Counsel, Senior Vice President – Asset Servicing Legal

Company: The Bank of New York Mellon
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Job Description:

Overview

As Counsel, Senior Vice President in Asset Servicing Legal, you advise the business on complex legal and regulatory matters, draft and negotiate client and intra-group agreements, and support new products and technology strategies. You will collaborate with cross-functional teams to balance commercial aims with risk and compliance. The role combines legal judgment with stakeholder management in a fast-paced, technology-enabled environment. You’ll impact the design and governance of asset servicing offerings, including digital assets, and help drive responsible AI usage.

Pay / Benefits

  • competitive compensation
  • benefits and wellbeing programs
  • flexible global resources/tools
  • paid leaves
  • paid volunteer time
  • inclusive culture

Responsibilities

  • Provide timely legal advice on digital assets, custody, fund services, trustee/depositary, outsourcing and regulatory initiatives.
  • Draft, review and negotiate client agreements and intra-group arrangements; balance commercial objectives with risk.
  • Collaborate with business, compliance, risk, operations and other legal teammates on new products and regulatory changes.
  • Manage outside counsel, ensuring quality and alignment with expectations.
  • Identify legal risks early and offer options and recommendations; promote governance and strong documentation standards in a fast-paced setting.

Key requirements

  • Qualified Solicitor or Barrister licensed to practice in the UK with ideally 3–8 years PQE.
  • Post-qualification experience in financial services, asset servicing, funds, custody or banking law in a law firm, financial institution or in-house setting.
  • Strong drafting, negotiation and advisory skills; ability to translate complex issues into clear guidance for senior stakeholders.
  • Good judgment, stakeholder management, ability to manage multiple priorities independently with high accuracy and professionalism.
  • Ability to manage multiple projects in a fast-paced environment and across many internal stakeholders.
  • Strong AI literacy and understanding of how AI tools can improve legal analysis and decision-making.
  • Stakeholder management
  • Clear communication
  • Judgment and pragmatism
  • Drafting and negotiations
  • Regulatory and compliance advisory
  • AI literacy and responsible use of AI tools

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Posted: October 21st, 2026