Description:
A Federally Insured Credit Union Company, a $7.4 billion Illinois state-chartered credit union seeks an Assistant Chief Legal Counsel and Compliance Counsel to join the in-house legal team. Under the direction of the Chief Legal Counsel, the Assistant Chief Legal Counsel and Compliance Counsel is responsible for:- Managing a comprehensive vendor due diligence and oversight program,
- Managing a comprehensive third-party risk and oversight program,
- Managing a comprehensive issue management and regulatory change management program,
- Managing all insurance and bond-related litigation,
- Providing legal advice and opinions on compliance, regulatory, operational, and transactional issues, and
- Providing counsel on internal policies and procedures and new business initiatives.
Requirements:
A successful candidate must be able to work with minimal supervision as a positive and contributing member of a dynamic, collaborative team. They must be an excellent communicator and be willing to develop new areas of sub-specialty as needs arise. They will also have demonstrated excellent judgment, collegiality, and multi-tasking skills.
Required:
- Juris Doctor (J.D.) degree from an accredited law school.
- Licensed to practice law and active member in good standing with the Illinois state bar.
- Minimum 1 - 4 years legal experience, preferably with a combination of law firm and in-house experience.
- Good knowledge of contract, corporate, credit union and cybersecurity law.
- Good knowledge of federal and state credit union laws, rules, regulations (specifically the alphabet soup of federal consumer protection regulations) and applicable regulatory guidance.
- Strong organizational skills and ability to handle multiple, high priority projects simultaneously with attention to details.
Preferred:
- Exceptional communication, negotiation, and interpersonal skills, with the ability to build strong relationships with internal and external stakeholders.
- Excellent research, analytical and problem-solving skills.
- A proactive, business-minded approach to problem-solving, with a commitment to providing practical legal advice and solutions.
