Assistant General Counsel-Consumer Banking (HYBRID-Richmond, VA)
Assistant General Counsel-Consumer Banking (HYBRID-Richmond, VA)
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Salary Not Disclosed
1 Vacancy
Job Description
The Assistant General Counsel Consumer Banking provides legal advice to the Company on issues affecting consumer deposit and loan products and services. S/he works closely with senior management and other internal partners to manage effectively the legal regulatory and reputational risks associated with such products and services. The responsibilities of the Assistant General Counsel Consumer Banking include but are not limited to:
Provide expert legal advice on laws regulations and standards that affect consumer deposit and loan products and services. Such laws regulations and standards include without limitation the DoddFrank Act; the Federal Reserve Act; regulations enacted by the Federal Reserve FDIC OCC CFPB and other federal and state regulatory agencies including the alphabet soup of federal consumer banking regulation; and federal and state banking and consumer protection laws.
Collaborate with internal partners from across the Company to assess the legal regulatory and reputational risks associated with consumer banking deposit and loan products and services and develop approaches for managing such risks.
Provide guidance to internal partners during regulatory examinations and audits.
Advise and assist on development of consumer banking deposit and loan products and services over the entire life cycle from ideation to launch including advice on marketing disclosures contractual provisions and negotiations federal and state legal and regulatory standards consumer protection laws compliance management operational implementation and business impact.
Assist internal partners in evaluation and development of appropriate consumer banking policies and practices that conform to legal and regulatory standards.
Provide legal advice and support and perform a wide variety of other tasks as assigned to help the Company protect its business commercial and reputational interests.
Organizational Relationship
The Assistant General Counsel reports to the General Counsel or an Associate General Counsel as assigned.
Position Qualifications
Education & Experience
Minimum of 12 years as a practicing attorney with relevant financial services experience of which at least 5 years was spent as inhouse counsel at a highly respected financial institution.
Licensed Attorney admitted to practice in one of the following jurisdictions: Virginia North Carolina or New York; or be able to satisfy reciprocity or corporate counsel requirements for admission into one of those jurisdictions
Completion of accredited Law School with degree (J.D.)
Completion of four years of college undergraduate study with degree
Knowledge & Skills
Demonstrated high level of knowledge in stated area of legal expertise
Able to make sound legal judgments and proactively find solutions independently without oversight
Excellent analytical writing and communication skills
Demonstrated ability to work independently and handle multiple projects in a fastpaced environment
Excellent interpersonal skills and the ability to interact effectively with a wide range of stakeholders
Business orientation and ability to provide practical solutions
Strong ability to identify risks and propose alternative structures to mitigate those risks
Ability to work collaboratively and contribute to team goals
Excellent attention to detail and ability to remain organized
Highest degree of adherence to ethical standards in the legal profession
Salary offered will be based on several factors including but not limited to education work experience certifications etc. This position is also eligible to participate in either an applicable incentive compensation plan for the position or a discretionary profit sharing bonus program. General information on our comprehensive benefits package can be found by visiting are proud to be an Equal Employment Opportunity employer. We maintain a drugfree workplace.
Employment Type
Full-Time
