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Assistant General Counsel- Vendor Contracts Attorney
Refer job# USAJ167678
Assistant General Counsel- Vendor Contracts Attorney The candidate will be providing legal support to Firms Procurement Department, including their Strategic Sourcing, Global Sourcing, Contingent Workforce, and Third Party Risk Management ( TPRM ) groups. Will be advising on vendor engagements by FIRMS, often involving software-as-a-service (SaaS) engagements, professional services, consulting, and other commercial transactions, ranging in complexity, profile, and scale. Reviewing, drafting and negotiating Firms vendor contracts and advising on related matters, including: software-as-a-service agreements; consulting and professional services agreements; software and intellectual property licenses; data and proprietary information licenses; agreements for outsourced services, computer hardware, software, cloud-based services, telecommunications, market data agreements, and customer-facing systems; sponsorship agreements. Interfacing with Firms business units, subject matter experts, and the Compliance, Risk, and TPRM groups to assess and mitigate risk during contract negotiations and throughout the lifecycle of a vendor relationship. Assisting other vendor contract attorneys with creation and implementation of contract policies, procedures, and controls for the legal review of vendor contracts. Preparing, reviewing, and updating standard template forms of vendor contracts. Providing legal guidance on issues that arise in connection with prospective and ongoing vendor management engagements, including contract interpretation, risks, and potential disputes. Supporting the Procurement Department's efforts to improve Firms utilization of vendors and suppliers, including providing feedback on risk mitigation, process efficiencies, and cost savings. Monitoring and remaining current on regulatory guidance and industry practices for effectively managing third-party risk. Overseeing outside counsel retained to advise on vendor contract negotiations and matters. Keep senior management and other personnel up to date on pertinent legal and regulatory developments, including pertinent legal risks. If needed and allocated to the successful candidate by the head of the Enterprise-Wide Banking group in the Legal Division, assist with providing legal support to the Corporate Real Estate division of the bank, which may include drafting and/or legal review of real estate agreements including: purchase agreements; lease agreements; subordination, non-disturbance and attornment agreements (SNDAs); and construction agreements. If needed and allocated to the successful candidate by the head of the Enterprise-Wide Banking group in the Legal Division, assist with providing legal support to the risk areas of the bank supporting various regulatory programs, including compliance, enterprise risk, operational risk, marketing and others.

The candidate should have J.D. degree. Must be licensed to practice law in New York or Delaware (or ability to obtain an in-house counsel license in New York or Delaware, as applicable). Must have 4 years of experience as an attorney or other relevant legal experience. Experience with commercial contract drafting and negotiations is required. Must have ability to handle multiple tasks, take on new responsibilities, and prioritize work in a deadline-intensive environment. Ability to understand and integrate details of business needs for a highly regulated financial institution environment in applying legal and policy requirements is required. Must have experience identifying, evaluating, and escalating legal risk issues. Should have exceptional written work product with a particular focus on contracts drafting and written client communications and exceptional written and verbal communication skills with the ability to communicate and relate at all levels of the organization, to deal with internal and external constituencies, including: senior business leaders; external counsel; regulatory officials; risk, compliance and audit counterparts at the organization; counterparts at other companies; and industry representatives. Demonstrated experience in leading others, both through direct relationships and/or indirectly influencing without direct authority is required. Experience negotiating corporate real estate agreements including: purchase agreements; lease agreements; subordination, non-disturbance and attornment agreements (SNDAs); and construction agreements is preferred. Experience with advising clients in matters related to trademark and copyright law, including securing and enforcing rights and defense against assertions of infringement is desired. Knowledge of cybersecurity, business continuity planning/disaster recovery, or privacy considerations as applicable to third-party engagements is a plus. Knowledge of cloud computing as applicable to third-party engagements is a plus. Familiarity and/or experience with bank regulatory programs and related laws is preferred.

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