Technology Contracts Expert
5 days ago
Northern Trust is a leading financial institution seeking a highly experienced Senior Legal Counsel to join our team. The ideal candidate will have a strong background in technology law and be able to provide high-quality legal advice and counsel to our senior management and business partners.
**Job Summary:**
The Senior Legal Counsel will be responsible for providing legal advice and counsel on a wide range of technology-related matters. This includes general commercial contract negotiations, SaaS and licensing contracts, client-facing technology tools and products, cloud and on-prem technologies, distributed ledger technology, and artificial intelligence. The successful candidate will also have the opportunity to develop and update template contracts, playbooks, terms of use, and other terms and conditions related to technology initiatives and products.
**Key Responsibilities:**
* Provide legal advice and counsel to senior management and business partners on technology-related matters.
* Develop and update template contracts, playbooks, terms of use, and other terms and conditions related to technology initiatives and products.
* Collaborate with cross-functional teams and SMEs as needed.
* Lead negotiations around strategic transactions, including complex license agreements, reseller agreements, and other corporate development arrangements.
* Provide legal support for technology-related corporate initiatives as requested and support other Legal Department and Banking Practice Group team members.
**Requirements:**
* A minimum of 10 years of experience at a nationally recognized law firm and/or in-house legal department advising clients in relevant areas.
* Proven record of independently drafting, negotiating, and reviewing various types of technology contracts and agreements.
* In-depth experience with the legal and regulatory aspects that can impact contract requirements for financial organizations across jurisdictions.
* Experience working for a regulated financial institution.
* Ability to work cooperatively with all levels of the organization and provide legal advice and counsel on a wide range of technology-related matters.
* Excellent oral and written communication skills.
* Current knowledge of applicable existing and upcoming regulations impacting the banking industry.
**Estimated Salary Range: $220,000 - $300,000 per year.
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