Legal Counsel, Vice President ( Private Markets)

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Boston, MA, USA
In-Office
130K-205K Annually
Financial Services
The Role

Position Summary

State Street is a systemically important financial institution that, among other business lines, provides custody, fund administration and related investment services on a global basis to a broad range of institutional clients.  We are seeking an experienced attorney to support State Street’s Investment Services business in the Americas, including hedge fund and private equity fund servicing.  The work will include:

  • Providing legal and regulatory advice to business colleagues to support strategic changes to State Street’s business model, including new products, services, and partnerships
  • Drafting, reviewing and negotiating service agreements, disclosures and client communications
  • Analyzing regulatory issues impacting the business and its clients
  • Advising business partners at various levels of the organization in relation to State Street’s global operating model, including in respect of governance structures
  • Advising on claims, errors and potential litigation
  • Providing legal advice based on strong critical thinking, problem-solving and technical legal skills
  • Collaborating with business, compliance and legal partners to find solutions to challenging regulatory, contractual and operational issues
  • Advising business partners on commercial and legal terms that may impact the provision of services to hedge fund and private equity clients

Position Requirements

The ideal candidate will possess the following qualifications and skills:

  • Juris Doctor from an accredited United States law school
  • License to practice in Massachusetts or another state of the United States
  • Significant (4+ years) experience in the corporate department of a major law firm
  • Strong critical thinking, problem-solving and technical legal analysis skills
  • Excellent communication skills, both written and verbal
  • Demonstrated ability to build positive working relationships with legal colleagues and senior executives, including the ability to appropriately challenge and offer an alternative point of view
  • Ability to communicate and interact effectively across multiple levels and functional areas within a large organization
  • The ability to work in a varied and dynamic environment supporting global operations across time zones
  • Practice experience with investment funds, including regulatory and corporate aspects of investment fund formation and operation a plus
  • Experience with business development companies and private credit funds a plus

Salary Range:

$130,000 - $205,000 Annual

The range quoted above applies to the role in the location specified. If the candidate would ultimately work outside of the location above, the applicable range could differ.

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

State Street's Speak Up Line

State Street Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about State Street and has not been reviewed or approved by State Street.

  • Retirement Support — Retirement support is framed as a standout component, highlighted by a 401(k) match described as 100% on the first 6% of base salary. This is positioned as a meaningful offset to less competitive cash compensation for some roles.
  • Leave & Time Off Breadth — Leave and time off are portrayed as relatively robust, with references to multi-week vacation, paid holidays, sick time, and additional days tied to wellness or volunteering. This breadth is repeatedly treated as a tangible part of total rewards beyond base pay.
  • Wellbeing & Lifestyle Benefits — Wellbeing and lifestyle benefits are presented as extensive, including the BeWell program, fitness discounts, onsite or supported health resources, and financial counseling. These offerings are depicted as strengthening the overall benefits proposition even when pay satisfaction is tepid.

State Street Insights

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The Company
HQ: Boston, MA
39,782 Employees
Year Founded: 1792

What We Do

At State Street, we partner with institutional investors all over the world to provide comprehensive financial services, including investment management, investment research and trading, and investment servicing. Whether you are an asset manager, asset owner, alternative asset manager, insurance company, pension fund or official institution, you can rely on us to be focused on your challenges. We are committed to doing what it takes to help you perform better — now and in the future

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