SVP, Markets, Clearance and Collateral Management Counsel

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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.

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

For over 241 years, the people of BNY have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY 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 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 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 : bny.com / careers.

We’re seeking a future team member for the role of Senior Vice President, Counsel to join Legal team. This role is located in Hong Kong, Hybrid work model.

In this role, you’ll make an impact in the following ways :

• Serve as a legal advisor to multiple business lines operating in Asia Pacific, namely (a) Clearance and Collateral Management (b) Liquidity and Segregation (c) Markets FX and (d) Securities Finance, reporting to the Asia Pacific Head of Legal for Clearance and Collateral Management and Markets.
• Negotiate service agreements with clients and update template agreements for changes in regulation
• Advise various internal stakeholders including Compliance, Risk and Credit officers on legal and regulatory issues that arise in connection with the business.
• Recommend and manage outside counsel engaged to provide legal advice on various issues across the APAC region.
• Keep abreast of legal and regulatory developments and advise senior business managers, regional area management and other internal stakeholders.
• Interpret new laws and regulations applicable to various businesses in order to collaborate with the business to develop new products and appropriate documentation.
• Actively collaborate within the broader practice group of lawyers who support these businesses worldwide and coordinate with and provide subject matter expertise to other members of the Legal Department requiring support.
• Assist with other legal matters outside of these businesses and other lines of business as and when required, including assisting Compliance in developing compliance policies and procedures and interactions with regulators.

To be successful in this role, we’re seeking the following :

At BNY, our culture speaks for itself. Here’s a few of our awards :

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.