Head of Legal, Global Information Technology and Procurement, SVP

State Street•Boston, MA

2d•$225,000 - $337,500

About The Position

The Senior Vice President (SVP) and Head of Legal, Global Information Technology and Procurement is responsible for providing informed and commercially practical legal counsel to State Street’s executive leadership in developing, adopting and implementing new and evolving technologies, protecting and ensuring resilient technology systems, structuring and managing critical third-party relationships and maintaining compliance with increasingly stringent regulatory frameworks globally. This responsibility includes incorporating strategic and tactical legal advice into State Street’s plans and practices to maintain information security, meet client expectations, engage and manage vendor relationships, execute acquisitions and complex technology-based strategic alliances and protect intellectual property. The role reports the Executive Vice President and Global Head of Corporate and Regulatory Legal and has managerial responsibility for approximately 8 experienced technology licensing lawyers globally (including matrix managerial responsibility outside of the U.S.). State Street is a global systemically important financial institution competing with other large, multinational organizations to provide services to highly sophisticated clients under the strictest of regulatory standards. Information technology is at the core of everything we do and is how we provide and evolve the most advanced services while optimizing the efficiency and resiliency of service delivery. The team you will be leading plays key role in the overall success of the organization, offering viable solutions to navigate an evolving environment. Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges and drive performance and profitability. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day-to-day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

Requirements

Credibly and concisely communicate with senior leaders in IT and business units globally to meaningfully convey valuable solutions and associated risks
Strong understanding of emerging technology
Effectively collaborate with and influence diverse multi-disciplinary teams of varying levels of experience within business units, governance forums, other business and corporate legal groups, and IT, compliance, risk and other corporate functions to execute complex projects with urgency, efficiency and risk excellence
Engage, develop and manage a talented group of ~8 attorneys globally
Identify and implement innovative or alternative business processes intended to maximize productivity of Legal Department and corporate resources
Have the capacity and presence to represent State Street in industry groups, mindful of maintaining advocacy for State Street’s strategic goals
Develop and manage outside counsel relationships, including budgets, and reduce reliance on outside counsel to efficiently and cost-effectively achieve business objectives
Significant expertise in information technology licensing, development of technology partnerships and alliances, intellectual property and related laws and industry practices
Substantial experience and responsibility in contractual negotiations over a wide variety of technology, IP, licensing, service provider and other matters
Superior communication, client service, drafting and writing skills, attention and fiduciary sensibility
Experience and ability to excel, individually and collaboratively, in a multidisciplinary, highly regulated environment, communicating with various levels in a large, global firm
Minimum 12 years of related work experience
Juris Doctorate and bar admission
Flexibility and an eagerness to learn

Responsibilities

Counsel the internal development of, and licensing or acquisition of third party, new and evolving technologies, including protection of proprietary and confidential information, compliance with third party intellectual property rights, internal governance, resiliency and sensitivity to regulatory frameworks globally
Structure, negotiate, execute and implement critical technology and vendor relationships, including outsourcings, licensing arrangements, joint ventures and other strategic alliances, optimizing commercial opportunities for State Street while understanding, mitigating and internally communicating related risks
Advise on maintaining effective continuing engagement, communication and oversight regarding technology and vendor relationships, implementation of associated governance processes and management of related disputes and claims
Protect State Street’s intellectual property assets, including by implementing responsible practices in connection with system and product development activities, and State Street’s reputation
Proactively identify, understand and communicate relevant information technology trends, and related legal developments, and their potential benefits or threats to State Street’s operations
Monitor, maintain expertise in and counsel pragmatic implementation of regulatory standards and expectations for a global systemically important financial institution, including balancing potentially differing legal and regulatory requirements in multiple jurisdictions
Advance and optimize Legal Department and corporate practices (e.g., vendor contracting, due diligence, IP protection) to a promote an environment of continuing simplification, process improvement and efficiency
Leverage subject matter and legal expertise and visibility into State Street’s global objectives to provide proactive professional challenge and suggest solutions for both business lines and corporate functions to achieve risk sensitive and balanced outcomes that meet business goals, taking into account the entire State Street organization
Manage outside counsel and other expenses, supporting departmental strategic development, goal-setting and reporting and ensuring timely reporting of relevant risks, developments and events to department leadership

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.

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