Head of Asset Manager & Insurance Legal, Investment Services (Americas) - Managing Director

Overview of the Investment Services (Americas) Legal Team The Investment Services (Americas) Legal team provides strategic advice and counsel to business and control colleagues in accordance with the highest standards of judgment, integrity and ethical leadership. The team partners closely with clients and internal stakeholders to deliver practical, business-oriented legal solutions that support State Street’s global alternatives, asset manager, asset owner and insurance clients in the Americas. The team advises on a broad range of asset servicing products and services, including custody, accounting, trustee, transfer agency and fund administration, and supports client relationships, product development, operational strategy, regulatory matters, risk management, transformation initiatives and complex commercial arrangements across the Americas Who we are looking for We are seeking a seasoned attorney and strategic leader to serve as Managing Director, Investment Services Legal (Americas).  In this role, you will lead, manage and develop a team of attorneys and legal professionals who support the Bank’s Asset Manager and Insurance Segment clients. This client base includes registered investment companies, ETFs, mutual funds, money market funds, business development companies, investment advisers, insurance companies and related fund, adviser and insurance client complexes. You will serve as a trusted advisor to senior business partners, control functions and client-facing teams on legal, regulatory, governance, operational and risk management matters affecting Asset Manager and Insurance Segment clients and related asset servicing products and services, including custody, fund accounting, trustee, fund administration, transfer agency, ETF servicing, collateral services and related back office services. The successful candidate will be expected to combine deep knowledge of the Investment Company Act of 1940, the Investment Advisers Act of 1940 and insurance regulatory frameworks with strong business judgment, operational fluency and the ability to provide practical, risk-based legal advice in a fast-paced, high regulated environment.   What you will be responsible for Lead the legal team responsible for supporting the Bank’s Asset Manager and Insurance Segment clients, including registered funds, ETFs, mutual funds, money market funds, business development companies, investment adviser relationships, insurance companies and related institutional client relationships. Act as a trusted legal advisor to senior business leaders on legal, regulatory, operational, commercial and reputational risks associated with servicing Asset Manager and Insurance Segment clients. Provide practical and expert legal advice related to clients subject to the Investment Company Act of 1940, Investment Advisers Act of 1940, Securities Act of 1933, Securities Exchange Act of 1934, SEC rules and regulations, fiduciary obligations, disclosure requirements and related regulatory expectations. Provide legal support for insurance client matters, including issues involving state insurance regulation, NAIC frameworks, insurer investment regulation, risk-based capital considerations, statutory accounting concepts, separate accounts, affiliated transactions, reinsurance-related considerations and regulatory expectations applicable to insurance company clients. Advise on custody, fund administration, fund accounting, trustee, transfer agency, ETF servicing, middle office, securities lending, cash, collateral and related asset servicing products and services provided to registered fund and insurance clients. Oversee the drafting, review and negotiation of complex asset servicing agreements, disclosures, client communications and related documentation. Partner with Compliance, Risk, Audit, Operations, Product, Technology, Procurement and other control functions to address regulatory change, remediation efforts, incident response and governance enhancements.