Senior Director of Legal Affairs
3 weeks ago
The Senior Director of Legal Affairs will lead the Enterprise Governance and Legal Affairs department, responsible for corporate policy management, legal process review, and general legal support to all business units. This role requires a strong legal background, with a focus on consumer credit laws, regulations, and compliance.
Key Responsibilities- Oversee the Enterprise Governance and Legal Affairs department, ensuring compliance with federal and state regulations.
- Assist in the development and implementation of First Tech's Privacy Program.
- Partner with General Counsel to manage and monitor pending or threatened litigation, providing research and information as needed.
- Provide counsel to First Tech personnel on proposed, new, or existing retail loan and account products and services.
- Partner with outside counsel to represent the credit union in civil actions, including bankruptcy, delinquency collection, consumer protection, and intellectual property matters.
- Draft, review, and revise various legal documents, including Membership and Account Agreements, commercial contracts, and regulatory disclosures.
- Stay informed of legislation, regulations, and legal developments affecting federal credit unions and the financial services industry.
- Analyze and interpret laws, rulings, and regulations, providing probable outcomes for the credit union and its subsidiaries.
- Advise business units on NCUA, CFPB, and other consumer regulatory compliance matters, including consumer lending, deposit products, and services.
- Develop and perform periodic internal assessments and auditing strategies to identify potential compliance vulnerabilities.
- Conduct investigations regarding policy or conduct violations by staff, management, contractors, or vendors.
- Juris Doctorate from an ABA-accredited law school, admission to practice law, and good standing with at least one State Bar in the United States.
- Minimum 6 years' legal experience in related fields, including 3 or more years in financial services as a generalist or specifically concentrating in Consumer Lending, Commercial Lending, financial services operations, regulation, corporate governance, Privacy, payment services, collections/bankruptcy, contracting, and vendor management.
- Significant experience reviewing and advising on issues regarding federal and state consumer credit laws and regulations.
- Demonstrated experience leading and managing complex projects, prioritizing work assignments, and meeting the needs of a fast-paced environment.
- Excellent communication, negotiation, problem-solving, and writing skills, with the ability to effectively work with all levels of employees and management.
- Ability to make presentations to both small and large groups, including the Board of Directors.
- Ability to research, interpret, synthesize, and explain laws, rules, regulations, policies, and procedures to different audiences.
- Target Compensation: $180,000 to $200,000 + annual bonus.
- Traditional medical, dental, and vision coverage.
- 401K matching up to 5% per pay period.
- Accrue up to 17 days of Paid Time Off your first year of employment.
- 11 paid federal holidays.
- Special employee pricing on lending products.
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