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Date Last Verified
Years of Experience
ProfileLegal Counsel II The candidate will be responsible for drafting, reviewing and negotiating third party supplier contracts and related documents for technology, retail, human resources, and risk product and service transactions. Draft, review and negotiate third party supplier contracts for technology, retail, human resources, and risk product and service transactions. Structure and negotiate inter-company transactions in support of a complex corporate model that outsources its operations and technology to various affiliates. Address all regulatory issues (primarily Regulation W) arising from such transactions. Provide oversight and direction of the process for legal review and negotiation of technology and service contracts. Work with Third Party Provider Risk Management to establish and maintain standards for determining transaction-specific exceptions to standard contract terms. Provide counsel on corporate governance issues, in particular, with regard to third party relationships, privacy and data security. Such governance includes adherence to requirements set forth in addressed in OCC Bulletin 2013-29, CFPB Bulletin 2013-03, and Federal Reserve Guidance on Managing Outsourcing Risk 12.5.13, among others. Support the continued enhancement of standard contract forms to address changing regulatory requirements, business needs and industry standards.
Qualification and Experience
The candidate must have Bachelors or equivalent and Juris Doctorate or equivalent from an accredited law school. Should have 5+ years of experience practicing in a law firm or in-house corporate environment in banking or the financial services industry. Active and current license to practice law in a State within the Bankâ€™s footprint is needed. Advanced Microsoft Office (Outlook, Word, Excel & PowerPoint) and Sharepoint experience is must. Experience interacting with internal clients and senior management is essential. Excellent written/verbal communication, interpersonal and presentation skills is required. Independent problem solving skills and strong issue identification skills and excellence in drafting and negotiating is preferred. Strong analytical capability and demonstrated ability to manage high volumes of detailed information is desired. Strong understanding of intellectual property, privacy and data security, as well as a demonstrated ability to evaluate legal risks in consideration of business needs and regulatory requirements is helpful.
Santander Bank, NA
1 Beacon Street
Boston, MA 02108