The Bank of New York Mellon

Director, Managing Counsel- Clearance & Collateral Management

The Bank of New York Mellon

Jersey City, NJ, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

The Bank of New York Mellon is looking for an experienced and highly motivated Director, Managing Counsel- Clearance & Collateral Management to join our Legal team. This is a unique opportunity to work on complex and challenging matters related to our global clearance and collateral management operations. The ideal candidate should have a strong background in securities laws and regulations, along with a proven track record in providing strategic advice on clearance and collateral management operations.We are looking for a candidate with at least 8 years of experience as a securities lawyer, in-house or at a law firm. The successful candidate should also demonstrate a working knowledge of the rules and regulations of the U.S. Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), and other regulatory agencies. The ideal candidate will have excellent communication, interpersonal, and organizational skills, and be able to effectively manage multiple projects and prioritize tasks. The Director, Managing Counsel- Clearance & Collateral Management should embrace a team-oriented, collaborative approach while working with colleagues across the bank. If you have the qualifications and drive to succeed in this role, we look forward to hearing from you.

Responsibilities:

  1. Provide strategic legal advice on clearance and collateral management operations.
  2. Maintain up-to-date knowledge of U.S. securities laws and regulations.
  3. Complete multiple projects and prioritize tasks in a timely manner.
  4. Collaborate effectively with colleagues across the bank.
  5. Demonstrate excellent communication, interpersonal, and organizational skills.
  6. Prepare and review legal documents related to clearance and collateral management operations.
  7. Ensure compliance with relevant U.S. laws and regulations.
  8. Research and analyze legal issues and provide recommendations.
  9. Participate in internal training and development initiatives.
  10. Provide guidance and support to junior colleagues.
Where is this job?
This job is located at Jersey City, NJ, USA
Job Qualifications
  • Excellent Organizational And Time Management Skills

  • Exceptional Written And Verbal Communication Skills

  • Extensive Legal And Regulatory Knowledge Of The Banking Industry

  • Strong Negotiation

  • Dispute Resolution And Problem-Solving Capabilities

  • The Ability To Think Strategically And Work Collaboratively With All Levels Of The Organization

  • Experience In Providing Legal Advice On Collateral Management And Compliance Matters

  • Excellent Knowledge And Understanding Of The Relevant Laws And Regulations

  • And The Ability To Effectively Manage A Team

Required Skills
  • Risk Management

  • Planning

  • Negotiation

  • Drafting

  • organizing

  • Regulatory compliance

  • Collateral management

  • Litigation

  • Supervising

  • Advising

  • Negotiating

  • Analyzing

  • Collaborating

  • Strategizing

  • Clearance

Soft Skills
  • Communication

  • Emotional Intelligence

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • Critical thinking

  • collaboration

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Director, Managing Counsel- Clearance & Collateral Management in Jersey City, NJ, USA is between $199,000 and $269,000 per year.

Additional Information
The Bank of New York Mellon is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedOctober 17th, 2023
Apply BeforeJune 21st, 2025
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About The Bank of New York Mellon

The Bank of New York Mellon Corporation is an American worldwide banking and financial services holding company headquartered in New York City. Bank of New York was established in 1784. BNY Mellon was formed with the merger of The Bank of New York and the Mellon Financial Corporation.

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