What are the responsibilities and job description for the Senior Associate General Counsel - Fair Banking position at Truist Bank?
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
As the Fair Banking Senior Associate General Counsel, this position will be responsible for acting as a trust advisor to senior management and Truist’s consumer businesses by supporting and advising on all matters relating to fair banking. Assist the Deputy General Counsel with providing advice and expertise relating to, among other matters, fair lending, the Unfair, Deceptive, or Abusive Acts or Practices Act (UDAAP), and the Community Reinvestment Act (CRA). Provide highly specialized fair banking advice and counsel to senior leadership and key internal clients of a critical business unit or function including the Fair Lending Officer and CRA Officer on significant legal, regulatory and business matters impacting or potentially impacting the business unit or function and potentially having a material impact on the overall enterprise legal risk profile. Develop and lead a fair banking team of legal professionals, paraprofessionals and support staff. Finally, this position will provide the opportunity to build, productive relationships with key internal clients while serving as a trusted legal advisor, legal risk manager, and business partner.This is an exciting opportunity for a dynamic leader with strong regulatory experience who is looking to take on significant responsibility in a purpose-driven company. The role requires working from a Truist office location at least four days a week.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Provide support and input to the Deputy General Counsel in the development and execution of the overall Truist legal strategy.
2. Provide significant internal executive client legal management level support day to day, on an independent basis, as the lead legal liaison for a critical business unit or function.
3. Responsible for managing significant matters, assessing complex legal risk, providing legal advice, and/or assisting in resolving legal problems which may represent potential exposure to the company.
4. Keeps abreast of legislation, regulations, and case law developments that affect the company and the banking industry in area of practice.
5. Prepares and/or reviews documents and other instruments, may represent the company in transactions, litigation, bankruptcy matters, or alternative dispute resolutions (as applicable), performing legal research and analysis, maintaining files and records.
6. Identify need for and when necessary, select, engage, and direct outside counsel to undertake specific matters.
7. Supervises direct report(s), providing work direction and supervision to other legal staff regarding support on active matters, cases, or projects.
8. Leads informal teams or projects or subject-matter groups within the Department.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Juris Doctorate degree from an ABA accredited law school and licensed to practice law in good standing.
2. Twelve years of post-bar experience in a law firm, government, and/or corporate settings.
3. Possess effective personnel management skills and demonstrates emotional intelligence and leadership qualities.
4. Possess superior written and verbal communication skills.
5. Ability to prioritize matters, utilize time management skills, and move between matters fluidly.
6. Ability to handle a heavy workload, manage stress effectively and meet critical deadlines.
7. Able to work autonomously without close supervision.
8. Team-oriented mentality and excellent interpersonal skills.
9. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
Preferred Qualifications:
1. Experience or related training in the financial services industry or a related legal practice area, with demonstrated specialization in fair banking.
2. Experience in a legal department having successfully held positions of advancing responsibility.
3. An educational or career focus on business, regulatory compliance, or finance.
4. Comfortable working in the environment of a large, complex corporation focused on delivering results and managing expenses.
The annual base salary for this position is $200,000 to $290,000.
OTHER JOB REQUIREMENTS / WORKING CONDITIONS
Sitting
Frequently (25% - 50% of the time)
Standing
Occasionally (Less than 25% of the time)
Walking
Occasionally (Less than 25% of the time)
Bending
Occasionally (Less than 25% of the time)
Lifting
Up to 10 lbs.
Visual / Audio / Speaking
Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
Manual Dexterity / Keyboarding
Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Availability
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel
Up to 50%
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
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Salary : $200,000 - $290,000