Counsel-Banking Operations
City National Bank - Los Angeles, CA
Apply NowJob Description
COUNSEL- BANKING OPERATIONS WHAT IS THE OPPORTUNITY? City National Bank is seeking a mid-level attorney with 5-10 years' relevant experience to support commercial, consumer and professional deposit activity, and general bank operationsAn ideal candidate will have demonstrated background or skillset in one or more of the following areas: (i) drafting and negotiating contracts relating to bank products and deposits; (ii) reviewing legal documents such as entity formation and authorization documents, resolutions, trust agreements, and powers of attorney; (iii) investigating and responding to client complaints; and/or (iv) performing substantive legal research and analysisThe candidate must have strong critical analysis and writing skills, with high attention to detail and accuracy, and be enthusiastic about exposure to a wide variety of new issues and areas of lawWhat you will do Provides counsel and assistance to management of the Bank and other colleagues with respect to legal matters which include research, preparing opinions, and drafting documentsPartners with business units and support groups (e.g., Operations, branches, treasury management, Compliance, product, and risk management) to provide effective and efficient legal, transactional and regulatory guidanceConduct legal research on statutes and regulations affecting consumer and business deposit accountsOversee and provide guidance/mentorship to paralegalsSupports other attorneys as neededReview, draft, and negotiate contracts relating to bank products and deposits, including without limitation, confidentiality agreements and NDAs, control agreements (deposits and securities), escrow agreements, and releases and indemnification agreementsReview and analyze entity formation and other organizational documents (e.goperating agreements, bylaws, partnership agreements, corporate resolutions, etc.), to respond to inquiries on a wide variety of corporate authority-related issuesAssist with processing and responding to internal questions related to bank operations (e.g., issues such account opening, signing authority, trust and estates, fiduciary or custodial roles, court orders, etc.)Conduct fact-finding to evaluate the merit of potential claims, including coordinating with bank colleagues to investigate factual and contextual background, gathering and analyzing documents, and conducting detailed review and/or examination of documentation to determine relevance and legal implicationsAssist with preparing responses to client complaintsFamiliarity with statutes and regulations affecting consumer and business deposit accounts, including Federal Reserve Act/Regulation D; Electronic Funds Transfer Act/Regulation E; Expedited Funds Availability Act/Regulation CC; Truth in Savings Act/Regulation DD; UCC Articles 3, 4 and 4a; CAN-SPAM; and UDAAPMay supervise outside counsel on assigned legal mattersResponsible for certain administrative or operational functions within the Legal DivisionComplies fully with all Bank policies and procedures, including the Colleague Code of Conduct, as well as all legal and regulatory requirementsCompletes all required trainingMust-Have JD (Juris Doctor) Minimum 5 years of experience with providing counsel and advice within a specific area of expertiseSkills and Knowledge Be well versed in state and federal laws and regulations governing the assigned area(s) of responsibility, banking environment, and related industry practicesDemonstrated experience in analyzing, interpreting and communicating strategies and requirements, and the ability to translate complex legal requirements into written materials and oral presentationsMust have excellent problem solving abilities and effective verbal, written and executive communication and presentation skillsExcellent problem solving abilities and effective verbal, written and executive communication and presentation skillsStrong presentation and documentation skillsAbility to manage multiple projects concurrently and meet deadlinesFlexibility and ability to work well with a teamAbility to work on cross-functional teams with emphasis in multiple coverage areasExperience with managing confidential information and documents with discretionExperience working in financial services industry preferredStrong business sense and ability to exercise good business judgement is critical Basic understanding of banking/financial services operations and issues Ability to simplify, problem solve, multitask and work effectively against deadlines Strong legal research and analysis skills Detail oriented Compensation Starting base salary: $127,626 - $237,014 per yearExact compensation may vary based on skills, experience, and locationThis job is eligible for bonus and/or commissions To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classificationIt is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this jobBenefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleaguesGet an inside look at our Benefits and PerksINCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT City National Bank is an equal opportunity employer committed to diversity and inclusionAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.' ABOUT CITY NATIONAL We start with a basic premise: Business is personalSince day one we've always gone further than the competition to help our clients, colleagues and community flourishCity National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth todayCity National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companiesLI-KTB #CA-KTB
Created: 2024-11-07