Director, Managing Counsel- Investment Management

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. This is an important role within the legal team supporting BNY Investments. The attorney will serve as the lead attorney for BNY Advisors and more generally for the advisory aspects related to BNY's retail managed account platforms. BNY Advisors provides, among other services, OCIO (discretionary) / OIO (non-discretionary) services, customized portfolio management, models and research services in support of a variety of customers and financial intermediaries. This role will also support BNY Investment Institute. This attorney will be part of a larger team of legal professionals in support BNY Investment's other investment management affiliates and related businesses globally. The ideal candidate will have a significant working knowledge of laws and regulations in the field of investment management and experience in leading high-performing teams. We're seeking a future team member for the role of Managing Counsel to join our investment team. This role is located in Pennington, NJ 4 days in-office In this role, you'll make an impact in the following ways: * Leading the provision of legal support to BNY Advisors, BNY's retail managed account platforms and supporting several of BNY's other investment firms. * Managing and advising on varied and potentially complex legal and regulatory matters relating to the provision of investment advisory services. * Managing the negotiation and drafting of OCIO/OIO agreements and other investment advisory agreements with clients. * Leading discussions with senior management and attendance on various senior management committees. * Facilitate engagement with Compliance teams in interpreting and applying investment advisory rules, as well as international regulations, to the business; and in creating the investment firms' policies and procedures. * Serve as a key point person for the Legal Department on complex and significant initiatives. * Lead in providing proactive and pragmatic advice and guidance in the development of new product/service initiatives. To be successful in this role, we're seeking the following: * JD and license to practice in relevant state. * 8-12 years of relevant experience. * Strong leadership skills and experience in developing best practice to positively impact the performance of the team. * Strong written and oral communication skills. A clear communicator that is able to deliver legal advice in layman's terms and lead discussions with senior leadership. * Ability to interact and establish strong relationships with senior decision makers and with individuals and groups across all levels of the wider BNY group. * Significant experience in dealing with RIAs with good technical skills including sound knowledge of the Investment Advisers Act of 1940 and related SEC rules/regulation applicable to RIAs. * Ability to deal with a varied workload in a fast-paced environment. Must be able to manage and prioritize across a large volume of complex matters with competing deadlines and different internal stakeholders. * Experience in overseeing/leading on complex strategic programs and regulatory change initiatives and acting as the key point of contact. Ability to manage cross-border matters involving multiple jurisdictions. * Strong analytical and problem-solving skills. The individual should be pragmatic and someone who looks for solutions rather than obstacles. The legal team is seen as a business partner and the successful candidate will be comfortable relating to and dealing with business colleagues as the role will involve frequent interaction with business colleagues. * Ability to identify and manage legal risks and good judgement in consulting with and escalating risk issues appropriately. * A team player. The ability to work harmoniously and responsively with one's colleagues and clients is an essential pre-requisite for the role. * Enthusiastic, with a desire to develop one's career in one of the world's largest investment management businesses. 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.