Legal, VP

State Street Corporation
Boston, USA
11 Jul 2022
10 Aug 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Who we are looking for
The candidate will provide legal advice and counsel to State Street's asset servicing business in the Americas (the Institutional Services Americas business) whose services include custody, accounting, fund administration, transfer agency, and other related services.

Why this role is important to us
The team you will be joining plays an important role in the overall success of State Street as it provides legal support to one of the largest asset servicing businesses in the world. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. Critical areas of support include expanding client mandates for asset owners (both ERISA and non-ERISA), insurance companies, investment managers (both alternative and traditional) and official institutions (central banks and sovereigns). In your role, you will strive to provide practical, scalable, and cutting-edge solutions related to new and existing business in a fast-paced environment.

Join us if making your mark in the financial services industry from day one is a challenge that you are ready to accept.

What you will be responsible for

As VP/Counsel, you will be responsible for:
• Drafting, reviewing and negotiating complex agreements, including custody,
fund administration, transfer agency, and trust agreements.
• Advising business partners regarding laws and regulations governing
insurance companies, ERISA vehicles, state and municipal retirement and
benefit plans, registered mutual funds, private funds, trust companies, and
separately managed accounts.
• Providing legal and regulatory advice to support changes to State Street's
business or operating model, including new products, services, and
• Working with internal legal, business, compliance and risk colleagues to
address corporate-wide initiatives.
• Handling multiple projects and deadlines simultaneously with careful legal
analysis and attention to detail.
• Exercising sound legal and business judgment in dealing with clients and
• Acting as a trusted adviser to State Street business units.
• Instructing and managing external counsel.

What we value
These skills will help you succeed in this role
• Strong negotiation skills
• Excellent customer service and interpersonal skills
• Ability to handle a high volume of work, manage time effectively and balance
competing interests while ensuring good outcomes for the negotiating
• Strong problem-solving and technical legal analysis skills
• Excellent communication skills
• Enthusiasm for working in a collaborative culture that values teamwork and
• Demonstrated ability to build positive and wide-ranging working
relationships with colleagues, including the ability to appropriately challenge
and offer an alternative point of view
• Ability to interact with and navigate multiple levels and functional areas
within a large organization
• Ability to provide practical guidance to assist business and corporate
partners in implementing regulatory requirements
• Strong time management, prioritization, planning, and organizational skills
• Willingness to learn new areas of law

Education & Preferred Qualifications
• Juris Doctorate from an accredited US law school and active admission to
practice law required.
• 5+ years of experience in a law firm or equivalent experience in the financial
services sector.
• Experience with legal and regulatory issues related to ERISA or insurance
companies is preferred. Other regulatory experience will be considered.

About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients

Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary in locations, but you may expect generous medical care, insurance and savings plans among other perks. You'll have access to flexible Work Program to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.

COVID-19 Protocols: Complying with State Street's COVID-19 protocols is a condition of employment. Those requirements may vary depending on circumstances and legal requirements, and may include, without limitation, a requirement to be vaccinated (or have an accommodation), to disclose vaccination status, to provide evidence of vaccination status, etc.

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