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AVP, Assistant General Counsel
2 months ago
Job Summary:
This role reports to the General Counsel and handles projects associated with various areas of law, including commercial and consumer lending, transactional work, regulatory issues, Fintech issues, litigation management support, and bankruptcy.
The candidate will work closely with all levels of management and staff, all departments within the company, and provide legal advice that will minimize risk and capitalize on business opportunities.
Key Responsibilities:
- Handle day-to-day loan related issues, including but not limited to amendments, addenda, questions from internal and external clients, and communications with counter parties.
- Provide legal support on a broad range of general transactional matters, including the growth and expansion of the company's lending products and services.
- Coordinate responses to and advise on third party discovery.
- Support the business unit by drafting correspondence, providing legal advice, and communicating with third parties about the company's collateral or rights.
- Handle loan-related bankruptcy issues including, but not limited to, bankruptcy docket reviews, communications with the Trustee and/or opposing counsel, Motions for Authority to Procure Financing, Motions for Relief, and preferential transfer claims.
- Draft, review, and negotiate contracts, agreements, letters of understanding, such as non-disclosure agreements, third party agreements, settlement agreements, vendor contracts, etc.
- Conduct statutory and/or regulatory legal research utilizing LEXISNEXIS and other search engines and provide recommendations to ensure the company's compliance with regulatory requirements.
- Interact positively with regulatory agencies, investigators, and other parties related to the loan transactions by investigating and responding to complaints, inquiries, etc.
- Assist in litigation management.
- Effectively advise the business unit through both written and oral communication.
Requirements:
- 2-3 years related legal experience preferably in financial service, banking, contract drafting and/or insurance.
- Specialized Advanced degree (PhD, J.D.)
- Licensed to practice law in Illinois (and in good standing with the Illinois bar) required
- Advanced computer skills required
Benefits:
- Medical Insurance
- Dental
- Vision
- Life insurance
- Accidental death and dismemberment
- Short-term and long term Disability Insurance
- Parental Leave
- Employee Assistance Program (EAP)
- Traditional and Roth 401(k) with company match
- Flexible Spending Account (FSA)
- Employee Stock Purchase Plan at 5% discount
- Critical Illness Insurance
- Accident Insurance
- Transportation and Commuting Benefits
- Banking Benefits
- Pet Insurance