Senior Banking Lawyer

Teachers Mutual Bank; Sydney; Hybrid; AUD 180,000 - 240,000; Full time

Job summary

Teachers Mutual Bank Limited is seeking a senior Retail Banking Lawyer to provide expert legal partnership across our Australian retail banking operations. You will advise on consumer lending, deposits and mortgage products, and ensure compliance with NCC, NCCP, ASIC and APRA frameworks.

In this hybrid, enterprise-wide role you will draft, negotiate and review contracts and product documentation; support mergers, partnerships and new product development; manage disputes and liaise with Risk,

Qualifications

• Admitted solicitor in New South Wales with current practising certificate.
• 5-15+ years PQE in banking, finance or corporate law, with deep retail banking experience.
• Strong understanding of ASIC and APRA frameworks.
• Demonstrated experience with NCC, NCCP, retail ADI regulations, prudential standards and the Customer Owned Banking Code of Practice.
• Excellent communication and stakeholder engagement skills.

Responsibilities

• Provide commercial, solutions-oriented legal advice across banking, consumer credit, corporate and financial services matters.
• Draft, negotiate and review contracts, finance agreements, SLAs and product documentation.
• Ensure compliance with Corporations Act, Banking Act, ASIC and APRA requirements.
• Support major strategic initiatives including mergers, partnerships, integrations and new product development.
• Manage disputes and litigation, including oversight of external counsel; partner with Board on governance and director duties.

Skills

Commercial law

Regulatory affairs

Contract drafting

Stakeholder engagement

Education

Bachelor of Laws

Solicitor admitted in NSW

Tools

Contracts management tools

Job description

Join a Bank That's Growing, Evolving and Raising the Bar!

Step into a legal leadership role at a purpose-led, high-performing organisation where your work shapes the future of retail banking. Be part of a respected legal team known for strong collaboration, genuine connection and a friendly, engaged culture.

As a BCorp Certified bank (score 121.6) we care for our members and look for win/win outcomes for people, purpose and planet.

Here, collaboration beats hierarchy, people genuinely care about each other, and your expertise will be valued, visible and influential across the bank.

This is your opportunity to join a high-impact team, contribute to exciting strategic initiatives, and play a meaningful role in projects that directly shape the member experience and the future of the Bank.

About the Role

Our team is looking for Retail Banking Lawyers who genuinely understand the Australian retail banking landscape. People with deep experience in consumer lending, simple deposit and mortgage products, ADI obligations, NCC and NCCP, and the regulatory frameworks that govern modern retail banking.

What You Will Do

In these senior, enterprise-wide roles, you will provide expert legal partnership across the Bank, ensuring clarity, governance strength and commercial confidence. Your work will span:

• Providing commercial, solutions-oriented legal advice across banking, consumer credit, corporate and financial services matters.
• Applying deep understanding of core regulatory regimes including the NCC, NCCP, APRA prudential standards, retail ADI obligations and the Customer Owned Banking Code of Practice, particularly across deposit, savings and mortgage products.
• Ensuring compliance with the Corporations Act, Banking Act, ASIC and APRA requirements.
• Monitoring emerging regulatory change and translating developments into practical, actionable business guidance.
• Drafting, negotiating and reviewing contracts, finance agreements, SLAs and product documentation across the Bank's operations.
• Supporting major strategic initiatives including mergers, partnerships, integrations and new product development.
• Identifying and managing legal risk across business units, working closely with Risk and Compliance for cohesive governance outcomes.
• Supporting Company Secretary functions through board papers, resolutions and guidance on governance and director duties.
• Managing disputes and litigation, including oversight of external counsel.
• Partnering with executives, operations leaders and the Board to deliver clear, timely and commercial legal advice that supports strategic decision‑making and innovation across the Bank.

About You

You bring the expertise and judgement needed to operate confidently in a dynamic mutual banking environment:

• Admitted solicitor in New South Wales with a current practising certificate.
• 5-15+ years PQE in banking, finance or corporate law, with deep retail banking experience.
• Strong understanding of ASIC and APRA frameworks.
• Demonstrated experience with the NCC, NCCP, retail ADI regulations, prudential standards and the Customer Owned Banking Code of Practice.
• Comfortable managing ambiguity, prioritising effectively and operating confidently through change.
• Experience in mutual or customer-owned banking is highly regarded.
• Broader exposure across consumer credit, privacy, technology/IP procurement, employment law, financial product disclosures and corporate governance is a strong advantage.
• Excellent communication and stakeholder engagement skills, including managing disputes and litigation.

About Us

Teachers Mutual Bank Limited is one of Australia's largest mutual banks, recognised globally for its profit-for-purpose model and commitment to social responsibility. We proudly support essential workers in education, emergency services and healthcare, and are a ten-time World's Most Ethical Companies honouree and a Certified B Corp Bank.

Our people live our values of passion, advocacy and sustainability, and contribute to a diverse, inclusive culture built on mutual respect and a strong commitment to exceptional member experience.

We offer hybrid working and a comprehensive employee value proposition. Learn more at tmbank.com.au or connect with us on LinkedIn.

Please note that background or reference checks may form part of the recruitment process, and any offer is subject to their satisfactory completion at the Bank's discretion.