The asset management industry is evolving. Clients need more than products; they need a trusted partner and advisor to help them achieve their goals. The State Street Global Advisors Legal Department endeavors to provide strategic advice and counsel to its business and control colleagues in accordance with the highest standards of judgment, integrity and ethical leadership. We partner closely with these teams to find strategic solutions for our clients and contribute to the overall success of the firm. We are seeking a senior attorney who can excel in this environment and help others on their team to do the same. In this role, you will be responsible for providing legal support, advice and counsel to our US mutual fund and ETF product and funds management teams with respect to the organization, marketing, management and governance of our US registered mutual funds and ETFs.
To be successful, you will develop a deep understanding of the firm's investment and operational capabilities, service offerings, culture and vision, regulatory and supervisory landscape in order to serve as a trusted advisor to your business and control partners, and efficiently identify, diagnose and help to address complex legal issues. You will need to build and maintain collaborative relationships with key internal teams, including management and senior executive business leaders, risk and compliance executives.
This role is part of the Legal Department and reports to the SSGA Deputy General Counsel/Chief Legal Officer of the SSGA Mutual Funds and SPDR ETFs.
What you will be responsible for As Vice President and Senior Counsel you will be responsible for providing practical and actionable legal advice and counsel with respect to our U.S. mutual funds and exchanges traded funds that are registered under the Investment Company Act of 1940. This will include:
drafting and preparing U.S. registered fund disclosure documents
negotiating and drafting mutual funds and ETF distribution agreements
assisting the Chief Legal Officer of the SSGA Mutual Funds and SPDR ETFs in providing legal support to U.S. registered fund boards and attending board meetings
analyzing proposed and new regulatory developments impacting U.S. registered funds
providing advice and counsel to the SSGA business and compliance teams regarding Investment Company Act regulatory requirements
working with the SSGA and SPDR business teams on U.S. registered product development and fund management issues, and
reviewing marketing materials related to marketing and sale of US registered funds.
What we value These skills will help you succeed in this role
Extensive knowledge of the Investment Company Act of 1940 and the Investment Advisers Act of 1940
A strong understanding of investment strategies and U.S. registered funds
The ability to evaluate legal, financial, regulatory and reputational risk and escalate to executive management as needed
Strong communication (written and verbal), client service and collaboration skills
Strong research, time management, planning and organizational skills
Ability to work independently but also thrive in a global, dynamic and team-oriented environment
Proven ability to interact with and advise multiple businesses and coordinate with legal colleagues in other jurisdictions and business areas on related areas of law or conflicts of law matters
Prior experience interfacing with regulatory personnel
Education & Preferred Qualifications
7-10 years of experience in investment management practice, at either a law firm or the legal department of a financial services company, preferably both
Strong academic credentials
JD from an accredited law school
License to practice in work location
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