Associate Legal Counsel, Assistant Vice President

Who we are looking for.

The candidate will provide legal advice and counsel to State Street’s asset servicing business in the Americas (the Institutional Services Americas business) whose services include custody, accounting, fund administration, transfer agency, and other related services.

Why this role is important to us.

The team you will be joining plays an important role in the overall success of State Street as it provides legal support to one of the largest asset servicing businesses in the world.  Critical areas of support include expanding client mandates for asset owners, insurance companies, investment managers (both alternative and traditional) and official institutions (central banks and sovereigns).  In your role, you will strive to provide practical, scalable, and cutting-edge legal solutions related to new and existing business in a fast-paced environment. 

What you will be responsible for.

You will be responsible for:

• Drafting, reviewing and negotiating complex agreements, including custody, fund administration, transfer agency, trust and related agreements.

• Advising business partners regarding laws and regulations governing insurance companies, ERISA vehicles, state and municipal retirement and benefit plans, registered mutual funds, private funds, trust companies, and separately managed accounts.

• Collaborating with internal legal, business, compliance and risk colleagues to address corporate-wide initiatives. 

• Handling multiple projects and deadlines simultaneously with careful legal analysis and attention to detail.

• Exercising sound legal and business judgment in dealing with clients and colleagues. 

• Acting as a trusted adviser to State Street business units. 

• Providing legal and regulatory advice to support changes to State Street’s business model, including new products, services, and partnerships.

Position Requirements

The ideal candidate will possess the following qualifications and skills:

• Juris Doctorate from an accredited US law school

• License to practice law in Massachusetts or another state of the United States.

• 1-3+ years of experience in a law firm or equivalent experience in the financial services sector

• Strong negotiation skills

• Excellent communication skills, both written and verbal

• Excellent customer service and interpersonal skills

• Ability to handle a high volume of work, manage time effectively and balance competing interests while ensuring good outcomes for the negotiating parties.

Are you the right candidate? Yes!

We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.

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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs 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 perspectives 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 programs 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:

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

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.

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