Counsel - Third Party Governance

Enable Recite to make this website accessibleJob description Counsel - Third Party GovernanceAt 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.We're seeking a future team member for the role of Counsel - Third Party Governance to join our Legal team.
This role is located in Manchester, UK.In this role, you'll make an impact in the following ways:
This position will engage in negotiations of vendor contracts focusing primarily on technology procurement (e.g.
software development, licensing and maintenance agreements, application hosting agreements, outsourcing agreements and hardware leasing and purchase agreements) as well as agreements for procurement of other goods and services including consulting services, business process outsourcing, and information technology-related services.This position will also support and advise the firm's Enterprise Sourcing Office to maintain, enhance and execute a robust governance program that complies with all applicable global regulations and the firm's risk appetite.
This includes keeping up to date on the latest regulatory developments in the fields of vendor management and third-party governance, guiding the implementation of changes necessary to comply with regulatory changes, advising Line of Business attorneys in client contract negotiations, and assistance in preparations for discussions with and examinations by regulatory agencies.To be successful in this role, we're seeking the following:
Legal Degree and a number of years' experience in Legal practice focusing on negotiating software licensing and development contracts, technology and business outsourcing transactions, including at least 3 years' experience at a law firm or in-house legal department.
In-house experience at a financial institution is a plus.Experience with vendor management and third-party governance.Demonstrable ability to quickly analyse problems and to devise and deliver appropriate solutions.Knowledge of regulatory requirements and guidance on outsourcing and other third-party relationships (e.g., EBA, ESMA, FCA/PRA, DORA, MAS, HKMA).Knowledge of global privacy laws (e.g., GDPR, GLBA, CCPA) is a plus.Ability to handle and prioritize multiple tasks to deliver timely, excellent work product in a pressurised environment.Ability to interact effectively with and guide clients and legal counsel.Excellent written and oral communication skills.Experience with contract lifecycle management tools is a plus.Creative thinker with a high degree of self-motivation and ability to work both independently and as part of a global team.At BNY, our culture speaks for itself.
Here's a few of our awards:
America's Most Innovative Companies, Fortune, 2024World's Most Admired Companies, Fortune 2024Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024Best Places to Work for Disability Inclusion , Disability:
IN - 100% score, 2023-2024"Most Just Companies", Just Capital and CNBC, 2024Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024Bloomberg's Gender Equality Index (GEI), 2023Our 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.From playdates to project updates:
Returning to work after parental leaveBNY's HEART Network Receives Global ERG/BRG Impact Award as Firm Maintains Top Disability Equality Index ScoreSanaya's Journey in Investment Management at BNYPaula's Path in Technology and Finance at BNYBNY Recognised for Championing a Culture of InclusionBNY named one of the most admired companies in the world by FORTUNE magazine
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