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Leadership role overseeing legal functions for State Street Ireland.
Senior legal lead managing compliance, governance, and client contracts.
Managing Director, Head of Ireland Legal
Role Summary
The Head of Ireland Legal provides senior legal leadership to State Street’s depositary, custody and fund administration services offered in Ireland, related entity governance and regulatory counsel. State Street’s investment management business in Ireland is separately managed and not part of this mandate. In this role you will serve as an in-house subject matter expert across global custody, depositary services, and related investment servicing products, the negotiation of large contractual mandates and client disputes. You will also advise on evolving industry best practices and associated legal and regulatory standards as well as product level regulatory requirements applicable in the context of locally regulated depositary and fund administration companies, as subsidiaries of a US global systemically important bank. The role is critical in effectively counseling legal and regulatory considerations and contributing balanced solutions throughout State Street’s global operations that align with its strategic priorities. A seasoned ability to communicate with senior executives is key to successful execution of this role, as is a strong ability to collaborate across jurisdictions and departments and with other expert lawyers and professionals in the Legal Division. This role reports to the SVP Head of IS EMEA Legal and manages a small local legal team.
Key Responsibilities
- Counselling the Ireland executive management team in strategic decision-making, including local governance and Central Bank of Ireland regulatory expectations and best practices.
- Leading regulatory and governance counselling to country management, the Ireland entity boards, the compliance function, the company secretarial function and representing the company with the Central Bank of Ireland where appropriate.
- Managing legal support to all client commercial contracting for State Street’s Investment Services, Alpha, CRD, Wealth and Global Delivery organizations in Ireland, including product related regulatory considerations.
- Providing advice and guidance on outsourcing, management of client disputes, internal investigations, and regulatory remediation programs.
- Navigating jurisdictional differences in investment servicing legal and regulatory requirements.
- Managing, developing and engaging a team of legal professionals, with a strong focus on talent development.
- Ensuring timely reporting of relevant risks, developments and events to Legal Division senior leadership and local management.
- Managing outside counsel and other expenses.
- Communicating with stakeholders (e.g., executives, industry peers and regulators) regarding investment servicing topics.
- Developing relationships with peers within the financial services industry and external counsel, and representing State Street in industry forums.
Qualifications
- The qualified candidate must be a recognized subject matter expert in legal issues associated with one or more of the following areas: global custody, collective investment schemes and vehicles, commercial outsourcing, or asset management.
- Preferably 20+ years related work experience, with demonstrated management and leadership background.
- Extensive senior-level experience, including expertise in regulatory matters in Ireland, with demonstrated management and leadership background.
- Proven interpersonal and communication skills.
- Demonstrated experience in stakeholder management, evaluating risks and counselling with sound judgement.
- Highly organized with extensive problem-solving.
- Law degree from an accredited university, and admitted to practice in Ireland.
Are you the right candidate? Yes! 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
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.
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