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Legal Counsel in Institutional Services UK Legal team, Vice President

Employer
State Street Corporation
Location
London, United Kingdom
Salary
Competitive
Closing date
Oct 19, 2022

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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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