ROLE OVERVIEW
The Bank Regulatory and Deposits Legal team seeks a lawyer to support the firm’s deposit businesses. Bank Regulatory and Deposits Legal advises the firm globally from a U.S. bank regulatory perspective and provides legal, regulatory, reputational, and transactional support to our retail and institutional deposit businesses.
This lawyer will be involved in advising on all aspects of legal and regulatory matters related to U.S. deposits, including: drafting counterparty contracts and disclosures; advising on treasury and liquidity matters, coordinating with business and compliance colleagues on policies and procedures; performing legal research; engaging external counsel; and providing general legal support to relevant functional areas. This lawyer will also work closely with other stakeholders in in the business to help the firm build its deposits platforms. The position will be engaged with Legal, Compliance & Risk colleagues globally and is expected to build relationships within the firm and externally to support the growth of deposits businesses.
This position can be in New York, NY, Washington, DC, or Dallas, Texas.
RESPONSIBILITIES
- Advising deposit-taking businesses across the firm on the development of new products and services, and regulatory reporting obligations
- Drafting and negotiating transaction documents for deposits products
- Monitoring legal, regulatory, and market developments, including participating in advocacy on proposed rules and engaging with trade associations
- Working with businesses and support functions to develop policies, procedures, and controls
QUALIFICATIONS
- JD currently admitted to practice law
- 4+ years of experience at a law firm, in-house at a financial institution, or a regulatory agency
- Experience with deposits transactional work or deposits bank regulation preferred
Salary Range
The expected base salary for this New York, New York, United States-based position is $170,000-$270,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
The expected base salary for this Washington, D.C., United States-based position is $170,000 - $270,000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.