VP Legal - Foreign Bank, NY Branch

Our client, a global banking organization, is looking to hire a VP Counsel who will report into the General Manager of their NY branch.

In this role, you will be a leader in the bank’s Legal Department, a high-energy group of legal professionals dedicated to exceptional client service, value, and trustworthy advice to enable the Bank’s business. This position provides advice and counsel to Bank management and business groups at all levels. This position serves as an expert resource on legal and regulatory issues related to business planning, strategy, operations, policies, procedures and reporting. This position also includes supporting governance activities for the Bank and its parent holding company. This General Counsel position is also the person who maintains a strong knowledge of laws, regulations, and business operations in order to address complex legal matters and solve problems.

As General Counsel, you’ll apply complex commercial transaction structuring, negotiation and analytical skills to initiatives that support the Bank’s robust and diverse business. You’ll obtain an understanding of the products, services and technologies that the Bank provides to its customers and business partners, and work with the Bank’s business lines and outside counsel.

RESPONSIBILITIES

• Drafting, reviewing, and negotiating all forms of bank related service agreements, such as customer account opening documents, third party provider contracts, SLA’s and NDA’s
• Serving as a key participant in the process of responding to regulator exam and auditor review requests and ensuring any relevant remediation is fully and timely implemented
• Manage, including drafting and negotiating, a wide range of digital transactions, in support of the Bank’s initiatives
• Counseling and advising the Bank’s business groups on complex legal issues that relate to transactions supporting new and existing products and platforms
• Collaborating with subject matter experts and stakeholders as part of risk management.
• Managing reporting and filing requirements with the SEC and NYSE, as well as corporate recordkeeping
• The above statements are intended to describe the general nature and level of work being performed by the people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required of personnel so classified. This job description does not constitute a contract of employment.
• Managing and coordinating outside counsel, when necessary
• Drafting and/or reviewing documentation for commercial and real estate loan transactions, loan syndications and participations, construction loans, letters of credit and other credit-related services, as needed
• Monitoring and advising Bank management and business groups of legal developments pertaining to the Bank’s business initiatives
• Communicating with regulatory authorities as requested by Bank management

EXPERIENCE REQUIREMENTS

• Juris Doctor from an accredited law school
• Active member in good standing of at least one state bar
• At least 6 years of transactional experience in a law firm, in-house legal department, or a combination

This role pays $180,000 - 220,000 Base