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Legal Counsel, Vice President

State Street Corporation
Boston, USA
Closing date
Nov 3, 2022

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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. 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.

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 model, including new products, services, and partnerships.
  • 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 colleagues.
  • 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 parties.

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.

Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspective are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome the candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift program and access to employee networks that help you stay connected to what matters to you. State Street is an equal opportunity and affirmative action employer.

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