State Street
Legal Counsel, Markets, Vice President
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Who We Are Looking For
This role is a key position in the Markets legal team and will primarily focus on supporting all aspects of our equity swaps offering within Prime Services. The successful candidate will also work on matters across the wider Financing Solutions business (comprising Agency Securities Lending, Prime Services, and Secured Financing).
The candidate will need experience working with sophisticated business partners and institutional clients in connection with these product types as well as experience in offering these products in the EMEA region in a post-Brexit environment.
The role is located in State Street’s offices in Canary Wharf, London, UK, and works in a hybrid model: 4 days onsite and 1 day remote.
Why this role is important to us
The person filling this role will be responsible for all aspects of supporting these businesses and their strategic growth initiatives and client onboardings.
What You Will Be Responsible For
The candidate will be responsible for duties including the following:
- Assisting in establishing, developing, supporting, and growing the equity derivatives offerings in our Prime Services business;
- Drafting and negotiating legal contracts and documentation, including ISDA master agreements, credit support annexes, master confirmation agreements, securities lending and repo agreements, and bespoke documentation;
- 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;
- Providing legal analysis in connection with changes to existing product offerings and new product offerings;
- Active involvement in the preparation of legal analysis to be put before internal new product approval committees;
- Assisting with regulatory inquiries;
- Providing legal support to senior global business colleagues;
- Instructing and managing external legal counsel;
- Ensuring all internal legal templates, policies, and guidelines are understood and implemented and are up to date against applicable legislation.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
What We Value
These skills will help you succeed in this role:
- Results oriented with strong project management and execution skills;
- Strong interpersonal and communication skills with the ability to sustain strong relationships with clients, peers, and stakeholders;
- Ability to interact with colleagues at all levels in the organization and in multiple jurisdictions;
- Keen understanding of market practice impacting the business lines in the relevant jurisdictions and the 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;
- Ability to manage workflows in the best interests of both the business needs and their growth.
Qualifications
- Solicitor or barrister qualified to practise English law;
- Extensive experience practicing in a major law firm and/or in-house working in the relevant product areas in EMEA;
- Strong background in Markets businesses, with a particular focus on equity derivatives and total return swaps.
- Experience as a business advisory lawyer, including assisting with product development initiatives and expansion into new markets (equity derivatives experience in APAC).
- Specific expertise in total return swaps and related hedging arrangements in the context of a prime brokerage offering;
- In-depth knowledge of ISDA Master Agreements and related collateral arrangements, equity derivative documentation including master confirmation agreements, and securities lending and repurchase master agreements (e.g., the GMSLA and GMRA);
- Experience dealing with all aspects of MiFID, EMIR, 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 sophisticated documentation;
- Right to work in the UK;
Get help with your application
Your very own career expert that helps elevate your application to the next level.
About State Street
Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.
We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, 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. Join us in shaping the future.
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.
Discover more information on jobs at StateStreet.com/careers
Read our CEO Statement
Job ID: R-792107
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location