Senior Banking Lawyer

Teachers Mutual Bank Limited; Sydney; Hybrid; AUD 180,000 - 300,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Teachers Mutual Bank Limited is seeking an experienced Retail Banking Lawyer to join a purpose‑led, high‑performing organisation shaping the member experience across Australia. The role demands deep expertise in consumer lending, deposits and mortgages, ADI obligations and regulatory regimes.

You will advise across banking, credit, contracts and governance, support major strategic initiatives, manage disputes and liaise with executive leadership and the Board.

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.
• Experience with NCC, NCCP, retail ADI regulations, prudential standards and the Customer Owned Banking Code of Practice.
• Excellent communication and stakeholder engagement skills, including managing disputes and litigation.

Responsibilities

• Provide expert legal partnership across the Bank, delivering clear, governance‑driven guidance.
• Advise on banking, consumer credit, corporate and financial services matters with a commercial mindset.
• Draft, negotiate and review contracts, finance agreements, SLAs and product documentation.
• Support major strategic initiatives including mergers, partnerships, integrations and new product development.
• Identify and manage legal risk across business units in collaboration with Risk and Compliance.
• Support Company Secretary functions through board papers, resolutions and governance guidance.
• Oversee disputes and litigation and coordinate with external counsel.
• Collaborate with executives, operations leaders and the Board to enable timely, commercial decision‑making.

Skills

Regulatory compliance

NCC/NCCP expertise

APRA frameworks

Contracts & documentation

Stakeholder engagement

Governance & board support

Risk management

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.