Asset Manager & Insurance Legal, VP

State Street•Boston, MA

About The Position

State Street is seeking an experienced attorney to join the Investment Services Legal team supporting its Americas business. Investment Services provides servicing, operational, and technology solutions to asset managers, asset owners, insurance companies, and other institutional clients globally. The attorney will advise business leaders and client-facing teams on significant legal, regulatory, commercial, operational, governance, and reputational matters across institutional client relationships and investment servicing activities. The role calls for strong legal judgment, commercial awareness, and the ability to translate complex legal and regulatory considerations into practical advice that supports business objectives while appropriately managing risk. The attorney will work closely with business and control leaders across a sophisticated, highly regulated financial-services environment and contribute to the development of legal processes, standards, knowledge management, and risk-management practices.

Requirements

Juris Doctor (JD) degree and admission to practice law.
At least 6 years of experience practicing law within a law firm, financial institution, investment manager, asset manager, or other relevant financial-services environment.
Strong knowledge of laws and regulations relevant to the investment-management and/or financial-services industry.
Demonstrated ability to advise business partners on complex legal, regulatory, commercial, or client matters.
Strong legal drafting, analytical, and problem-solving capabilities.
Ability to translate complex legal and regulatory issues into practical, business-oriented advice.
Strong communication skills and the ability to build credibility with and effectively advise business leaders, clients, control functions, and other stakeholders.
Sound judgment and a practical, solutions-oriented approach to legal advice.
Ability to identify the most significant issues and provide clear, actionable guidance.
Confidence and credibility to advise and appropriately challenge business partners.
Intellectual curiosity and ability to understand sophisticated products, clients, and operating models.
Collaborative approach to working across Legal, business, and control functions.
Commitment to integrity, accountability, and disciplined risk management.

Nice To Haves

Experience advising registered investment funds, including mutual funds, ETFs, money market funds, or other registered investment products.
Experience with private and alternative investment funds, including private markets, hedge funds, real estate funds, or similar structures.
Experience advising institutional asset owners, insurance companies, or other sophisticated institutional investors.
Experience drafting and negotiating complex commercial agreements, particularly within investment management or financial services.
Familiarity with custody and asset servicing, including custody, fund administration, fund accounting, transfer agency, trustee services, securities lending, collateral, or related services.
Prior law firm experience advising investment-management, institutional-investor, or financial-services clients.

Responsibilities

Serve as a trusted legal advisor to Investment Services business leaders, client-facing teams, and control functions on legal, regulatory, commercial, operational, and governance matters.
Advise on matters involving investment funds, investment managers, institutional asset owners, and other sophisticated financial-services clients.
Draft, review, interpret, and negotiate complex client and commercial agreements.
Provide practical legal guidance on significant client relationships, negotiations, new products, service enhancements, and changes to business or operating models.
Advise on applicable securities and investment-management laws and regulations, including relevant SEC rules and regulatory developments.
Partner with Compliance, Risk, Audit, Operations, Product, Technology, and other functions on regulatory change, governance, remediation, and strategic initiatives.
Identify and evaluate legal, regulatory, operational, financial, and reputational risks and provide clear, commercially informed recommendations.
Support interactions with clients, regulators, fund boards, outside counsel, and other external stakeholders, as appropriate.
Monitor relevant legal and regulatory developments and advise business partners on potential client, product, and operational impacts.
Contribute to the continued development of legal processes, standards, knowledge management, and risk-management practices.

Benefits

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 an Employee Assistance Program.
Incentive compensation, including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans).
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Employee networks.