At a Glance
- Tasks: Draft and negotiate legal contracts, advising on regulations and collaborating with global teams.
- Company: Join a leading financial services firm in Canary Wharf, London.
- Benefits: Enjoy flexible work-life support, paid volunteer days, and inclusive development opportunities.
- Other info: Be part of a diverse team that values results and fosters professional growth.
- Why this job: Make a real impact in a dynamic environment while working with top legal minds.
- Qualifications: Qualified solicitor or barrister with extensive experience in securities lending and regulatory compliance.
The predicted salary is between 80000 - 100000 £ per year.
Role Overview
This role is a key position in the Markets Legal team, advising the Financing Solutions business (comprising Agency Securities Lending, Prime Services and Secured Financing). The role is located in State Street’s offices in Canary Wharf, London, UK.
Qualifications
- Solicitor or barrister qualified to practise English law
- Right to work in the UK
- Extensive experience practising in a major law firm and/or in-house working in the relevant product areas in EMEA
- In-depth knowledge of securities lending and repurchase master agreements (e.g. the GMSLA and GMRA)
- Experience dealing with all aspects of MiFID, CASS and SFTR and strong awareness of other relevant regulatory requirements
- Good understanding of licensing laws relevant to cross-border activity in EMEA
- Track record of working in a high-performing team and working to tight deadlines
- Strong experience in drafting and negotiating market-standard and bespoke documentation
Responsibilities
- Drafting and negotiating legal contracts and documentation, including securities lending and repo agreements, and bespoke documentation
- Working closely with stakeholders in the development of new products and enhancement of existing offerings, including providing technical legal analysis in a clear and concise manner
- Collaborating with global legal colleagues to effectively and efficiently onboard new clients
- Conducting, leading and training others regarding netting, enforceability, jurisdictional and other reviews
- Advising on applicable laws and regulations and the impact on State Street’s business, and assisting with regulatory inquiries
- Active involvement in the preparation of legal analysis to be put before internal new product approval committees
- Instructing and managing external legal counsel
- Ensuring all internal legal templates, policies and guidelines are understood, implemented and are up to date with respect to applicable legislation
The duties and responsibilities noted above 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
- Results oriented with strong project management and execution skills
- Strong interpersonal and communication skills with ability to sustain strong relationships with clients, peers and stakeholders
- Ability to interact with colleagues at all levels in the organisation 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 organisational skills
- Ability to work independently but also thrive in a global, dynamic and team-oriented environment
- Flexibility and an eagerness to learn
- Ability to manage workflows in the best interests both of the business needs and their growth
Benefits
You’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most.
Legal Counsel, Vice President employer: State Street Corporation
State Street is an exceptional employer, offering a dynamic work environment in the heart of Canary Wharf, London. With a strong focus on employee development, flexible work-life balance, and vibrant networks, we empower our team to thrive both personally and professionally. Join us to be part of a high-performing legal team that values collaboration and innovation while navigating the complexities of the financial markets.
StudySmarter Expert Advice🤫
We think this is how you could land Legal Counsel, Vice President
✨Network Like a Pro
Get out there and connect with people in the legal field! Attend industry events, join relevant online forums, and don’t be shy about reaching out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interviews by researching the company and its culture. Think about how your experience aligns with their needs, especially in areas like securities lending and regulatory compliance. We want you to showcase your skills confidently and make a lasting impression!
✨Showcase Your Expertise
When you get the chance, demonstrate your knowledge of relevant laws and regulations. Whether it’s MiFID or CASS, we want to see that you can navigate these complexities. Bring examples from your past work to the table to highlight your expertise!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage with us directly!
We think you need these skills to ace Legal Counsel, Vice President
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Legal Counsel. Highlight your experience with securities lending and regulatory requirements, as well as any relevant qualifications. We want to see how your background aligns with what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our Markets Legal team. Be sure to mention your experience in drafting and negotiating legal contracts, and how you can contribute to our success.
Showcase Your Team Spirit:We value collaboration, so don’t forget to mention your experience working in high-performing teams. Share examples of how you’ve worked with stakeholders or trained others, as this will show us you’re a great team player!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at State Street Corporation
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of securities lending, repurchase master agreements, and relevant regulations like MiFID and CASS. Being able to discuss these topics confidently will show that you're not just familiar with the law but also understand how it applies to the role.
✨Showcase Your Experience
Prepare specific examples from your past work where you've successfully drafted and negotiated legal contracts or collaborated with stakeholders. This will help demonstrate your extensive experience and ability to thrive in a high-performing team, which is crucial for this position.
✨Communicate Clearly
Practice articulating complex legal concepts in a clear and concise manner. The interviewers will be looking for strong interpersonal skills, so being able to explain your thoughts effectively will set you apart from other candidates.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company’s approach to legal challenges in the financing solutions space. This shows your genuine interest in the position and helps you gauge if the company culture aligns with your values.
