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Managing Counsel- Investment Management

BNY Mellon

You can make a difference by working at BNY Mellon, where finance, technology and business intersect, to power the global financial industry.

Overview

Primary Location: New York, New York

Description An experienced attorney to serve as day-to-day legal advisor for our affiliated bank’s collective investment trust (CIT) platform, which is comprised of a large and diverse range of bank-maintained 3(c)(3) and 3(c)(11) investment funds. This attorney will be part of a larger team of legal professionals who will also be available to provide investment legal support for other investment management affiliates and related businesses. The ideal candidate will have CIT expertise as well as broader institutional investment management experience counseling registered investment advisers, pooled investment vehicles and institutional clients including ERISA investors. Primary responsibilities include:

  • Provide day-to-day legal support to the central business team responsible for the management of CIT operations as well as affiliated and external service providers.
  • Serve as advisor to applicable CIT governance committees that oversee fund investment activity and administrative operations.
  • Draft and maintain CIT-related documentation including trust instruments, fund declarations and client agreements.
  • Work with Compliance in drafting, updating and applying CIT-related policies and procedures for investment management, fund administration and distribution functions.
  • Serve as point person for the Legal Department on key initiatives. This will at times include coordinating with global colleagues and other stakeholders on very time sensitive matters.
  • Advise on legal and regulatory matters relating to CITs and investment management affiliates arising under federal securities law, banking law and ERISA.
  • Provide advice and assist in implementation of new product/service initiatives.

Qualifications

  • JD and licensed to practice in New York.
  • 5 – 15 years of relevant experience.
  • Strong written and oral communication skills. Ability to interact with senior decision makers.
  • Critical analytical skills and ability to bring a holistic perspective to businesses that operate in a multi-faceted and changing legal/regulatory environment.
  • Knowledge of OCC Regulation 9, Investment Advisers Act of 1940, Investment Company Act of 1940 and ERISA.
  • Familiarity with short-term investment funds and other similar money market vehicles a plus.
  • Candidates without extensive CIT expertise but who have related experience will be considered.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world’s financial assets. BNY Mellon 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 Mellon 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: bnymellon.com/careers.

EEO Statement:

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team – one that is representative and inclusive of the diverse talent, clients and communities we work with and serve – and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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Managing Counsel- Investment Management

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BNY Mellon

You can make a difference by working at BNY Mellon, where finance, technology and business intersect, to power the global financial industry.

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