Finance - Financial Services Regulation Attorney in Richmond, VA

In-House

Richmond, VA

Finance - Financial Services Regulation Attorney in Richmond, VA

Attorney

Min 12 yrs required

No

Job Title: Assistant General Counsel-Consumer Banking (HYBRID-Richmond, VA)

Job Responsibilities:
The Assistant General Counsel – Consumer Banking is responsible for providing expert legal advice and guidance to the Company on various issues related to consumer deposit and loan products and services. Key responsibilities include:
- Providing expert legal advice on laws, regulations, and standards affecting consumer deposit and loan products and services. This includes navigating complex legal frameworks such as the Dodd-Frank Act, the Federal Reserve Act, and regulations from agencies like the Federal Reserve, FDIC, OCC, and CFPB.
- Collaborating with internal partners across the Company to assess and manage legal, regulatory, and reputational risks associated with consumer banking products and services.
- Offering guidance to internal partners during regulatory examinations and audits.
- Advising on the development and launching of consumer banking deposit and loan products and services, including marketing, disclosures, contractual negotiations, compliance management, and operational implementation.
- Assisting in the evaluation and development of consumer banking policies and practices that adhere to legal and regulatory standards.
- Providing legal support and performing various tasks to protect the Company's business, commercial, and reputational interests.

Organizational Relationship:
The Assistant General Counsel reports to the General Counsel or an Associate General Counsel, as assigned.

Education and Experience:
- Minimum of 12 years of experience as a practicing attorney with relevant financial services experience, with at least 5 years as in-house counsel at a highly respected financial institution.
- Must be a licensed attorney admitted to practice in Virginia, North Carolina, or New York, or able to meet reciprocity or corporate counsel requirements for admission in one of these jurisdictions.
- Completion of an accredited Law School with a Juris Doctor (.) degree.
- Completion of four years of undergraduate study with a degree.

Knowledge and Skills:
- High level of knowledge in legal expertise related to consumer banking.
- Ability to make sound legal judgments and find proactive solutions independently.
- Excellent analytical, writing, and communication skills.
- Ability to work independently and manage multiple projects in a fast-paced environment.
- Strong interpersonal skills 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.
- Collaborative work style and ability to contribute to team goals.
- Excellent attention to detail and organizational skills.
- Adherence to the highest ethical standards in the legal profession.

Salary Information:
The salary range for this position is $161,007 USD to $268,872 USD. The offered salary will be based on several factors, including education, work experience, and certifications. This position is eligible to participate in either an applicable incentive compensation plan or a discretionary profit-sharing bonus program. General information on the comprehensive benefits package can be found on the Company's careers page.

The Company is proud to be an Equal Employment Opportunity employer and maintains a drug-free workplace.