Deputy General Counsel

4 weeks ago


South Bend, Indiana, United States 1st Source Bank Full time
Job Summary

We are seeking a highly skilled and experienced Deputy General Counsel to join our Legal Department at 1st Source Bank. The successful candidate will provide legal advice and support to the Bank on various forms of commercial and consumer lending, including commercial and industrial business loans, commercial real estate loans, and various types of specialty equipment finance loans and leases.

Key Responsibilities
  • Advise and counsel sales and operations teams on all aspects of commercial lending, including commercial and industrial business loans, commercial real estate loans, and specialty equipment finance loans and leases.
  • Provide legal advice and support for all proprietary loan and lease documentation templates.
  • Advises and counsels the Bank regarding consumer and business depository agreements and disclosures, including treasury products and services offered to business clients.
  • Provide oversight and supervision of the Bank's compliance with the Community Reinvestment Act.
  • Responsible for supervision of the Community Development Manager and the paralegal staff.
  • Support corporate governance board of director matters, including support for development of corporate policies.
  • Represent the Bank at banking trade association and peer group meetings.
  • Participate in monthly BSA/AML and Fraud Committee meetings.
  • Support coordination and management of litigation and responses to legal process.
  • Provide advice and support for contract disputes and other pre-litigation inquiries.
  • Oversee company's response to subpoenas, garnishments, and levies.
  • Coordinate, manage, and oversee outside counsel and litigation.
  • Act as Assistant Corporate Secretary for company and subsidiaries.
  • Support the CFO and Accounting Department with ensuring timely and proper SEC filings.
  • Keep informed of legal and industry-specific legal and regulatory changes to help ensure appropriate policies, procedures, and risk management strategies are in place.
  • Responsible for the completion of all compliance training assigned pursuant to the Bank's compliance training program.
  • Must understand all applicable laws and regulations that apply to the position and comply with the requirements.

Requirements
  • Minimum of eight to ten years' experience preferred in law firm or in-house legal department of a bank or other financial services firm.
  • Must have admission or agree to obtain admission to practice law in Indiana.
  • Deep expertise and experience with commercial lending, commercial real estate lending, equipment finance lending, and Article of the Uniform Commercial Code required.
  • Knowledge and experience with SEC compliance, general contract law and negotiation, general corporate law, civil litigation and procedure, bank regulatory requirements and guidance, and employment law preferred.
  • Knowledge of legal software or systems preferred.
  • Good PC skills-proficiency in Microsoft Word and Excel essential.
  • Strong written and verbal communication skills to prepare or draft documents, contracts, working with senior management and internal staff.
  • Proficient computer skills and legal software or systems knowledge to research information on rules, regulations, or laws associated with legal matters.
  • Ability to protect the confidentiality/privacy of others as appropriate, as well as of company documents and records.
  • High degree of attention to detail.

Education
Bachelor's degree and from an ABA accredited law school required.

Travel Requirements
Ability to travel as needed for meetings, projects, seminars, etc.

Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions. While performing the duties of this job, the employee is required to sit, stand, and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to pounds.

Equipment
MS Office, PC, phone, and standard office equipment.

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