Job Description

BNY is seeking a Counsel to join its Legal team in Brussels.

The core business of BNY in Belgium is asset servicing, including custody, depositary and fund administration. It also offers a range of additional investment services and products, including collateral management, clearance, securities finance, FX and liquidity services, as well as corporate trust services.

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

As part of the Brussels Legal team, you will support the activities of BNY’s European bank from both a business and regulatory perspective. You will provide legal advice across a broad range of financial and strategic matters, including:

• asset servicing, custody, settlement, depositary, credit and security interests, and tax-related matters
• digital assets
• clearing, foreign exchange and collateral management
• banking regulation, including ESG, outsourcing, and recovery and resolution
• corporate restructuring

You will also:

• partner directly with business and risk management colleagues to provide practical legal advice
• draft, review and negotiate a broad range of contracts and legal documentation
• monitor legal and regulatory developments affecting BNY and advise on their implications
• support strategic initiatives, projects and product development from a legal perspective
• collaborate with Legal colleagues globally

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

• Master’s degree in law (or equivalent)
• at least 5 years of experience in a law firm and/or legal department of a financial institution in the EU
• Desired but not essential; experience in one or more relevant areas such as asset servicing/custody, foreign exchange/derivatives, collateral management, or securities finance
• sound knowledge of European banking and financial law and regulation
• familiarity with current legal, regulatory and market developments in Europe
• fluency in English and in French or Dutch, both written and spoken