What are the responsibilities and job description for the Head of Legal, Global Information Technology and Procurement, SVP position at State Street?
Senior Vice President (SVP) and Head of Legal, Global Information Technology and Procurement
Who We Are Looking For
The Senior Vice President (SVP) and Head of Legal, Global Information Technology and Procurement is responsible for providing informed and commercially practical legal counsel to State Street’s executive leadership in developing, adopting and implementing new and evolving technologies, protecting and ensuring resilient technology systems, structuring and managing critical third-party relationships and maintaining compliance with increasingly stringent regulatory frameworks globally. This responsibility includes incorporating strategic and tactical legal advice into State Street’s plans and practices to maintain information security, meet client expectations, engage and manage vendor relationships, execute acquisitions and complex technology-based strategic alliances and protect intellectual property.
The role reports the Executive Vice President and Global Head of Corporate and Regulatory Legal and has managerial responsibility for approximately 8 experienced technology licensing lawyers globally (including matrix managerial responsibility outside of the U.S.).
Why this role is important to us
State Street is a global systemically important financial institution competing with other large, multinational organizations to provide services to highly sophisticated clients under the strictest of regulatory standards. Information technology is at the core of everything we do and is how we provide and evolve the most advanced services while optimizing the efficiency and resiliency of service delivery. The team you will be leading plays key role in the overall success of the organization, offering viable solutions to navigate an evolving environment. Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges and drive performance and profitability. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day-to-day deliverables at our best.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What You Will Be Responsible For
As the SVP and Head of Legal, Global Information Technology and Procurement, you will:
These skills will help you succeed in this role :
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Discover more at StateStreet.com/career
Salary Range:
$225,000 - $337,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
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
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.
Job ID: R-781199
Who We Are Looking For
The Senior Vice President (SVP) and Head of Legal, Global Information Technology and Procurement is responsible for providing informed and commercially practical legal counsel to State Street’s executive leadership in developing, adopting and implementing new and evolving technologies, protecting and ensuring resilient technology systems, structuring and managing critical third-party relationships and maintaining compliance with increasingly stringent regulatory frameworks globally. This responsibility includes incorporating strategic and tactical legal advice into State Street’s plans and practices to maintain information security, meet client expectations, engage and manage vendor relationships, execute acquisitions and complex technology-based strategic alliances and protect intellectual property.
The role reports the Executive Vice President and Global Head of Corporate and Regulatory Legal and has managerial responsibility for approximately 8 experienced technology licensing lawyers globally (including matrix managerial responsibility outside of the U.S.).
Why this role is important to us
State Street is a global systemically important financial institution competing with other large, multinational organizations to provide services to highly sophisticated clients under the strictest of regulatory standards. Information technology is at the core of everything we do and is how we provide and evolve the most advanced services while optimizing the efficiency and resiliency of service delivery. The team you will be leading plays key role in the overall success of the organization, offering viable solutions to navigate an evolving environment. Across the globe, institutional investors rely on State Street to help them manage risk, respond to challenges and drive performance and profitability. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day-to-day deliverables at our best.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What You Will Be Responsible For
As the SVP and Head of Legal, Global Information Technology and Procurement, you will:
- Counsel the internal development of, and licensing or acquisition of third party, new and evolving technologies, including protection of proprietary and confidential information, compliance with third party intellectual property rights, internal governance, resiliency and sensitivity to regulatory frameworks globally
- Structure, negotiate, execute and implement critical technology and vendor relationships, including outsourcings, licensing arrangements, joint ventures and other strategic alliances, optimizing commercial opportunities for State Street while understanding, mitigating and internally communicating related risks
- Advise on maintaining effective continuing engagement, communication and oversight regarding technology and vendor relationships, implementation of associated governance processes and management of related disputes and claims
- Protect State Street’s intellectual property assets, including by implementing responsible practices in connection with system and product development activities, and State Street’s reputation
- Proactively identify, understand and communicate relevant information technology trends, and related legal developments, and their potential benefits or threats to State Street’s operations
- Monitor, maintain expertise in and counsel pragmatic implementation of regulatory standards and expectations for a global systemically important financial institution, including balancing potentially differing legal and regulatory requirements in multiple jurisdictions
- Advance and optimize Legal Department and corporate practices (e.g., vendor contracting, due diligence, IP protection) to a promote an environment of continuing simplification, process improvement and efficiency
- Leverage subject matter and legal expertise and visibility into State Street’s global objectives to provide proactive professional challenge and suggest solutions for both business lines and corporate functions to achieve risk sensitive and balanced outcomes that meet business goals, taking into account the entire State Street organization
- Manage outside counsel and other expenses, supporting departmental strategic development, goal-setting and reporting and ensuring timely reporting of relevant risks, developments and events to department leadership
These skills will help you succeed in this role :
- Credibly and concisely communicate with senior leaders in IT and business units globally to meaningfully convey valuable solutions and associated risks; Strong understanding of emerging technology
- Effectively collaborate with and influence diverse multi-disciplinary teams of varying levels of experience within business units, governance forums, other business and corporate legal groups, and IT, compliance, risk and other corporate functions to execute complex projects with urgency, efficiency and risk excellence
- Engage, develop and manage a talented group of ~8 attorneys globally
- Identify and implement innovative or alternative business processes intended to maximize productivity of Legal Department and corporate resources
- Have the capacity and presence to represent State Street in industry groups, mindful of maintaining advocacy for State Street’s strategic goals
- Develop and manage outside counsel relationships, including budgets, and reduce reliance on outside counsel to efficiently and cost-effectively achieve business objectives
- Significant expertise in information technology licensing, development of technology partnerships and alliances, intellectual property and related laws and industry practices
- Substantial experience and responsibility in contractual negotiations over a wide variety of technology, IP, licensing, service provider and other matters
- Superior communication, client service, drafting and writing skills, attention and fiduciary sensibility
- Experience and ability to excel, individually and collaboratively, in a multidisciplinary, highly regulated environment, communicating with various levels in a large, global firm
- Minimum 12 years of related work experience
- Juris Doctorate and bar admission
- Flexibility and an eagerness to learn
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit.
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 by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Discover more at StateStreet.com/career
Salary Range:
$225,000 - $337,500 Annual
The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.
Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.
For a full overview, visit https://hrportal.ehr.com/statestreet/Home.
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
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.
Job ID: R-781199
Salary : $225,000 - $337,500