Who We Are Looking For
Providing legal support to the State Street Global Treasury department and the Secured Financing business line within the Global Markets division of the organization is a challenging and highly visible role within the legal department. The role is located at One Congress Street in Boston, MA and qualifications include:
- Juris Doctorate from an accredited law school;
- License to practice law in Massachusetts;
- 5-7 years of experience at a major law firm;
- Experience with industry standard agreements such as ISDA, GMRA and MRA helpful but not required
- Knowledge of secured transactions, corporate finance transactions, securities laws and/or securities offerings are a plus;
- Strong and sophisticated drafting and negotiating skills;
- Team player who is strong collaborator with other team members and support partners;
- 4 days in office, 1 day remote plus option to work remotely up to 4 weeks per calendar year
Why this role is important to us
The Global Treasury department provides a critical function for the organization globally and the Secured Financing business is a key and growing area within State Street Global Markets division. The person filling this role will be responsible for all aspects of supporting these functions and businesses, including their initiatives and client onboardings.
What You Will Be Responsible For
Providing legal support for various aspects of State Street Global Treasury and Secured Financing, including deposit-taking activities, liquidity and funding transactions and support arrangements, securities offerings, share repurchase programs, inter-company transactions, the FICC Sponsored Member Repurchase Program, the Peer to Peer Repurchase Program, Triparty Custodial Agreements and Clearing Agreements. The candidate will be responsible for duties including the following:
- Drafting and negotiating legal contracts and documentation with clients and counterparties;
- Drafting board/committee votes and documentation for internal governance purposes;
- Collaborating with U.S. and global legal colleagues to effectively and efficiently onboard new clients;
- Advising on global applicable laws and regulations;
- Providing legal analysis in connection with changes to existing product offerings and new product offerings;
- Providing legal advice in connection with strategic initiatives and special projects;
- Assisting with regulatory inquiries;
- Providing legal support to senior global business colleagues;
- Managing consultation process with external legal counsel;
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 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 StateStreet.com/careers
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.
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.
State Street's Speak Up Line
Job ID: R-752203
