Senior Counsel / Associate General Counsel

Forbright Bank; Chevy Chase (MD); On-site; USD 120,000 - 160,000; Full time

Benefits offered by this job

Comprehensive health, dental, and vision plans

4 weeks PTO

401k + company match

Metro SmartTrip benefits

Remote or hybrid work schedules

Incentives for green transportation

Paid subscriptions for various services

Job summary

A national full-service bank in Chevy Chase is seeking an experienced Senior Counsel/Associate General Counsel. The role involves providing legal counsel on various matters, managing litigation, and collaborating with teams to ensure compliance with regulations. Candidates should have a JD, 6-8 years of litigation experience, and a deep understanding of consumer regulatory issues. This position offers flexible working arrangements and comprehensive benefits.

Qualifications

• 6-8 years of experience practicing litigation.
• Experience with consumer regulatory issues.
• Experience practicing in-house as a financial services regulatory lawyer preferred.

Responsibilities

• Manage litigation and outside counsel.
• Provide risk assessments for legal strategies.
• Collaborate with compliance and operations teams.

Skills

Excellent verbal communication skills

Strong organizational skills

Problem-solving skills

Ability to multitask

Education

Juris Doctor (JD) Degree

Tools

Microsoft Office Suite

Job description

Overview

COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.

COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION: We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.

Job Summary

Job Summary: The Senior Counsel/Associate General Counsel is responsible for providing analysis and counsel for a wide range of legal matters, including advising on pre-litigation disputes, litigation, and consumer regulatory matters, as well as anticipating and guarding against legal risks facing the Bank.

Duties and Responsibilities

• Interact with and correspond with external parties, including regulators
• Oversee strategy and manage outside counsel in handling litigation, routine subpoenas, and government subpoenas and investigations
• Work with Deputy General Counsel and other members of the Legal team to provide risk assessments and form appropriate litigation strategy
• Maintain legal files and litigation summaries
• Analyze and respond to various legal correspondence, including attorney demand letters
• Manage escalated consumer complaint responses
• Collaborate cross-functionally with Compliance/Licensing, Operations, Servicing, and other groups to advise on federal and state consumer regulatory compliance, including state and federal privacy law
• Present on compliance, legal, and complaint matters, as requested
• Ensure timely identification, mitigation, and resolution of existing and emerging legal issues and risks, and escalating appropriate issues as needed
• Support the continuous improvement of the Company's legal processes
• Keep informed of industry-specific regulations to ensure that appropriate risk management strategies are in place
• Assist with NDAs, service level agreements, and other types of commercial agreements
• Perform other duties as assigned

Qualifications

• Juris Doctor (JD) Degree; membership in good standing in a state bar association required
• Minimum of 6-8 years of experience practicing litigation
• Minimum of 2 years working in (or with) the financial services and/or tech industries
• Deep understanding of consumer regulatory issues as they relate to consumer lending or servicing required
• Proven experience with defending companies in consumer litigation, as well as pre-litigation disputes
• Experience practicing in-house as a financial services regulatory lawyer, with specific experience in consumer lending, and a strong understanding of how to apply and navigate the state and federal regulations around financial services and technology preferred
• Experience reviewing and negotiating NDAs, service level agreements, licensing agreements, partnership agreements and/or other types of commercial agreements preferred
• Experience working in the Solar or Home Improvement space preferred
• Experience with state and federal privacy laws and regulations preferred
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
• Excellent verbal, written, and interpersonal communication skills
• Strong organizational skills and attention to detail
• Outstanding problem-solving and time management skills
• Self-motivated, self-directed, and results-oriented
• Adaptable and able to multitask in a fast-paced environment
• Can work independently and within a team; solution-oriented with a collaborative approach

Position Requirements

We are committed to creating an inclusive workplace where all employees are capable of performing their job position. Work is primarily conducted in an office setting while certain positions may allow for remote work through the use of technology at management discretion. The functions described below are representative of those to successfully perform duties of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. While performing duties of this job, the employee may be regularly required for extended periods of time to:

• Remain in a stationary position
• Use hands and fingers
• Utilize a computer monitor with visual acuity
• Operate technology or other office machinery such as printers, scanners, etc
• Communicate clearly verbally and/or in writing with others

Additional Duties

For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description.

Perks/Benefits

• Comprehensive health, dental, and vision plans
• 4 weeks PTO
• 401k + company match
• Metro SmartTrip benefits ($50/mo)
• Remote or hybrid work schedules for most positions
• Incentives for purchasing solar panels, electric vehicles, biking to work, etc
• Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!
• Best Workplaces for Commuters 2023 & 2024 winner
• The Washington Post Top Workplaces 2023, 2024, and 2025 winner
• American Banker Best Banks to Work For 2023 winner

It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.

Employment with Forbright Bank is at-will, which means that either you or the Company may terminate the relationship at any time.

By applying, you acknowledge that you have reviewed our CCAP Privacy Notice.