Vice President-Legal Counsel - U.S. Mutual Funds And Exchange Traded Funds Attorney

State Street Corporation Boston , MA 02298

Posted 1 week ago

Who we are looking for

The asset management industry is evolving. Clients need more than products; they need a trusted partner and advisor to help them achieve their goals. The State Street Global Advisors Legal Department endeavors to provide strategic advice and counsel to its business and control colleagues in accordance with the highest standards of judgment, integrity and ethical leadership. We partner closely with these teams to find strategic solutions for our clients and contribute to the overall success of the firm. We are seeking a senior attorney who can excel in this environment and help others on their team to do the same. In this role, you will be responsible for providing legal support, advice and counsel to our US mutual fund and ETF product and funds management teams with respect to the organization, marketing, management and governance of our US registered mutual funds and ETFs.

To be successful, you will develop a deep understanding of the firm's investment and operational capabilities, service offerings, culture and vision, regulatory and supervisory landscape in order to serve as a trusted advisor to your business and control partners, and efficiently identify, diagnose and help to address complex legal issues. You will need to build and maintain collaborative relationships with key internal teams, including management and senior executive business leaders, risk and compliance executives.

What you will be responsible for

As Vice President and Legal Counsel you will be responsible for providing practical and actionable legal advice and counsel with respect to our U.S. mutual funds and exchanges traded funds that are registered under the Investment Company Act of 1940.

This will include:

  • drafting and preparing U.S. registered fund disclosure documents
  • negotiating and drafting mutual funds and ETF distribution agreements
  • assisting the Chief Legal Officer of the SSGA Mutual Funds and SPDR ETFs in providing legal support to U.S. registered fund boards and attending board meetings
  • analyzing proposed and new regulatory developments impacting U.S. registered funds
  • providing advice and counsel to the SSGA business and compliance teams regarding Investment Company Act regulatory requirements
  • working with the SSGA and SPDR business teams on U.S. registered product development and fund management issues, and
  • reviewing marketing materials related to marketing and sale of US registered funds.

What we value

These skills will help you succeed in this role

  • Extensive knowledge of the Investment Company Act of 1940 and the Investment Advisers Act of 1940

  • A strong understanding of investment strategies and U.S. registered funds

  • The ability to evaluate legal, financial, regulatory and reputational risk and escalate to executive management as needed

  • Strong communication (written and verbal), client service and collaboration skills

  • Strong research, time management, planning and organizational skills

  • Ability to work independently but also thrive in a global, dynamic and team-oriented environment

  • Proven ability to interact with and advise multiple businesses and coordinate with legal colleagues in other jurisdictions and business areas on related areas of law or conflicts of law matters

  • Prior experience interfacing with regulatory personnel

Education & Preferred Qualifications

  • 4-10 years of experience in investment management practice, at either a law firm or the legal department of a financial services company, preferably both

  • Strong academic credentials

  • JD from an accredited law school

  • License to practice in work location

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 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 the 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

Salary Range:

$165,000 - $225,000 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.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Group Counsel

Ameriprise Financial

Posted 3 weeks ago

VIEW JOBS 1/13/2023 12:00:00 AM 2023-04-13T00:00 <p>Job Description</p><p>The Ameriprise Financial General Counsel's Organization is hiring an attorney to be part of the Global Alternatives legal team supporting Columbia Threadneedle's Global Asset Management business. The attorney will lead the team supporting Lionstone Investments (Lionstone), Columbia Threadneedle's US-based real estate business. The successful candidate will (preferably) be located in Houston, Boston, or Minneapolis.</p><p>Responsibilities</p><p>The primary responsibilities of the position include supporting Lionstone's legal matters and regulatory compliance. The ideal candidate will be expected to:</p><ul><li><p>Provide strategic advice to Lionstone senior management on a range of issues impacting the operation and growth of the business.</p></li><li><p>Provide legal support (including development, structuring and maintenance) on a variety of asset management products, including private investment funds, REITs, and separately managed accounts working effectively with internal tax and external counsel to ensure structural efficiency.</p></li><li><p>Advise/draft with varying support from external counsel on all fund documents, including any fund service provider agreements, joint ventures and investment management agreements.</p></li><li><p>Negotiate investment management agreements, side letters or other individually negotiated client agreements with institutional investors, including those subjects to ERISA or other fiduciary obligations.</p></li><li><p>Review/approve of marketing materials, investor communications and other communications under the new SEC Marketing Rule, GIPS compliance and internal policies.</p></li><li><p>Collaborate with Legal and Compliance colleagues in other jurisdictions on the application of marketing and private placement regulations of products offered in foreign jurisdictions and development of product structures to comply with these regulations.</p></li><li><p>Collaborate with colleagues in Legal and Compliance, maintaining a general understanding of the ESG environment as it applies to real estate in the US and associated applicable regulation and industry standards and provision of advice on how to achieve necessary compliance.</p></li></ul><p>Have knowledge or a general understanding of:</p><ul><li><p>The services agreements and arrangements pursuant to which private investment funds may be offered via retail wealth distribution platforms and ability to negotiate the same working with other colleagues in the legal group.</p></li><li><p>Securities laws and implications to fund formation and other aspects of business; support and advice for maintenance of appropriate compliance programs working with Lionstone Compliance Officer(s).</p></li><li><p>Fund and property-level financing structures, terms and constraints.</p></li><li><p>Partnership tax issues (U.S. and international) as it applies to fund formation and operation documents, investment structuring, carried interest, operating partners, and tax-exempt investors (UBTI), etc.</p></li><li><p>Market terms for third party service providers such as property managers and developers and preparation of related agreements.</p></li><li><p>Matters typical to the real estate business, including purchase and sale agreements, title, easements, zoning, development, constructions, HOAs and CCRs, entitlements, leasing, property management, slip and falls, tenant rent collection matters, tenant claims against landlord, etc.</p></li><li><p>Litigation and coordination with outside/internal litigation counsel.</p></li><li><p>Private equity upper tier structuring as it relates to employee and parent capital commitments and carried interests.</p></li><li><p>Bankruptcy as it applies to leases, real estate and other counterparties within the real estate business.</p></li><li><p>Corporate governance matters.</p></li><li><p>The applicability of the Home Owner's Loan Act and the Bank Holding Company Act (including the Volcker Rule) to real estate investment products is a plus.</p></li></ul><p>Required Qualifications</p><ul><li><p>10 - 20 years relevant experience providing legal support to an asset management real estate business, or working at a law firm within its asset management-real estate or securities law practice group</p></li><li><p>Experience managing outside counsel effectively</p></li><li><p>JD or equivalent</p></li><li><p>Extensive knowledge of federal securities laws, including the Securities Act of 1933, Securities Exchange Act of 1934, Investment Advisers Act of 1940, and the Investment Company Act of 1940 and the rules thereunder</p></li><li><p>Strong attention to detail, organization and ability to successfully manage several ongoing assignments</p></li><li><p>Ability to work independently, collaboratively and proactively, to multi-task and demonstrate a strong sense of urgency</p></li><li><p>Exceptional communication, interpersonal, writing and problem-solving skills</p></li><li><p>Strong collaboration skills and dedicated team player are essential</p></li></ul> Ameriprise Financial Boston MA

Vice President-Legal Counsel - U.S. Mutual Funds And Exchange Traded Funds Attorney

State Street Corporation