Legal Counsel ( State Street Global Markets), Vice President

State Street•Boston, MA

1d•Hybrid

About The Position

Providing legal support to State Street's Global Markets businesses is a challenging, and highly visible role within the legal department. The role is located in the State Street Financial Center in Boston, MA and qualifications include: Juris Doctorate from an accredited law school; At least 4-5 years experience at a major law firm; Experience with Global Markets business lines and ISDA documentation helpful but not required; Strong and sophisticated drafting and negotiating experience; Team player who is open to strong collaboration with other team members; Willingness to work in a hybrid environment – partially in office and partially remote What you will be responsible for Providing legal support for various aspects of State Street's Global Markets businesses including foreign exchange, interest rate derivatives, currency management, equity swaps, and research. The candidate will be responsible for duties including the following: Drafting and negotiating legal contracts and documentation; Collaborating with U.S. and global legal colleagues to effectively and efficiently onboard new clients; Conducting netting, enforceability, jurisdictional and other reviews; Advising on globally applicable laws and regulations; Providing legal analysis in connection with changes to existing product offerings and new product offerings. Assisting with regulatory inquiries; Providing legal support to senior global business colleagues; Managing consultations with external legal counsel; Ensuring internal legal templates, policies and guidelines are understood and implemented and are up to date against applicable legislation. 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. What we value These skills will help you succeed in this role: 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. 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 a 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 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. Discover more at StateStreet.com/careers Salary Range: $120,000 - $202,500 Annual The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ. 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. About State Street Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement Job Application Disclosure: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success. We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future. As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law. Discover more information on jobs at StateStreet.com/careers Read our CEO Statement

Requirements

Juris Doctorate from an accredited law school
At least 4-5 years experience at a major law firm
Strong and sophisticated drafting and negotiating experience
Team player who is open to strong collaboration with other team members
Willingness to work in a hybrid environment – partially in office and partially remote
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

Nice To Haves

Experience with Global Markets business lines and ISDA documentation helpful but not required

Responsibilities

Drafting and negotiating legal contracts and documentation
Collaborating with U.S. and global legal colleagues to effectively and efficiently onboard new clients
Conducting netting, enforceability, jurisdictional and other reviews
Advising on globally applicable laws and regulations
Providing legal analysis in connection with changes to existing product offerings and new product offerings.
Assisting with regulatory inquiries
Providing legal support to senior global business colleagues
Managing consultations with external legal counsel
Ensuring internal legal templates, policies and guidelines are understood and implemented and are up to date against applicable legislation