Counsel I - Legal Unit

Full-time

No

Job Overview: Counsel I – Legal Unit The Division of Banks is seeking a Counsel I to provide legal support services to the Division’s supervision units and field examination staff in the many complex and specialized areas of law either administered or enforced by the agency. The Counsel I position is a hybrid position and various schedule options are available. Primary Duties: Research and draft regulatory approvals, formal and informal legal opinions, and transactional and other regulatory approvals Respond to legal inquiries from legislators, regulated entities, members of the legal community, consumers, other agencies, and agency staff Research potential legislation and regulations Research and develop legal and regulatory guidance and interpretations of applicable statutes and regulations Review and analyze applications filed with the Board of Bank Incorporation, and other merger, reorganization, stock conversions, and other transactional filings submitted to the Division Review and analyze requests for regulatory approval Assist in providing legal support to the staff of the Division’s Enforcement Unit and field examination staff Review the potential impact of proposed and enacted federal legislation and regulations on the Commonwealth’s financial services industry Interface with attorneys representing licensed entities in the enforcement process and related follow up communications Assist during administrative or adjudicatory hearings relative to the issuance, suspension, or revocation of licenses Assist in the research and drafting of new regulations and amendments to the Division’s regulations Assist in the research and drafting of legislative summaries, proposed legislative testimony, and proposed legislation for filing by the Division Salary: The position is a union position in the National Association of Government Employees (NAGE) Unit 6 and the salary is within Grade 14. The annual salary range for this position is $68, to $98,. Salary (step) placement is based on relevant experience. Benefits: The Division of Banks offers a progressive training program and paths for career advancement within the agency. Division employees are eligible for competitive Commonwealth of Massachusetts employee benefits which include generous leave policies and tuition remission at state colleges. Overview of the Division of Banks The mission of the Division of Banks is to ensure a sound, competitive, and accessible financial services environment throughout the Commonwealth. The Division maintains public confidence in Massachusetts financial institutions through the oversight of state chartered banks and credit unions, as well as the supervision and licensing of the mortgage lending, money services business, sales finance, debt collection, and loan servicing industries operating in Massachusetts. The majority of the Division's employees are Examiners who conduct a variety of on-site and off-site examinations at financial institutions and licensed entities under the Division's jurisdiction. Equal Opportunity Employer: The Division of Banks is committed to creating and sustaining a work culture that is welcoming, inclusive, and mutually respectful to all its employees regardless of race, color, age, creed, religion, national origin, ethnicity, sex, gender identity or expression, sexual orientation, genetic information, veteran or disability status. The Division of Banks is an Equal Opportunity Employer and does not discriminate on the basis of race, religion, color, sex, gender identity or expression, sexual orientation, age, disability, national origin, veteran status, or any other basis covered by appropriate law. Job Description: Counsel I – Legal Unit The Division of Banks is currently accepting applications for the position of Counsel I. The Counsel I provides legal support services to the Division of Banks’ supervision units and field examination staff in the many complex and specialized areas of law either administered or enforced by the agency. The Counsel I may be called upon to provide support to any of the Division’s units, including the Depository Examination Unit, the Non-Depository Examination Unit, and the Enforcement and Investigations Unit. The Counsel I is responsible for researching and drafting regulatory approvals, formal and informal legal opinions, and transactional and other regulatory approvals; responding to legal inquiries received by the Division from legislators, regulated entities, members of the legal community, consumers, other agencies, and agency staff; and researching potential legislation and regulations. Preferred Qualifications: Familiar with Massachusetts and Federal Banking Law, structure of state and federal banking institutions and licensed entities, and legislative processes – or a commitment and plan to develop a thorough understanding of these areas of law. Familiar with principles of Administrative Law and Commercial Law. Ability to independently research and develop solutions for problem areas encountered and analyze complex legal issues and identify proposed solutions to same. Ability to write concisely, to express thoughts clearly, to develop ideas in logical sequence, and to clearly describe and explain legal issues and research results. Ability to give written and oral instructions in a precise, understandable manner. Ability to exercise discretion in handling confidential information and to apply sound judgment in administering public and non-public information. Ability to take initiative, work independently and productively, and organize a workload consisting of multiple competing priorities in order to complete tasks and assignments on time and with a high level of quality. Demonstrated commitment to valuing diversity and contributing to an inclusive working and learning environment Minimum Entrance Requirements: Applicants must have a Juris Doctor (JD) degree, admission to the Massachusetts Bar and some experience in legal research, legal writing, and legal procedures and processes. Incumbents may be required to have

Employee Benefits and Rewards

Legal Research, Legal Writing, Legal Procedures and Processes

Juris Doctor (JD) Degree

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Qualification and Experience Juris Doctor (JD) Degree, admission to the Massachusetts Bar, and some experience in legal research, legal writing, and legal procedures and processes

Legal