Finance - Banking Attorney Job Description

'Of all legal positions, the one most focused on money transactions may be a banking attorney. Such attorneys work with banks and their regulations, bank officials, or with those who are working with a bank. Deposit and trust accounts, credit card agreements, electronic banking, and so forth are topics a banking attorney would work with. Such lawyers must work well with money, understand how finances and business are run, and, more importantly, how they operate under law. Therefore, banking attorneys must know much more about financial law, keeping abreast of the Fair Credit Reporting Act (FCRA), the Truth in Lending Act, Real Estate Settlement Protection Act (RESPA) the Fair Debt Collection Practices Act, and the Truth in Savings Act.

Here are a few sample banking attorney job descriptions:

Mortgage Banking Regulatory Associate

The candidate should have a JD Degree from an ABA-approved law school and be an active member in good standing of the Bar. Should have 4-7 years of experience mortgage banking. Should have significant experience with the mortgage industry as well as other consumer financial products and services.

Finance Attorney

The candidate should be specializing in Finance law. Must have commercial finance experience, including experience in lending transaction, secured loans, and banking matters is required. Strong academics and communication skills are also required.

Banking and Finance Associate Attorney

The candidate should have 2-4 years of experience. Relevant and desired experience would include all aspects of routine commercial lending work, including cash flow lending, acquisition finance, asset based loan transactions and floorplan financing; preparation and review of documents, including opinion letters; familiarity with most types of security issues, particularly lien perfection issues and filing requirements; and familiarity with most types of loan related documents, including credit agreements, security agreements, indemnities, UCC's, guaranties, subordination agreements, and inter-creditor agreements. Must have a strong academic record, strong interpersonal skills with the ability to work well with a team, superior judgment, the ability to effectively handle multiple projects, and the ability to articulate legal strategies and courses of action. Must have a Missouri Bar license or commit to obtaining one as soon as possible.

Junior Banking and Finance Associate

The candidate should have 2-4 years of experience. Relevant and desired experience would include all aspects of routine commercial lending work, including cash flow lending, acquisition finance, asset based loan transactions and floorplan financing; preparation and review of documents, including opinion letters; familiarity with most types of security issues, particularly lien perfection issues and filing requirements; and familiarity with most types of loan related documents, including credit agreements, security agreements, indemnities, UCC's, guaranties, subordination agreements, and inter-creditor agreements. Must have a strong academic record, strong interpersonal skills with the ability to work well with a team, superior judgment, the ability to effectively handle multiple projects, and the ability to articulate legal strategies and courses of action. Should have a Missouri Bar license or commit to obtaining one as soon as possible.

Seeking a Public Finance Associate having 1-5 years of Public Finance, banking work or business transactional work experience. Candidates must have a specific interest in Public Finance. Should also have a J.D. degree from an ABA-approved law school and be an active member in good standing of the Bar.

Seeking a Mid to Senior-level Associate with 5+ years of solid banking and/or CLO experience. Candidate should have the ability and desire to independently run CLOs. Must have a JD degree from an ABA-approved law school and be an active member in good standing of the Bar.

Seeking a Junior Associate with 2 years of experience in banking or CLOs. Must have a JD degree from an ABA-approved law school and be an active member in good standing of the Bar.'