Assistant General Counsel - Consumer Banking

Valley National Bank; Fort Lauderdale (FL); On-site; USD 140,000 - 200,000; Full time

Job summary

Valley National Bank is seeking a senior in-house attorney to advise on consumer banking products and disclose terms from ideation to launch. The role involves applying complex regulatory standards and drafting contractual documents to ensure compliance and clarity for customers.

You will collaborate with internal partners to assess risk, develop compliant policies, and protect the bank's business and reputation while navigating a fast-paced environment with integrity.

Qualifications

• Knowledge of consumer financial protection laws and regulations.
• Ability to draft complex contractual documents and disclosures.
• Strong interpersonal and collaboration skills across teams.
• Ability to manage multiple projects in a fast-paced environment.
• Impeccable attention to detail and high integrity.

Responsibilities

• Advise on development of consumer banking products and services from ideation to launch.
• Provide expert legal advice on applicable laws and regulatory standards.
• Collaborate with bank partners to assess risks and mitigation.
• Assist in evaluating and developing consumer banking policies compliant with laws.
• Provide legal support to protect the bank's business and reputational interests.

Skills

Consumer financial protection laws

Contract drafting

Interpersonal communication

Cross-functional collaboration

Project management

Attention to detail

Education

Juris Doctor (J.D.)

Job description

Responsibilities include but are not limited to:

• Advise and assist on development of consumer banking deposit and loan products and payment services over the entire life cycle from ideation to launch, including advice on marketing, disclosures, product terms and conditions, federal and state legal and regulatory standards, compliance management, operational implementation, and business impact.
• Provide expert legal advice on laws, regulations, and standards that are applicable to consumer deposit and loan products and services, including the Truth in Savings Act, Expedited Funds Availability Act, Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act, Electronic Funds Transfer Act, Fair Credit Reporting Act, Gramm-Leach Bliley Act and Unfair, Deceptive and Abusive Acts and Practices Act (UDAAP).
• Collaborate with internal partners from across the Bank to assess the legal, regulatory and reputational risks associated with consumer banking deposit and loan products and services and develop approaches for managing such risks.
• Assist internal partners in the evaluation and development of appropriate consumer banking policies and practices that conform to legal and regulatory standards.
• Provide legal advice and support, and perform a wide variety of other tasks, as assigned to help the Bank protect its business, commercial, and reputational interests.

Required Skills:

• Knowledge of and experience with consumer financial protection laws and regulations.
• Ability to draft complex contractual documents and product disclosures, terms and conditions.
• Strong interpersonal and communication skills, with the ability to collaborate with cross-functional teams.
• Ability to navigate a fast-paced environment and handle multiple projects.
• Impeccable attention to detail, unwavering commitment to excellence, and the highest standards of integrity.

Required Experience:

• Juris Doctor degree from an accredited law school and a minimum of 5 years of relevant experience at a law firm or in house at a financial institution.
• Active membership in good standing in at least one state bar.

Preferred Experience:

• Experience with consumer financial services at a medium to large law firm with banking clients and/or an in-house legal department at a bank.
  Familiarity with consumer deposit and lending products.