The primary focus of this role is ensuring business initiatives and processes comply with laws and regulations applicable to Patelco Credit Union. You will partner with leaders in several functional and operational areas, including Compliance, Internal Audit and Risk Management. The Legal Counsel will perform contract reviews, assess operational breakdowns for compliance risk and provide guidance on remediation/recovery plans; advise on compliance requirements, controls and monitoring of those controls; and provide guidance on identified risks.
Draft and negotiate third-party service agreements
Provide legal research
Maintain subject matter expertise of applicable laws and regulations, monitor for changes that impact Patelco, and maintain a legal requirements database
Support the company-wide compliance program, including developing policies and procedures
Collaborate with the business by providing expert advice and influence changes to process, procedures and controls to mitigate compliance risk
Communicate and sometimes lead interactions with regulatory agencies regarding regulatory examinations and third-party audits
Coordinate with the General Counsel in advising the business on compliance requirements for new products and/or process and changes in law
Juris Doctorate from a nationally accredited law school
Member in good standing and admitted to the State Bar of California
5+ years of law firm or in-house counsel experience. Prior in-house experience with a financial services company, bank, or credit union would be a significant plus.
Strong drafting, negotiating, and advising skills and business acumen related to third-party vendor or service provider agreements
Capable of quickly identifying and resolving issues, including balancing legal and business risks and giving clear and concise advice, in order to drive matters to close
Knowledge of federal and state laws and regulations governing credit unions’ and financial institutions’ financial services and products
Experience drafting policies, procedures and disclosures, and working with compliance teams to implement related processes
Hard-working and a self-starter with the ability to operate independently with minimal supervision in a fast-paced environment and meet tight deadlines
Flexible and eager to support a wide range of legal and compliance matters
Excellent writing, oral communication, and organizational skills
Willingness to not just advise, but find solutions
Comfortable navigating complicated and nuanced legal issues
Proven ability to lead, build relationships, and work effectively in a highly cross-functional organization
Ability to consistently prioritize workflow with heavy emphasis based on business impact.