BNY Mellon Careers

Corporate Paralegal - Caymans

Cayman Islands
Asset Servicing


Job Description

The Corporate Paralegal is responsible for assisting the Fund Administration Manger (FAM) in overseeing the day to day trust related legal and administration activities of our fiduciary responsibilities related to BNY Mellon s Offshore Fund Management subsidiary, BNY Mellon Fund Management (Cayman) Limited (BNY Mellon Cayman). The position requires in depth knowledge and skills in the areas of institutional trust, legal and fund administration and regulatory environment to successfully assist with the management of BNY Mellon s Cayman Fund Administration and Trust business. This position reports to the FAM. Responsibilities include: Assisting the Fund Administration Manager (FAM) in managing and overseeing the day to day trust related administrative activities of our fiduciary responsibilities related to BNY Mellon s Offshore Fund Management subsidiary. As part of a team will assist in the review, drafting, editing and negotiation of legal documents and be able to identify non-standard matters that are contrary or in conflict with BNY Mellon Cayman s service model and risk profile and assess materiality of such non-standard matters. Participate in the development and oversight of new business conversion plans, trust/fund restructurings and liquidations, and coordinate the ongoing delivery of trust services. Maintain and monitor Cayman Trust work practices and procedures ensuring fiduciary obligations are met and fiduciary risks are identified, assessed and mitigated. Liaise with Trustee s counsel, client counsel and internal counsel on matters relating to the delivery of legal documents and providing review comments from a trustee, administrator and business perspective and assist with the preparation of trustee resolutions and unitholder resolutions. Responsible to ensure relevant existing and new local and overseas regulations are addressed in fund governing documents, including Company s pro-forma documents. Responsible for ensuring timely registration and filing of trusts and funds with the Cayman Islands Monetary Authority and assisting with retail Japanese fund filings in accordance with client deadlines. Responsible for the maintenance of all fund legal records (i.e. physical and digital records) including the maintenance of intercompany agreements. Attend board meetings as a representative of the Trustee in the absence of the Fund Administration Manager. Liaise with relevant services providers, fund sponsors, attorneys, investment managers, custodians, sub-administrators, relationship management offices and local regulator during the trust/fund establishment phase, restructuring phase and liquidation phase or as when necessary. Minimum Education University Graduate with a law degree qualified in a commonwealth jurisdiction. Minimum Experience Over five years Post Qualified Experience (PQE) At least four years of core professional trust, fund and administration experience in the fund industry. A comprehensive working experience of trust and mutual fund structures Minimum Language Skills English - Excellent verbal and written communication and sound organizational skills are essential. Preferred Experience Knowledge of Cayman Islands laws (The Trust Law, The Mutual Fund Law, Corporate Governance Guidelines, The Companies Law, AML Regulations) Preferred Language Skills English Other Able to routinely attend conference calls outside office hours. Proficient in the use of Microsoft suite of applications

Qualifications

Minimum Education University Graduate with a law degree qualified in a commonwealth jurisdiction. Minimum Experience Over five years Post Qualified Experience (PQE) At least four years of core professional trust, fund and administration experience in the fund industry. A comprehensive working experience of trust and mutual fund structures Minimum Language Skills English - Excellent verbal and written communication and sound organizational skills are essential. Preferred Experience Knowledge of Cayman Islands laws (The Trust Law, The Mutual Fund Law, Corporate Governance Guidelines, The Companies Law, AML Regulations) Preferred Language Skills English Other Able to routinely attend conference calls outside office hours. Proficient in the use of Microsoft suite of applications
BNY Mellon is an Equal Employment Opportunity Employer.

Primary Location: Cayman Islands--
Job: Asset Servicing
Internal Jobcode: 55545
Organization: AS Global Front Office-HR16987
Requisition Number: 1905366