Description:

A Bank Holding Company' Legal Department, an Assistant General Counsel will have the opportunity to provide legal advice and guidance to clients and colleagues on a wide variety of legal issues. The Legal Department is focused on attracting, retaining, and developing great people in an inclusive environment where each person is valued for the distinct skills and attributes they bring to the team. The Legal Department is currently pursuing the Mansfield certification. Please see additional information regarding this position listed below skills/competencies.

Primary Responsibilities:

Partners with business units and executive leadership to provide practical legal advice on issues related to complex business and banking matters
Provides strategic, pragmatic, and expert legal advice to business units
Advises senior management as to the interpretation of laws and regulations and on new and recent changes in laws and regulations that affect the Bank
Monitors and remains up to date on emerging legislative developments that may affect the Bank
Participates in line of business-initiated projects such as drafting policies and procedures on new regulations and amendments or new interpretations of existing regulations
Provides expert assessment of legal risk when business decisions are made, demonstrating particular consideration for the Bank's reputation as well as our clients and assets
Works with and manages outside counsel on legal issues impacting the Bank and related matter budgets
May lead and manage other Assistant General Counsel, specialists or paralegal staff
Provides assistance with training bankers, associates, operational staff and customer support staff on legal issues
Provides expert legal counsel on a wide range of legal issues and works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors.
Proactively and consistently develops relationships based on trust across the organization; grows internal and external networks
Ability to work in a collaborative environment with multiple stakeholders to include senior and executive management
Has distinct, independent ownership of a legal function or specialization
Provides mentoring opportunities for legal staff and serves as a resource for legal staff

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

This position is incentive eligible.

Requirements:

Law Degree
Licensed in good standing to practice law in at least one jurisdiction
Ten (10) years of legal experience at a regulatory agency, in the financial services industry, or at a law firm with strong knowledge of bank regulations or other relevant practical legal experience

Skills and Competencies:

Ability to build strong partnerships with senior leadership in order to drive results
Ability to lead and manage a team of attorneys and support staff which provides legal support to an entire line of business
Ability to manage a high-volume workload and reach prompt, pragmatic decisions
Ability to work in a collaborative environment with multiple stakeholders to include Executive leadership
Advanced organizational skills
Consistently demonstrated ability to assimilate and analyze facts and present complex issues in a clear and concise manner and provide succinct results-oriented legal advice
Consistently demonstrated ability to manage matters from start to finish with little to no oversight. Ability to lead and manage a team of attorneys and support staff which provides legal support to an entire line of business
Demonstrated ability to comfortably and confidently operate in a constantly changing environment
Excellent verbal and written communication skills
Expert analytical, research, decision-making and problem-solving skills combined with effective time management and project management/planning skills
Possesses unique legal expertise in multiple specialized areas of the law
Well-developed ability to tactfully navigate complex discussions

Preferred Skills:

Consumer Lending:

Open-end Credit
Closed- end Credit
Consumer Credit Cards

Card Networks & Payment Card Services - Broad base understanding of payment card issuers, acquirers, service providers and related regulatory compliance issues, and Card Network Operating Rules and Procedures; including Chargeback Rules.
Deposits, Payments and Payment Systems

Related issues including checks, cashier checks, official checks, check warranty claims, wires, prepaid, credit and debit cards; remittance transfers
ACH & Check Services – Experience with ACH Processors and check based payments, including third party service providers, third party senders, etc. related to authorization, acceptance and processing of ACH and check based payments.
Real Time Payments
Mobile, Online Banking & Bill Pay
UCC Articles 3, 4, 4A
NACHA Operating Rules
ECCOH Rules
Card Network & Chargeback Rules, etc.

Federal Consumer Regulations & Related Laws – EFTA/Reg.E; TILA/Reg. Z, ECOA/Reg. B, FCRA/Reg. V, Military Lending Act, UDAAP, FDCPA, GLBA, AML/BSA, and state financial regulations.
Electronic Payments - Intermediate Transfers; P2P Payments, Prepaid Account & Staged Wallets; Funding Transaction Methods; Payment Transaction Methods; Faster Payments (Zelle) & Real Time Payments.

Transactional Fraud Management – Cards, Checks, ACH, Wire, Online, Mobile Banking & Digital Wallet disputes, Fraud investigations, Fraud prevention, etc.
Cutting Edge Technology & Emerging Payments
Comprehensive understanding of banking and fintechs and compliance issues related to emerging and evolving payment products and systems.
Advise on the design and implementation of financial products and services distributed through online, mobile, and other digital channels.
Advise on the use of mobile apps, chatbots, authentication, biometrics, APIs, SMS capabilities, and data aggregation, including related financial regulations (e.g., EFTA, FCRA, TCPA, GLBA, CAN SPAM, COPPA, CCPA, UDAAP, UCC, FDCPA, and FFIEC guidance).