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Years of Experience
Date Last Verified
Director, Legal Counsel The candidate will provide legal support for consumer and commercial deposit accounts including certificates of deposit offered through online banking. Additionally, provide legal support for consumer credit card products. Provide legal advice with respect to escalated consumer disputes and complaints related to deposit and credit card products. Provide legal advice to assist with drafting of policies and operating procedures. Provide legal advice with respect to management of third party service providers that support the deposit operations. Track and analyze legislative and regulatory activities related to deposit and credit card products and provide advice on applicability to the business.
Qualification and Experience
The candidate should have JD degree from accredited law school. Active and valid state license to practice law in applicable jurisdiction. Must have 5-7 years of relevant bank deposit related experience in-house with a bank or with a large law firm. Expertise with laws and regulations related to consumer deposits, including federal Truth in Savings Act, Electronic Fund Transfer Act, UDAAP and privacy disclosures required. Bank consumer deposit products experience (especially online banking) and those who have consumer financial protection law experience preferred. Ability to think creatively and strategically in order to understand business issues and link results to organizational effectiveness. Ability to work collaboratively in a matrixed organization and with limited supervision. Possess an intellectual curiosity to research, learn and apply industry knowledge to product ownership and development.
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