Assistant General Counsel, Bank Regulatory and Litigation

6 days 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 our commercial lending and compliance teams, as well as supervise personnel in the Legal Department.

Key Responsibilities
  • Advise and counsel sales and operations teams on commercial lending, commercial real estate lending, and specialty finance and leasing.
  • Provide legal advice and support for proprietary loan and lease documentation templates.
  • Advise and counsel the Bank on consumer and business depository agreements and disclosures.
  • Oversee the Bank's compliance with the Community Reinvestment Act.
  • Supervise the Community Development Manager and paralegal staff.
  • Support corporate governance board of director matters.
  • 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 the company's response to subpoenas, garnishments, and levies.
  • Coordinate, manage, and oversee outside counsel and litigation.
  • Act as Assistant Corporate Secretary for the company and subsidiaries.
  • Support the CFO and Accounting Department with timely and proper SEC filings.
  • Stay informed of legal and industry-specific changes to ensure appropriate policies, procedures, and risk management strategies are in place.
  • Complete all compliance training assigned pursuant to the Bank's compliance training program.
Requirements
  • Minimum of eight to ten years' experience in law firm or in-house legal department of a bank or other financial services firm.
  • Admission or agreement 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.
  • 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.
  • Knowledge of legal software or systems.
  • Good PC skills and proficiency in Microsoft Word and Excel.
  • Strong written and verbal communication skills.
  • Ability to protect the confidentiality/privacy of others and company documents and records.
  • High degree of attention to detail.
Education

Bachelor's degree and Juris Doctor from an American Bar Association (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.



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