Senior Specialist, Corp Paralegal - Caymans

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.

 

We’re seeking a future team member for the role of SENIOR SPECILAIST, CORPORATE
PARALEGAL to join our offshore mutual fund administration business team. This
role is located in Grand Cayman.

 

 

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

 

* Assisting the Senior Fiduciary Manager (SFM) in managing and overseeing the
day-to-day trust related administrative activities of our fiduciary
responsibilities related to BNY Mellon’s Offshore Fund Management
subsidiary. 

* As part of a team will assist in the review, drafting, editing and
negotiation of legal documents, (i.e. offering Memorandums, and investment
management agreements etc.) and be able to identify non-standard matters that
are contrary or in conflict with BNYM Cayman’s service model and risk profile
and assess materiality of such non-standard matters. 

* Participate in the development and oversight of new business conversion
plans, trust/fund restructurings and liquidations, and coordinate the ongoing
delivery of trust services. 

* Maintain and monitor Cayman Trust work practices and procedures ensuring
fiduciary obligations are met and fiduciary risks are identified, assessed
and mitigated.

* Liaise with Trustee’s counsel, client counsel and internal counsel on matters
relating to the delivery of legal documents and providing review comments
from a trustee, administrator and business perspective and assist with the
preparation of trustee resolutions and unitholder resolutions. 

* Responsible to ensure relevant existing and new local and overseas
regulations are addressed in fund governing documents, including Company’s
pro-forma documents.   

* Responsible for the periodic file reviews of fund documentation for accuracy
and timeliness.

* Responsible for maintaining log and uploads of executed contracts on the
document management system. 

* Work in conjunction with the SFM to manage business development process,
entity documentation restructuring process and the trust/fund liquidation
process. 

* Responsible for ensuring timely registration and filing of trusts and funds
with the Cayman Islands Monetary Authority and assisting with retail Japanese
fund filings in accordance with client deadlines. 

* Responsible for the maintenance of all fund legal records (i.e. physical and
digital records) including the maintenance of intercompany agreements. 

* Attend board meetings as a representative of the Trustee, alongside and/or in
the absence of the SFM and assist with board meeting preparation, collating
documents from all internal stakeholders and assist with preparation of
agendas/meeting packs for trustee committee meetings. 

* Liaise with relevant services providers, fund sponsors, attorneys, investment
managers, custodians, sub-administrators, relationship management offices and
local regulator during the trust/fund establishment phase, restructuring
phase and liquidation phase or as when necessary.

* Demonstrate proficiency in the use of approved in-house AI tools and
technology platforms to improve productivity, streamline workflows and
support high quality client service delivery. 

* The applicant should have the ability to operate with limited supervision and
under considerable pressure. Limited training will be provided.

 

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

  

* An internationally recognized law degree. 

* A comprehensive working experience of mutual fund and/or trust structures
(preferably unit trusts) with at least three to five years of experience in
the finance industry

* At least four years of experience working as a paralegal in a common law
jurisdiction. 

* Knowledge of Cayman Islands Acts and regulations (The Mutual Fund Act (as
amended), Corporate Governance Guidelines, The Companies Act, The Trust Act,
AML Regulations) 

* Working knowledge of Cayman Islands legislation relevant to the Trust and
Funds business as well as awareness of applicable international regulations.

* Proficient in the use of Microsoft suite of applications.

* Attendance and participation in Fund Meetings preferred.

* English required with excellent communication and sound organizational skills
are essential. 

* Able to routinely attend conference calls outside office hours. 


At BNY, our culture allows us to run our company better and enables employees’
growth and success. As a leading global financial services company at the heart
of the global financial system, we influence nearly 20% of the world’s
investible assets. Every day, our teams harness cutting-edge AI and breakthrough
technologies to collaborate with clients, driving transformative solutions that
redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators, BNY is where bold ideas meet
advanced technology and exceptional talent. Together, we power the future of
finance – and this is what #LifeAtBNY is all about. Join us and be part of
something extraordinary.


At BNY, our culture speaks for itself, check out the latest BNY news at: BNY
Newsroom [https://www.bny.com/corporate/global/en/about-us/newsroom.html] & BNY
LinkedIn [https://www.linkedin.com/company/bnyglobal/posts/?feedView=all]

 Here’s a few of our recent awards:

* America’s Most Innovative Companies, Fortune, 2025
* World’s Most Admired Companies, Fortune 2025
* “Most Just Companies”, Just Capital and CNBC, 2025

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.