Global Markets Legal Department, Assistant Vice President & Counsel

State Street • Boston, MA

5d • $90,000 - $157,500 • Onsite

About The Position

Providing legal support to the State Street Global Markets business is a challenging, and highly visible role within the legal department. The role is located in Boston and qualifications include: JD degree from an accredited law school 3+ years of legal experience Team player who is open to strong collaboration with other team members Why this role is important to us The person filling this role will provide legal counsel on regulatory, transactional, and operational matters related to our OTC derivatives business, with a particular focus on FX, interest rate and equity derivatives.

Requirements

• JD degree from an accredited law school
• 3+ years of legal experience
• Team player who is open to strong collaboration with other team members
• Results oriented with strong project management and execution skills
• Strong interpersonal, communication and customer service skills with ability to sustain strong relationships with clients, peers and staff
• Ability to interact with multiple levels in an organization and in multiple jurisdictions
• Keen understanding of market practice impacting the business lines in the relevant jurisdictions and ability to work with business units to achieve practical solutions within applicable regulatory and risk parameters
• Strong time management, planning and organizational skills
• Ability to work independently but also thrive in a global, dynamic and team-oriented environment
• Flexibility and an eagerness to learn

Responsibilities

• Provide legal support for the firm's OTC derivatives business, specializing in FX, interest rate and equity derivatives
• Draft, review, and negotiate ISDA Master Agreements, Credit Support Annexes, and other derivatives documentation
• Advise on CFTC and SEC regulations, applicable bank regulation, Dodd-Frank compliance, and other applicable regulatory requirements for swap dealers
• Support new product development by identifying and addressing legal and regulatory considerations
• Collaborate with business, operations, and compliance teams to ensure regulatory compliance in trading activities
• Monitor regulatory developments and provide strategic advice on implementation of new regulations
• Represent the firm in industry groups and regulatory discussions
• Manage relationships with external counsel on complex matters
• Provide training to business units on relevant legal and regulatory issues
• The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.

Benefits

• Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
• For a full overview, visit https://hrportal.ehr.com/statestreet/Home

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree
• Number of Employees: 5,001-10,000 employees