What are the responsibilities and job description for the Director, Managing Counsel- BNY Pershing position at BNY External Career Site?
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We’re seeking a future team member for the role of Director, Managing Counsel to support the BNY Pershing line of business within the BNY. This role is located in NYC 4 days in-office/week
In this role, you’ll make an impact in the following ways:
- Report to Head of Legal for BNY Pershing/BNY Wealth Services and serve as a key adviser to the business.
- Manage and negotiate contracts for Pershing for a variety of advisory, custody, operational and technology services.
- Provide general legal support to the broker-dealer and registered investment adviser as needed.
- Advise on new product development and regulatory risk management decisions.
- Keep informed on legislation and rulemaking affecting business operations and developments in bank, broker-dealer and advisory law practice, updating the team and management as appropriate.
- Collaborate with business leaders and associates to develop legal and regulatory best practices.
To be successful in this role, we’re seeking the following:
- 8-12 years legal experience with a focus on contracts and investment advisory and/or broker-dealer issues.
- In-House experience with a Broker-Dealer, Registered Investment Adviser or at a regulatory agency strongly preferred.
- Trust Bank experience a plus.
- Excellent oral and written communication skills, including strong presentation abilities.
- Strong interpersonal skills to influence and impact business decisions.
- Ability to work in a fast-paced, dynamic environment that requires hands-on support, business teamwork and the ability to multi-task.
At BNY, our culture speaks for itself, check out the latest BNY news at:
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Here’s a few of our recent awards:
- America’s Most Innovative Companies, Fortune, 2025
- World’s Most Admired Companies, Fortune 2025
- “Most Just Companies”, Just Capital and CNBC, 2025
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 $165K and $240K 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 (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
Salary : $165,000 - $240,000