Director, Managing Counsel- Commercial Law Group- Technology
Company: BNY Mellon
Location: Lake Mary
Posted on: July 1, 2025
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Job Description:
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 the role of Director,
Managing Counsel. This role is located in NYC, Pittsburgh, or Lake
Mary, FL- Hybrid- 3 days in-office BNY Commercial Law Group (CLG)
provides global legal support on a wide range of
procurement-related matters, with its primary focus on technology
procurement (e.g. software development, licensing and maintenance,
SaaS and cloud, IT outsourcing and hardware leasing and purchase)
as well as the procurement of consulting, business process
outsourcing and other services. We also support BNY strategic
technology-related initiatives, including external partnerships,
collaborations, and mergers and acquisitions. In addition, we
support and advise BNY Enterprise Change, Resiliency and Sourcing
Office (ECRSO) on maintaining, enhancing and executing a robust
governance program that complies with all applicable global
regulations and BNY risk appetite. This includes keeping up to date
on the latest regulatory developments in the fields of vendor
management and third-party governance, guiding the implementation
of changes necessary to comply with regulatory changes, and
assistance in preparations for discussions with, and examinations
by, regulatory agencies. In this role, you’ll make an impact in the
following ways: Structure, draft and negotiate a variety of complex
transaction documents, including technology procurement agreements
(e.g., SaaS and cloud), outsourced (ITO and BPO) and managed
service agreements, market data agreements and technology-related
partnership and collaboration agreements. Provide practical and
business-focused counsel by understanding business strategy and
goals and succinctly and effectively communicating legal issues and
solutions, including working with lines of business to support
development of commercial contract documentation such as service
descriptions, service level agreements and fee schedules. Liaise
with a variety of senior BNY stakeholders, including ECRSO, lines
of business, and other business partners to ensure appropriate
awareness and escalation of issues as they arise. Assist in the
maintenance and improvement of contract templates and contract
review checklists so that they remain in compliance with BNY
standards and practices in light of the dynamic regulatory regime
under which BNY operates. To be successful in this role, we’re
seeking the following: 8-12 years as a practicing attorney, with 5
years of experience structuring, drafting and negotiating complex
technology procurement agreements (e.g., SaaS and cloud),
outsourced (ITO and BPO) and managed service agreements, market
data agreements and technology-related partnership and
collaboration agreements at a law firm or in-house legal department
(law firm or financial services company experience preferred).
Basic knowledge of cybersecurity, artificial intelligence,
technology controls, information security, data privacy and
protection, and data management. Knowledge of financial services
regulations and regulatory guidance on outsourcing and other
third-party relationships preferred. High degree of self-motivation
and ability to work both autonomously as a lead attorney on
transactions and as part of a global team. Strong analytical,
problem-solving and drafting skills, with proven ability to drive
projects to completion. Ability to handle and prioritize multiple
tasks to deliver timely, excellent work product in a pressurized
environment. Excellent verbal, written, negotiation and
interpersonal communication skills. Experience using legal
technology, such as contract lifecycle management tools (e.g.,
SirionLabs and iManage) preferred JD (or equivalent if outside of
the U.S.). Member in good standing of New York State Bar or ability
to qualify for in-house counsel admission. 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 - Underrepresented racial
and ethnic groups/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 $139,000 and $250,000 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.
Keywords: BNY Mellon, Melbourne , Director, Managing Counsel- Commercial Law Group- Technology, Legal , Lake Mary, Florida