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Legal Counsel - Retail Banking & Wealth Management
Refer job# NMGR138155
Legal Counsel - Retail Banking & Wealth Management The candidate provides legal advice, guidance and support to Bank USA, N.A.'s Retail Banking & Wealth Management ( RBWM ) business to ensure that exposure to legal risk is managed. Provide counsel and legal support on a variety of legal matters, including matters pertaining to the law of Bank Deposits & Collections, Advertising and Operations that may be complex or may have some material impact to the RBWM business. Advise the business by ensuring that commercially sensitive, pragmatic and practical legal support and advice is provided in a cost-effective manner. Provide support and guidance to the business with regard to legal risks arising in jobholder's area of expertise. Provide prompt, commercial, practical and sometimes complex and/or specialized legal advice to the business (under the supervision of the Head of the RBWM Payments, Deposits & Bank Operations Legal Team). Be pro-active in the provision of legal support and in advising the business promptly of material legal developments and their implications. Ensure the Head of the RBWM Payments, Deposits & Bank Operations Legal Team and senior legal management are fully briefed on major issues arising in the relevant business area and major legislative changes in area of expertise. Support and assist the Head of the RBWM Payments, Deposits & Bank Operations Legal Team in managing legal risk across the lines of the RBWM business and support functions in accordance with established policies and procedures. Maintain and develop positive and professional working relationships with all members of the Legal Team in managing legal risk across the lines of business in accordance with established policies and procedures. Participate effectively as part of the RBWM Payments, Deposits & Bank Operations Legal Team. Share legal knowledge and best practices with legal colleagues. Manage internal support staff as appropriate. Provide legal services in a cost-effective manner. Co-ordinate and manage the approach to legal risk. Ensure that the interests of the Group are adequately protected. Assist the business to remain compliant with legal risk management requirements set out in the Group Standards Manual and Legal FIM. Maintain awareness of the operational risk scenario associated with the role and to ensure that all actions during employment with take account of the likelihood of operational risk occurring. Support the General Counsel of RBWM in providing overall leadership over all regulatory and compliance matters and the management of operational risk for the department or business area. Assists the Head of the RBWM Payments, Deposits & Bank Operations Legal Team in managing legal risk across the lines of business and support functions in accordance with established policies and procedures. The role requires an understanding of the structure of the Group and its culture and the ability to handle increasingly complex legal issues.

The candidate should have Juris Doctorate degree as well as admission to applicable state Bar and pertinent levels of courts in applicable states. Should have 7+ years proven and progressive corporate legal experience, or equivalent. Should have deepening knowledge of areas of specialty with ability to take a view as to how law is developing in order to advise client and reach a solution. Ability: Ability to adapt work style to meet complex and varied workloads. Ability to prioritize workloads in terms of legal risk and commercial consideration. Ability to think independently being mindful of maintaining an appropriate balance between management and mitigation of legal risk and business efficacy. Increasing ability to handle more complex tasks with less supervision. Ability to balance the need for further analysis and the need for a timely decision given commercial pressures. Ability to quickly apply abstract concepts of law and make quick, innovative decisions to resolve problems. Ability to defend the Company and Group affiliates from claims and advocate their interests while maintaining their reputation for honesty and integrity. Proficiency with personal computers as well as pertinent mainframe systems and software packages is needed. Closing Date : Mar 16, 2018, 9:29:00 AM.
This particular job is currently not active. However, since our clients regularly share with us similar and other job openings, we strongly recommend that you submit your resume. We shall review your resume and get in touch with you as soon as a suitable vacancy comes up to further discuss your interest in exploring the opportunity. Assisting you is our highest priority.

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