In-House Legal Counsel

4 weeks ago


Hauppauge, New York, United States Teachers Federal Credit Union (TFCU) Full time

Join Our Team

For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America's Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown into one of the leading credit unions in the United States. As we broaden our national reach, we will continue to ensure that Teachers is a Best Place to Bank and a Best Place to Work. Teachers offers a variety of exciting career opportunities ranging from part-time and full-time staffers to executive leadership roles.

SUMMARY:
The In-House Legal Counsel will be responsible for contract negotiations and review, and collaboration and support of internal stakeholders by providing legal advice on a wide array of legal, strategic, operational, governance, business, regulatory, and litigation matters, while aligning with the objectives of the organization.

JOB DUTIES:

Review, revise, and negotiate contracts and other corporate policies and governance documents as requested by VP Legal Counsel
Research and interpret existing laws and regulations and anticipated changes to laws to guide informed decisions and reduce risk
Perform research and provides legal advice in support of lending initiatives, retail and banking/financial services, regulatory compliance matters, litigation, BSA/AML, internal investigations, and other legal guidance impacting the organization
Provides various litigation support
Represent the Legal Department in meetings, on projects and committees with various business units and stakeholders and assist in the preparation of status reports for the executive team
Create and modernize templates, presentations, letters, responses, releases, settlement documents, attestations, confidentiality agreements, resolutions, affidavits, and certificates and review updates to templates prior to implementation
*Performs other duties as needed upon request by immediate supervisor

QUALIFICATIONS & EDUCATION:

Bachelors degree and JD from an accredited law school; admitted and in good standing to practice law in New York
Minimum two to four years relevant experience as a practicing attorney, with a background in banking, financial and/or compliance and a deep understanding of lending is desired;
Exceptional ethical and professional integrity, communication and interpersonal skills;
Extremely organized with a strong sense of priority, urgency and commitment to deadlines;
Driven and self-motivated with a strong desire for collaboration on complex and varied legal issues while also possessing the ability to work independently;
Ability to understand and interpret laws and regulations relevant to credit unions, banks, and general business operations in the financial services industry;
Exceptional oral and written communication and advocacy skills; and Excellent legal research and analysis skills required. Microsoft Office and Google Suite application proficiency preferred

Benefits of Joining the Teachers Team:

We provide a competitive compensation and benefits package that includes, but is not limited to:

Paid time off for vacation, personal days, and holidays
Fully-funded pension plan
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $116,000 to $145,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.




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