Brief Description
Join Our Team
For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America's Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown into one of the leading credit unions in the United States. As we broaden our national reach, we will continue to ensure that Teachers is a Best Place to Bank and a Best Place to Work. Teachers offers a variety of exciting career opportunities ranging from part-time and full-time staffers to executive leadership roles.
Summary
The In-House Legal Counsel will be responsible for contract negotiations and review, and collaboration and support of internal stakeholders by providing legal advice on a wide array of legal, strategic, operational, governance, business, regulatory, and litigation matters, while aligning with the objectives of the organization.
Job Duties
- Review, revise, and negotiate contracts and other corporate policies and governance documents as requested by VP Legal Counsel
- Research and interpret existing laws and regulations and anticipated changes to laws to guide informed decisions and reduce risk
- Perform research and provides legal advice in support of lending initiatives, retail and banking/financial services, regulatory compliance matters, litigation, BSA/AML, internal investigations, and other legal guidance impacting the organization
- Provides various litigation support
- Represent the Legal Department in meetings, on projects and committees with various business units and stakeholders and assist in the preparation of status reports for the executive team
- Create and modernize templates, presentations, letters, responses, releases, settlement documents, attestations, confidentiality agreements, resolutions, affidavits, and certificates and review updates to templates prior to implementation
- Performs other duties as needed upon request by immediate supervisor
Qualifications & Education
- Bachelor’s degree and JD from an accredited law school; admitted and in good standing to practice law in New York
- Minimum two to four years relevant experience as a practicing attorney, with a background in banking, financial and/or compliance and a deep understanding of lending is desired
- Exceptional ethical and professional integrity, communication and interpersonal skills
- Extremely organized with a strong sense of priority, urgency and commitment to deadlines
- Driven and self-motivated with a strong desire for collaboration on complex and varied legal issues while also possessing the ability to work independently
- Ability to understand and interpret laws and regulations relevant to credit unions, banks, and general business operations in the financial services industry
- Exceptional oral and written communication and advocacy skills
- Excellent legal research and analysis skills required. Microsoft Office and Google Suite application proficiency preferred
Benefits Of Joining The Teachers Team
We provide a competitive compensation and benefits package that includes, but is not limited to:
- Paid time off for vacation, personal days, and holidays
- Fully-funded pension plan
- 401(k) company contribution
- Teachers pays 100% of Dental & Vision premium
- Tuition reimbursement is offered to full-time employees
- Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
- Flexible hybrid schedule for eligible positions
The good faith range for this position is $116,000 to $145,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.
All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.
To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers
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