Senior Counsel - General Banking
$200,000–$230,000 year
On-siteChicago, Illinois, United States or Indianapolis, Indiana, United States
Job Summary
Provide legal support to business lines and operational areas on general banking and regulatory matters, including branch operations, deposit accounts, payments, and treasury functions. Conduct legal research, review and draft customer agreements, disclosures, and internal policies, and respond to inquiries from the bank's help desk with actionable guidance. Advise on compliance with federal and state banking laws, privacy regulations, and emerging technology initiatives, while collaborating with risk, compliance, and operations teams to manage legal and operational risks. Manage outside counsel relationships and staff as needed.
Required Qualifications
- Minimum of 10 - 15 years' experience practicing law full-time working in a legal department of a medium or large financial institution, or with a major law firm with substantive experience during that time serving financial institutions
- Admitted to practice, and in good standing with the bar of one of the states in our footprint, with preference given to Illinois, Indiana or Minnesota, or qualified to be registered to practice as in-house counsel in the applicable state
- Ability to apply sound legal analysis and practical business judgment to legal matters with solutions-oriented approach that balances business objectives
- Ability to consult with and advise Bank management at all levels
- Strong written, oral and interpersonal communication skills
- Ability to deliver timely, high quality work product
- Ability to work independently and collaboratively in a fast-paced, client-focused, team environment
Desired Qualifications
- Strong understanding of federal and state banking laws and regulations, including those governing deposit operations, payments and related compliance areas
- Experience providing day-to-day support on branch operations, deposit services and treasury matters
- Experience reviewing, analyzing, revising and drafting bank customer-facing agreements and disclosures as well as internal policies and procedures
- Familiarity with privacy laws and data protection requirements, including GLBA, CCPA and other state privacy laws and emerging AI and technology regulations
- Prior experience advising on emerging technology initiatives, including responsible use of artificial intelligence and automation in financial services
- Excellent analytical, communication and relationship-building skills
- Ability to effectively communicate legal advice and engage with lines of business consistent with the Bank's culture and business strategy
- Demonstrated collaboration and relationship-building skills across business units, risk, compliance and operations teams
Additional Requirements
- Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, protected veteran status, disability, sexual orientation, gender identity, or any other characteristic protected by law.
- No resumes accepted from external staffing agencies or recruiters without an agreement.
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