Senior Counsel, VP - Wealth Services Legal

Who We Are Looking For The Senior Legal Counsel (VP) – Wealth, Custody & Clearing – Retail Brokerage is a senior legal advisor within State Street’s newly established Wealth business line. Reporting to the SVP, Head of Alpha and Wealth Services Legal, this role serves as the primary subject matter expert and strategic legal advisor for the firm’s retail brokerage activities, a core component of State Street’s Wealth strategy. The position requires a sophisticated legal executive with deep expertise in relevant regulatory frameworks, commercial arrangements, and market conduct standards. The successful candidate will exercise strong judgment and commercial acumen, and will be looking for a fast‑paced, strategically critical environment. What You Will Be Responsible For Provide comprehensive legal support for the firm’s Wealth businesses with a particular focus on the retail brokerage elements of State Street’s Wealth initiatives. Advise on SEC, CFTC, applicable bank regulation, and other applicable regulatory requirements for retail brokerage functions in a wealth environment. Oversee the development of the standard documentation process and disclosures and ultimately the negotiation of all relevant contracts including with RIAs, clearing brokers and other commercial parties. Support new product development opportunities driven by the Wealth Services business by identifying and addressing legal, commercial and regulatory considerations. Collaborate with business, operations, and compliance teams to ensure regulatory compliance in all activities. Monitor regulatory developments and provide strategic advice on implementation of new regulations. Represent the firm in industry groups and regulatory discussions. Manage relationships with external counsel on complex matters. Provide training to business units on relevant legal and regulatory issues. What We Value Results oriented with strong project management and execution skills. Strong interpersonal, communication and customer service skills with ability to sustain strong relationships with clients, peers and senior management. Ability to interact with multiple levels in an organization and across multiple jurisdictions. Keen 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. Strong time management, planning and organizational skills. Ability to work independently but also thrive in a global, dynamic and team‑oriented environment. Flexibility and an eagerness to learn. Qualifications JD degree from an accredited law school. 10+ years of legal experience in retail brokerage. In-depth knowledge of SEC, CFTC, FINRA and bank regulations applicable to broker dealers. Extensive experience with clearing agreements, brokerage agreements and RIA documentation. Previous experience at a financial institution, law firm with strong financial services practice, or regulatory agency. Excellent analytical skills and attention to detail. Strong communication and interpersonal skills. Ability to explain complex legal concepts to non‑legal colleagues. Salary Range $120,000 - $217,500 Annual Equal Employment Opportunity Statement 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. 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-787717 #J-18808-Ljbffr State Street