Legal Counsel in Institutional Services UK Legal team, Vice President

Recruiter
State Street Corporation
Location
London, United Kingdom
Salary
Competitive
Posted
30 Jul 2022
Closes
29 Aug 2022
Ref
16117111
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Purpose of Role
This is a key role in the Institutional Services UKMEA ("IS UKMEA") legal team, advising the IS UKMEA business on the legal aspects of their activities .

Role specifics
  • Drafting and negotiating, and advising on, a broad range of service arrangements, including custody, fund accounting, middle office outsourcing, investment analytics and collateral management services for a variety of UKMEA clients including asset managers, official institutions, asset owners and insurance companies
  • Considering the legal implications of regulations applicable to the IS UKMEA business' operations and/or the services that it provides (including the FCA rules, in particular CASS and COBS)
  • Advising on legal issues related to new business development initiatives, including negotiating and drafting heads of terms documents, and reviewing and advising on tender documentation
  • Working with senior and executive legal, business, risk and compliance stakeholders to ensure that outcomes meet the requirements, priorities and deadlines of the business
  • Proactively providing local support to corporate legal initiatives, and new product and business developments, including drafting new template agreements
  • Collaborating with, and coordinating input from, lawyers in other business lines and jurisdictions
  • Instructing and managing external counsel

Qualifications:
  • minimum 5 years PQE

Skills and Experience
  • City law firm background
  • Strong commercial contract drafting and negotiation, written and verbal communication skills, ability to formulate legal advice and positions clearly and concisely in a commercial environment
  • Investment services and/or asset management experience
  • Solution-oriented, intellectual flexibility to work through complex issues with multiple stakeholders and to propose workable solutions within tight deadlines
  • Quick learner and team player with a proactive 'can do' approach
  • Ability to build good relationships with variety of stakeholders

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