State Street Corporation Boston , MA 02298
Posted 2 weeks ago
Job Description - ISA Legal Vice President
Position Summary
State Street is a systemically important financial institution that, among other business lines, provides custody, fund administration and related investment services on a global basis to a broad range of institutional clients. We are seeking an experienced attorney to support State Street's Investment Services business in the Americas, with a particular focus on private equity fund servicing. The work will include:
Advising business partners on various private equity fund structures and related commercial and legal terms that may impact the provision of services to such clients.
Providing legal and regulatory advice to business colleagues to support strategic changes to State Street's business model, including new products, services, and partnerships
Drafting, reviewing and negotiating service agreements, disclosures and client communications
Analyzing regulatory issues impacting the business and its clients
Advising business partners at various levels of the organization in relation to State Street's global operating model, including in respect of governance structures
Advising on claims, errors and potential litigation
Providing legal advice based on strong critical thinking, problem-solving and technical legal skills
Collaborating with business, compliance and legal partners to find solutions to challenging regulatory, contractual and operational issues
Position Requirements
The ideal candidate will possess the following qualifications and skills:
Juris Doctor from an accredited United States law school
License to practice in Massachusetts or another state of the United States
Significant (4+ years) experience in the corporate department of a major law firm
Additional inhouse experience at an asset management or investment services firm a plus
Practice experience with investment funds generally, including regulatory and corporate aspects of investment fund formation and operation, organizational and disclosure documents, fund governance, service structures (investment management, sales/distribution, custody, fund administration, accounting, transfer agency/investor services, performance analytics) and related contractual arrangements
Knowledge of private equity fund structures, including limited partnership agreements, investor allocations, distribution waterfalls, partnership accounting and tax issues
Experience with Business Development Companies and Private Credit Funds a plus
Strong critical thinking, problem-solving and technical legal analysis skills
Excellent communication skills, both written and verbal
Demonstrated ability to build positive working relationships with legal colleagues and senior executives, including the ability to appropriately challenge and offer an alternative point of view
Ability to communicate and interact effectively across multiple levels and functional areas within a large organization
The ability to work in a varied and dynamic environment supporting global operations across time zones
Salary Range:
$120,000 - $202,500 Annual
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.
State Street Corporation