Assistant General Counsel - Consumer Banking

Overview

This role provides legal support and guidance for consumer banking products and payment services across the full product lifecycle—from ideation through launch. Responsibilities include advising on regulatory and compliance requirements, helping manage legal and reputational risk, and supporting the development of consumer banking policies and practices.

Responsibilities

• Advise and assist in the development of consumer banking deposit and loan products and payment services across the entire life cycle from ideation to launch, including:
  • Marketing guidance
  • Required disclosures
  • Product terms and conditions
  • Federal and state legal and regulatory standards
  • Compliance management
  • Operational implementation
  • Business impact
• Provide expert legal advice on laws, regulations, and standards applicable to consumer deposit and loan products and services, including:
  • Truth in Savings Act
  • Expedited Funds Availability Act
  • Truth in Lending Act
  • Real Estate Settlement Procedures Act
  • Equal Credit Opportunity Act
  • Electronic Funds Transfer Act
  • Fair Credit Reporting Act
  • Gramm-Leach Bliley Act
  • Unfair, Deceptive and Abusive Acts and Practices Act (UDAAP)
• Collaborate with internal partners to assess legal, regulatory, and reputational risks associated with consumer banking deposit and loan products and services and develop approaches for managing those risks.
• Assist internal partners in evaluating and developing consumer banking policies and practices that conform to legal and regulatory standards.
• Provide legal advice and support, and perform other assigned tasks to help protect the organization’s business, commercial, and reputational interests.

Requirements

Required Skills

• Knowledge of and experience with consumer financial protection laws and regulations.
• Ability to draft complex contractual documents and product disclosures, terms, and conditions.
• Strong interpersonal and communication skills, with the ability to collaborate with cross-functional teams.
• Ability to navigate a fast-paced environment and handle multiple projects.
• Meticulous attention to detail and a strong commitment to excellence and integrity.

Required Experience

• Juris Doctor degree from an accredited law school and a minimum of 5 years of relevant experience at a law firm or in-house at a financial institution.
• Active membership in good standing in at least one state bar.

Preferred Qualifications

• Experience with consumer financial services at a medium to large law firm with banking clients and/or an in-house legal department at a bank.
• Familiarity with consumer deposit and lending products.