Senior Legal Counsel
2 months ago
About Northern Trust:
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution with over 130 years of experience providing innovative financial services and guidance to the world's most successful individuals, families, and institutions.
Role/ Department: Senior Legal Counsel/Banking Practice Group
Our team is looking for an experienced attorney to provide high-quality legal advice and counsel to our senior management and business partners. The ideal candidate will have broad experience in technology matters for a global financial organization, including 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.
Key Responsibilities:
• Advise business units, technology engineers, product development teams, and business unit legal teams in the development, negotiation, and support of client-facing contracts involving technology products and concepts.
• Develop and update template contracts, playbooks, terms of use, and other terms and conditions related to technology initiatives and products.
• Collaborate with other cross-functional teams and SMEs as needed.
• Advise and contribute to committees and working groups focused on new technology initiatives at the bank.
• Advise and 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.
• Stay current on legal and regulatory developments that impact the banking sector.
Requirements:
• Minimum combined ten 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.
• JD from an accredited law school and admitted to practice in Illinois.
Working Model:
We have a balanced hybrid working model that offers flexibility and collaboration. The successful candidate will spend time working in the office and working from home.
Working with Us:
As a Northern Trust partner, you'll be part of a flexible and collaborative work culture in an organization that values financial strength and stability. We encourage movement within the organization and have senior leaders accessible for guidance. We're committed to assisting the communities we serve and offer a workplace with a greater purpose.
We believe in a workplace that values diversity and inclusion. If you're excited about the role and the opportunity to work with us, we'd love to learn more about your experience and qualifications. Apply today and discuss your flexible working requirements with us.
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