Depositary Switzerland – Regulatory & Legal Oversight, Vice President at State Street Corporation - United States

Zurich, Zurich, Switzerland -

Full Time

Start Date

Immediate

Expiry Date

18 Oct, 26

Salary

0.0

Posted On

20 Jul, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Oversight, Legal Documentation Review, Fund Prospectus Analysis, Swiss Regulatory Compliance, Risk Management, Fiduciary Responsibility, Stakeholder Collaboration, Regulatory Judgment, FINMA Approval Processes, German Fluency, English Fluency, CISA Compliance, FIDLEG, FINIG, FINMAG, UCITS

Industry

Financial Services

Description

Who we are looking for: We are looking for an experienced regulatory and legal oversight professional to join the Depositary Switzerland team within State Street Bank International (SSBI). This Vice President role is responsible for helping ensure that our Swiss depositary bank activities meet applicable regulatory, legal and fiduciary requirements, while supporting operational excellence and alignment with State Street’s broader business objectives. The role focuses on oversight of Swiss regulatory requirements, including the Collective Investment Schemes Act (CISA), related ordinances and AMAS guidelines. Key responsibilities include reviewing and approving fund prospectuses, fund contracts and related legal documentation, as well as ensuring that State Street’s risk, independence and oversight responsibilities as Depositary are appropriately safeguarded. The role reports directly to the Head of Depositary Switzerland. The successful candidate will work closely with Swiss clients, local colleagues and internal partners across Client Service Operations, Custody, Fund Accounting and other State Street offices. We are seeking someone with strong regulatory judgement, legal documentation expertise and the ability to collaborate effectively across functions in a complex financial services environment. She/he will represent State Street as legal subject matter expert in industry bodies and working groups. Why this role is important to us This role sits within our Institutional Services function, which enables State Street to deliver integrated solutions to asset managers, asset owners, insurance companies and official institutions in Switzerland. By working across locations, products and capabilities, our client-facing teams bring together the full strength of the firm to support long-term client relationships. Depositary bank services are a fundamental part of State Street’s European business and a core component of our client offering in Switzerland. They require strong regulatory discipline, robust legal oversight and a clear understanding of the fiduciary responsibilities we assume on behalf of our clients and the funds we service. The person in this role helps ensure that our depositary activities are properly governed, coordinated and embedded within State Street’s global operating model. This includes supporting regulatory compliance, protecting the bank’s risk position and enabling effective collaboration across legal, operations, custody, fund accounting and client service teams. Join us if you are motivated by the opportunity to contribute to a highly regulated, client-critical business and to make a meaningful impact on the trusted relationships State Street builds with its clients. What we value: These skills will help you succeed in this role: • Ability to assess regulatory change and translate it into documentation and operational requirements. • Proven experience in fund prospectus and fund contract review for Swiss-domiciled funds. • Practical understanding of FINMA approval processes and regulatory correspondence. • High attention to detail, with the ability to distinguish legal, regulatory, and operational risk impacts. • Strong communication with excellent written and verbal expression. • Flexible team player with the ability to process ad-hoc work and control quality • Fluent German and English; additional languages are a plus. Education & Preferred Qualifications: A legal background (Swiss law degree or equivalent) is mandatory. Several years of experience in the fund business; legal knowledge of the fund industry; experience liaising with authorities. Knowledge of regulations: CISA and sub-ordinated, FIDLEG, FINIG, FINMAG & FINMA circulars, OR, UCITS etc. 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

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Responsibilities

Ensure Swiss depositary bank activities comply with regulatory, legal, and fiduciary requirements, specifically focusing on CISA and AMAS guidelines. Review and approve fund prospectuses and contracts while safeguarding the bank's risk and independence positions.