The successful candidate will be responsible for working independently and as part of a legal team of circa six lawyers on a wide range of legal and regulatory matters relating to the foreign exchange sales and trading business, the research business and the portfolio solutions business (comprising currency management, agency brokerage and transition management) across the EMEA region. The candidate will need experience working with sophisticated business partners and institutional clients in connection with the offering of these product types in the EMEA region.
The role is hybrid and the candidate will be required to work principally in State Street’s offices in Canary Wharf, London, UK (in accordance with State Street’s policies, as amended from time to time).

Qualifications and experience will ideally include:

• Solicitor or barrister qualified to practise English law (or equivalent status in another common law jurisdiction)
• Right to work in the UK
• Experience of practising in a major law firm and/or in-house working in financial services or another area of business law
• Expertise in dealing with ISDA master agreements and related collateral arrangements, bespoke currency trading agreements, currency management agreements, agency brokerage agreements and research services agreements
• Experience in advising on MiFID/MiFIR and EMIR
• 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 and sophisticated drafting and negotiating skills.

Why this role is important to us
The successful candidate will be responsible for all aspects of supporting the relevant business teams in their day-to-day work and their growth initiatives.
What you will be responsible for

The successful candidate’s responsibilities will include the following:

• Drafting, reviewing and negotiating contracts and other documentation, including bespoke currency trading and currency management documentation, agency brokerage agreements, research payment agreements and netting documentation; reviewing escalation items from our negotiation team in relation to the ISDA documentation
• Collaborating with global legal colleagues
• Conducting, leading and training others regarding netting and enforceability reviews in relation to ISDA documentation
• Advising on applicable laws and regulations and carrying out regulatory impact assessments
• Providing legal analysis in connection with changes to existing product offerings and new product offerings
• Preparing legal analysis to be presented at internal new product approval committees
• Assisting with regulatory inquiries
• Providing legal support to global business colleagues
• Managing consultation processes with external legal counsel
• Ensuring all internal legal templates, policies and guidelines are understood and implemented and are up to date against applicable legislation.

The above responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the responsibilities that the candidate may be expected or asked to perform.
What we value

The following skills will help the successful candidate to succeed in this role:

• Results-oriented with strong project management and execution skills
• Strong interpersonal, communication and customer service skills with ability to sustain strong relationships with colleagues and internal and external clients
• Ability to interact with multiple levels of seniority in the organization globally
• Strong analytical skills, attention to detail and excellent drafting and negotiating abilities
• Ability to communicate complex issues in a clear and concise manner, whether verbally or in writing
• Ability to apply technical and legal knowledge to deliver practical solutions within applicable regulatory and risk parameters
• Good understanding of market practice impacting the business lines in the relevant jurisdictions and ability to work with business units to achieve practical solutions within applicable regulatory and risk parameters
• Keen interest in the financial services industry
• Strong time management, planning and organisational 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 the business and risk excellence.

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 and analytics, investment research and 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 benefits. 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 programme 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/career

The successful candidate’s responsibilities will include the following:

• Drafting, reviewing and negotiating contracts and other documentation, including bespoke currency trading and currency management documentation, agency brokerage agreements, research payment agreements and netting documentation; reviewing escalation items from our negotiation team in relation to the ISDA documentation
• Collaborating with global legal colleagues
• Conducting, leading and training others regarding netting and enforceability reviews in relation to ISDA documentation
• Advising on applicable laws and regulations and carrying out regulatory impact assessments
• Providing legal analysis in connection with changes to existing product offerings and new product offerings
• Preparing legal analysis to be presented at internal new product approval committees
• Assisting with regulatory inquiries
• Providing legal support to global business colleagues
• Managing consultation processes with external legal counsel
• Ensuring all internal legal templates, policies and guidelines are understood and implemented and are up to date against applicable legislation

The following skills will help the successful candidate to succeed in this role:

• Results-oriented with strong project management and execution skills
• Strong interpersonal, communication and customer service skills with ability to sustain strong relationships with colleagues and internal and external clients
• Ability to interact with multiple levels of seniority in the organization globally
• Strong analytical skills, attention to detail and excellent drafting and negotiating abilities
• Ability to communicate complex issues in a clear and concise manner, whether verbally or in writing
• Ability to apply technical and legal knowledge to deliver practical solutions within applicable regulatory and risk parameters
• Good understanding of market practice impacting the business lines in the relevant jurisdictions and ability to work with business units to achieve practical solutions within applicable regulatory and risk parameters
• Keen interest in the financial services industry
• Strong time management, planning and organisational 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 the business and risk excellence