SVP - Head of Legal, Treasury, Financing and Resolution Planning

State Street • Boston, MA

24d

About The Position

SVP - Head of Legal for Treasury, Financing and Resolution Planning Position Summary: The Head of Legal for Treasury, Financing and Resolution Planning brings together the legal support for all activities, both internal, client-facing and regulatory, actively engaging State Street’s balance sheet, capital and liquidity. The role integrates leadership in counseling Global Treasury, Resolution Planning, Global Credit Finance and Secured Financing into one position to optimize consistent communication, counseling and decision-making. It requires a seasoned, practical and commercial approach to optimize revenue and regulatory outcomes, while promoting innovation, efficiency and staff development for the future. The role reports the Executive Vice President and Global Head of Corporate and Regulatory Legal and has managerial responsibility for approximately 6 experienced lawyers globally (including matrix management ex-U.S.) and one paralegal. Why this role is important to us 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. The team you will be leading plays a key role in the overall success of the organization, counseling viable solutions in the deployment of State Street’s strength through new, complex, innovative and successful products and strategies in an evolving market and regulatory environment. Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges and drive performance and profitability. Those clients also expect, as does State Street itself, a comprehensive and comprehensible regulatory compliance approach that builds stakeholder confidence, even under situations of extreme stress. You will help them access the full breadth of State Street’s capabilities and give them assurance in State Street’s resiliency. In doing so, you will unlock the potential of State Street’s balance sheet and enhance its own investment opportunities and efficiencies. Join us if making your mark in the financial services industry from day one is a challenge you are up for.

Requirements

• Significant expertise in the financial services industry, lending/financing/investment transactions, markets and intermediaries, engagement with clients, regulators and external partners and associated regulatory compliance and industry practices
• 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
• Credibly and concisely communicate with corporate and business-line senior leaders globally to meaningfully convey valuable solutions and associated risks
• Effectively collaborate with and influence diverse multi-disciplinary teams of varying levels of experience within business units, governance forums, other legal groups, and compliance, risk and other corporate functions to execute complex projects with urgency, efficiency and risk excellence
• Engage, develop and manage a talented group of experienced staff
• Identify and implement innovative or alternative business processes intended to maximize productivity of Legal Department and corporate resources
• Develop and manage outside counsel relationships, including budgets, and reduce reliance on outside counsel to efficiently and cost-effectively achieve business objectives

Responsibilities

• Advise and support compliance with evolving capital, liquidity, resolution planning, governance and related regulatory requirements globally, including related activities
• Negotiate and develop sophisticated lending, financing and investment relationships and activities on behalf of both State Street and its clients associated with State Street’s Secured Financing, Global Credit Finance and Treasury operations
• Strategically align advice on legal, regulatory and commercial aspects of Treasury’s asset and liability management and planning
• Counsel and implement legal aspects of State Street’s several recovery and resolution plans under various jurisdictions globally, including critical support agreement, governance and playbooks, clean funding pathways, internal and external contractual arrangements, communications and related tabletop exercises
• Advise and manage Resolution Support Matters Committee at State Street Corporation Board and Board of Directors of State Street Intermediate Funding
• Oversee legal support and corporate/securities compliance and disclosures associated with capital stock, debt and other securities offerings/redemptions by State Street Corporation and its affiliates, including State Street Bank and Trust Company and State Street Corporation’s common share repurchase program
• Advise on applicable legal and regulatory aspects of jurisdictional expansions, legal entity compliance, intercompany transactions and M&A
• Support and counsel regulatory examinations and represent State Street in regulatory engagements/meetings and before industry groups

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed