disclosure, and asset/liability management principles.

  • Experience with custody bank/trust bank issues and business models would be a plus.

  • The ideal candidate will have a deep understanding of key global regulatory regimes.

  • Strong communication skills required.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals With Disabilities/Protected Veterans.

Primary Location: United States-New York-New York
Internal Jobcode: 85115
Job: Legal
Organization: Legal Affairs-HR06241
Requisition Number: 1902869