Technology and Commercial Transactions Attorney, ASSISTANT GENERAL COUNSEL

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Date: Apr 21, 2021

Location: New York, NY, US

Company: New York Life Insurance Co

 

When you join New York Life, you’re joining a company that values development, career growth, collaboration, innovation, and diversity & inclusion. We want employees to feel proud about being part of a company that is committed to doing the right thing. Through various resources and programs, you can grow your career while developing personally and professionally.

 

 

 

Exciting opportunity for a dynamic and experienced Attorney to join the Technology, Intellectual Property and Strategic Sourcing (TIPSS) law group at New York Life primarily supporting New York Life Investments.  The TIPSS law group is dedicated to handling complex technology matters, commercial contracts, and intellectual property matters.  The attorney will be sophisticated and experienced in drafting, negotiating, and interpreting complex third-party technology agreements in the areas of SaaS/Cloud, software licensing and maintenance, IT consulting, outsourcing, and development agreements for a company operating within a regulated industry. The selected Attorney will also partner with NYL Investment’s Business Counsel, providing Technology and IP support on Business Counsel’s negotiations for electronic trading agreements, trade settlement platform agreements, asset due diligence services agreements, wealth management and product distribution platform agreements, model provider agreements, investment management agreements, account control agreements, subadvisory agreements, custody agreements, fund services agreements and securities lending agreements. Significant experience with cyber security and third party risk management, as well as strong working knowledge of privacy to ensure that customer information gathered by a third party is collected, stored and used in compliance with New York Life’s privacy and data security policies and with applicable laws and regs, is required.  Experience counseling and advising on FinTech matters and transactions is a plus. 

 

The Assistant General Counsel will:

  • Lead, structure, draft and negotiate strategic technology agreements and other commercial agreements (including SaaS/cloud, and Software, Market Data, IT Consulting, Outsourcing, IT Development) with third party providers, for New York Life and its affiliates.
  • Engage as lead counsel and drive negotiations.
  • Ensure contracts comply with New York Life’s policies and with regulatory requirements. 
  • Provide day-to-day advice to internal clients on a wide range of areas related to the IP, Technology and third party contracts function including cyber and data security, risk management, and intellectual property.
  • Advise internal clients on business issues, risk management and complying with Company procedures.
  • Coordinate with other subject matter experts in the law department, Third Party Risk Management, CISO’s Office, and other areas of New York Life as necessary.
  • Successfully work across the organizational structure of New York Life.
  • Ability to establish strong partnerships with key Business Stakeholders and Procurement Partners to continue to secure and evolve the role of “trusted advisor” for the TIPSS law group

 

Required Skills

  • Demonstrated ability to engage on and complete complex transactions quickly and effectively, balancing and managing business expectations with legal and regulatory compliance and risk objectives.
  • Extensive experience negotiating strategic contracts, particularly for Investments business, as part of a larger negotiating team including procurement, legal and business leads, as well as other SMEs as required.
  • Highly skilled and proven negotiator; detail-oriented.
  • Thorough understanding of existing and emerging technologies and platforms including: AI, Machine-Learning, Big Data, Blockchain, mobile apps, web and devices, social media, and cloud computing.
  • Ability to work independently while being able to contribute successfully to cross-functional teams.
  • Superior written and oral communications skills, and excellent analytical, problem-solving and interpersonal skills.
  • In-depth and sophisticated working knowledge of privacy and information security (including data and cyber security).
  • Proven record of prioritizing multiple projects simultaneously while meeting deadlines.

 

Qualifications

  • 7+ years of technology, IP, and strategic sourcing transactional experience
  • JD required
  • Admission to the New York State Bar required.
  • Experience working in regulated financial services or insurance institution preferred. 
  • SF:LI-ID1

 

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by our Foundation. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 83519

 

 

 


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