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Job Details

Counsel - Bank Regulatory

Experience
5 yrs required

Location
Farmington Hills, MI, United States

Posted on
Nov 28, 2022

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Counsel - Bank Regulatory
The candidate will provide legal counsel and support to the Bank and its U.S. affiliates on prudential regulatory matters. Will monitor relevant legislation, regulation, and supervisory guidance; assesses the impact on the Bank; and partner with relevant Control Functions and business partners to coordinate Bank responses and/or implementation strategies. Provides consistent and sound legal advice in a clear, concise and responsive manner by taking the initiative to develop legal knowledge and skill; knowing relevant substantive law, identifying legal issues; knowing the business and its products, operations, strategy, risk appetite and regulatory environment; owning the role of interpreting legal requirements through a balanced understanding of the law and business context to formulate relevant legal theories; and identifying business issues and policies related to the legal requirements, describing legal issues and options to the client. Identifies conflict situations and brings more senior lawyers into the decision-making process as appropriate by identifying situations when actions that the business unit wants to take conflict with Firms risk appetite and discusses with the client how particular actions might be inconsistent. Effectively contributes to and/or leads negotiations and conflict resolutions by gathering supportive information in preparation for the negotiation, understanding the dynamics of the process and displaying an effective combination of firmness, tact, patience and respect in dealing with all parties involved.

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