Provide expert legal advice on consumer banking products and services throughout their entire lifecycle, ensuring compliance with federal and state regulations. Collaborate with internal teams to assess and manage legal, regulatory, and reputational risks associated with banking operations.
Responsibilities include but are not limited to:
Advise and assist on development of consumer banking deposit and loan products and payment services over the entire life cycle from ideation to launch, including advice on marketing, disclosures, product terms and conditions, federal and state legal and regulatory standards, compliance management, operational implementation, and business impact.
Provide expert legal advice on laws, regulations, and standards that are applicable to consumer deposit and loan products and services, including the Truth in Savings Act, Expedited Funds Availability Act, Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act, Electronic Funds Transfer Act, Fair Credit Reporting Act, Gramm-Leach Bliley Act and Unfair, Deceptive and Abusive Acts and Practices Act (UDAAP).
Collaborate with internal partners from across the Bank to assess the legal, regulatory and reputational risks associated with consumer banking deposit and loan products and services and develop approaches for managing such risks.
Assist internal partners in the evaluation and development of appropriate consumer banking policies and practices that conform to legal and regulatory standards.
Provide legal advice and support, and perform a wide variety of other tasks, as assigned to help the Bank protect its business, commercial, and reputational interests.
Qualifications
Required Skills:
Knowledge of and experience with consumer financial protection laws and regulations.
Ability to draft complex contractual documents and product disclosures, terms and conditions.
Strong interpersonal and communication skills, with the ability to collaborate with cross-functional teams.
Ability to navigate a fast-paced environment and handle multiple projects.
Impeccable attention to detail, unwavering commitment to excellence, and the highest standards of integrity.
Required Experience:
Juris Doctor degree from an accredited law school and a minimum of 5 years of relevant experience at a law firm or in house at a financial institution.
Active membership in good standing in at least one state bar.
Preferred Experience:
Experience with consumer financial services at a medium to large law firm with banking clients and/or an in-house legal department at a bank. Familiarity with consumer deposit and lending products.
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Marketing Manager
★★★★★
Verified
