At a Glance
- Tasks: Draft and negotiate legal contracts while advising on regulatory matters.
- 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: Collaborate globally and thrive in a fast-paced, supportive environment.
- Why this job: Make a real impact in a dynamic team and grow your legal expertise.
- Qualifications: Qualified solicitor or barrister with extensive legal experience in relevant areas.
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.
As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.
Legal Counsel, Vice President in London 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 members 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 in London
✨Network Like a Pro
Get out there and connect with people in the legal field! Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to current employees at State Street. Building relationships can open doors that a CV just can’t.
✨Ace the Informational Interview
If you can, set up an informational interview with someone in the Markets Legal team. This is your chance to ask questions, show your interest, and get insider tips on what they’re really looking for in a candidate. Plus, it’s a great way to make a memorable impression!
✨Showcase Your Expertise
When you get the chance to chat with hiring managers or during interviews, make sure to highlight your experience with securities lending and regulatory requirements. Use specific examples from your past work to demonstrate how you can add value to their team.
✨Apply Through Our Website
Don’t forget to apply directly through the State Street website! It shows you’re serious about the role and gives you a better chance of being noticed. Plus, we love seeing candidates who take that extra step!
We think you need these skills to ace Legal Counsel, Vice President in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Legal Counsel. Highlight your experience in securities lending and regulatory knowledge, as these are key for us. Use specific examples that showcase your skills in drafting and negotiating legal documentation.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Explain why you’re passionate about this role and how your background aligns with our needs. Don’t forget to mention your experience with MiFID, CASS, and SFTR, as these are crucial for the position.
Showcase Your Team Spirit:We value collaboration, so make sure to highlight your experience working in high-performing teams. Share examples of how you've successfully worked with stakeholders and contributed to team goals, especially in a legal context.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
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 and repurchase master agreements. Be ready to discuss the GMSLA and GMRA in detail, as well as your experience with MiFID, CASS, and SFTR. This will show that you’re not just familiar with the terms but can apply them practically.
✨Showcase Your Team Spirit
Since this role involves working closely with stakeholders and global legal colleagues, be prepared to share examples of how you've successfully collaborated in high-pressure environments. Highlight your ability to manage tight deadlines while maintaining strong relationships with clients and peers.
✨Prepare for Technical Questions
Expect questions that dive deep into your legal analysis skills. Think about how you would approach advising on applicable laws and regulations, and be ready to explain your thought process clearly and concisely. Practising these scenarios can help you articulate your expertise during the interview.
✨Demonstrate Your Project Management Skills
This role values results-oriented individuals with strong project management abilities. Prepare to discuss specific projects where you’ve led initiatives or managed workflows effectively. Use concrete examples to illustrate how you balance business needs with regulatory requirements.