Head of Legal, Global Information Technology and Procurement, SVPSTATE STREET CORPORATION • Boston, MA, United States
Head of Legal, Global Information Technology and Procurement, SVP
STATE STREET CORPORATION • Boston, MA, United States
[job_card.variable_hours_ago]
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- [job_card.full_time]
[job_card.job_description]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 : 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 What we value 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 Education & Preferred Qualifications 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 learnWe 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
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