Vice President Legal, Deputy General Counsel

Empower Federal Credit Union; New York (NY); Hybrid; USD 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Deputy General Counsel to provide strategic legal counsel and oversight for all legal matters. This pivotal role involves advising executive leadership, ensuring regulatory compliance, and managing risk. The ideal candidate will bring over a decade of legal experience, particularly in financial services, and possess a Juris Doctor degree. This position offers a unique opportunity to influence governance and legal policy while fostering a culture of compliance and integrity. Join a team that values collaboration and strives for excellence in member service and community impact.

Benefits

Medical Insurance

Dental Insurance

401K with Employer Match

Paid Time Off

Holiday Pay

Qualifications

• 10+ years of legal experience, with at least 5 years in a senior role.
• In-depth knowledge of credit union regulations and governance.

Responsibilities

• Provide legal guidance to executive leadership and the Board.
• Ensure compliance with federal and state laws and regulations.
• Negotiate and review complex legal contracts.

Skills

Legal Counsel

Regulatory Compliance

Risk Management

Contract Negotiation

Leadership

Interpersonal Skills

Education

Juris Doctor (JD)

Job description

1 Member Way, Syracuse, New York, United States of America

Job Description

Posted Thursday, May 8, 2025 at 4:00 AM

Empower FCU Purpose: At every stage of life,positively impact members by providingaffordable financial services.

Empower FCU Core Values: Fairness,Integrity &Honesty

Empower FCU Strategic Pillars:

• World-Class Employee Experience
• Best-In-Class Member Experience
• Growth for Impact
• Shared Value in the Community

Empower Federal Credit Union offers excellent benefits including...
Medical and Dental Insurance, 401K with Employer Match, Holiday Pay, Paid Time Offandmore!

A World-Class Employee Experience : We are at our best when we are developing genuine relationships, looking out for one another, freely and honestly sharing information, and working together. We succeed when we rise above our departments, roles, and individual interests to come together, to move forward together. Each of us plays a crucial role in creating a positive work environment and we encourage all our employees to actively contribute to embracing Empower’s values and supporting those around you.
Be Yourself, Belong with Empower : The strength of Empower is in the unique backgrounds, voices, talents, & experiences of each person. With a culture of belonging, we enable teamwork, spark innovation, and fuel success.

Please note: All candidates will be subject to a credit and background check to determine employment eligibility.

Role:

The Deputy General Counsel plays a critical leadership role in supporting the General Counsel in overseeing all legal matters for the credit union. Reporting directly to the General Counsel, this position provides strategic legal counsel to executive leadership and the Board, ensuring regulatory compliance and sound governance practices. The VP will work closely with the VP of Risk Management and the VP of Compliance, providing legal guidance to their teams. This role will also lead efforts in contract negotiation, risk mitigation, regulatory oversight, and legal policy development, while managing internal and external legal resources. As the organization evolves, this role may expand to oversee teams in legal, risk, and vendor management.

Location: Our headquarters are based in Syracuse, NY. We work in a Hybrid Model requiring a minimum of 5 days in office per month.

Essential Functions & Responsibilities:

25% Legal Counsel & Strategic Advisory:

- Support the General Counsel in providing legal guidance and strategic counsel to executive leadership, senior management, and the Board of Directors on a wide range of legal and regulatory issues.

- Advise on legal matters affecting the credit union, balancing legal risks with business objectives and ensuring compliance with applicable laws and regulations.

- Work closely with the VP of Risk Management and VP of Compliance, providing legal guidance to their respective teams on regulatory compliance and risk-related matters.

- Participate in strategic planning and serve as a legal partner in enterprise-wide decision-making, contributing to governance and organizational growth.

- Monitor and assess emerging legal trends and regulatory changes, providing insights on their potential impact on operations.

25% Regulatory Compliance & Risk Management:

- Ensure compliance with applicable federal and state laws and regulations, including NCUA, CFPB, BSA/AML, and OFAC, to safeguard the credit union’s legal standing.

- Collaborate with the VP of Risk Management and VP of Compliance, offering legal guidance and expertise to their teams as they manage compliance and risk-related functions.

- Regularly review and monitor regulatory developments, ensuring the credit union’s operations are aligned with changing laws and regulations.

- Advise on risk management initiatives and compliance-related matters, supporting the credit union's overall risk mitigation strategy.

- Lead the negotiation, drafting, and review of complex legal contracts and agreements to support the credit union's operations, ensuring they comply with legal and regulatory standards.

- Provide legal oversight for vendor relationships, including negotiating contracts, assessing legal risks, and ensuring alignment with the credit union’s policies.

- Collaborate with the Vendor Management Administrator and other departments to manage vendor-related legal matters and ensure compliance with internal standards.

15% External Counsel & Legal Resource Coordination:

- Manage and coordinate work with external counsel, ensuring that legal support is cost-effective, timely, and high-quality.

- Oversee external legal engagements and ensure they align with the credit union’s strategic goals and internal capabilities.

- Provide guidance and support to internal stakeholders interacting with external legal resources to ensure consistency and alignment with legal objectives.

5% Policy Development & Legal Operations:

- Develop and implement internal legal policies, processes, and training programs to promote a culture of compliance and legal awareness across the organization.

- Regularly evaluate and improve legal workflows, documentation standards, and operational efficiency, ensuring best practices are maintained.

- Promote legal risk management strategies and ensure they are integrated into daily business practices.

5% Other Duties as Assigned:

- Perform all other duties as assigned by leadership or the General Counsel, adapting to the evolving needs of the organization.

- Provide legal support as required across various projects and initiatives, ensuring the credit union’s legal and compliance frameworks remain robust and effective.

Performance Measurements:

See Dayforce (HRIS) Performance Management for Goals upon start in role, and annually.

Knowledge and Skills:

Experience: A minimum of 10 years of legal experience, with at least 5 years in a senior or leadership role, preferably in financial services or a regulated industry.

- In-depth knowledge of credit union or banking regulations, governance structures, and financial institution operations.

- Proven ability to balance legal risk with business objectives and provide strategic legal counsel to support organizational goals.

- Demonstrated leadership in managing complex legal matters, influencing teams, and collaborating with senior leadership and cross-functional teams.

Education: A Juris Doctor (JD) from an accredited law school is required. An active license to practice law in New York State or eligibility for in-house counsel registration is also required.

Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.

Other Skills:

- Ability to negotiate complex legal agreements, vendor contracts, and settlements in a way that minimizes risk and maximizes benefit for the credit union.

- Strong organizational skills to manage multiple legal projects simultaneously, ensuring deadlines are met and priorities are balanced effectively.

- High attention to detail in reviewing legal documents, contracts, and compliance materials to ensure accuracy and mitigate potential legal risks.

- Skilled in resolving disputes and managing litigation with a focus on achieving favorable outcomes while maintaining positive relationships with external parties.

- Ability to build and maintain relationships with key internal and external stakeholders, including senior management, regulatory bodies, and external legal advisors.

- Ability to adapt to changing laws, regulations, and organizational needs, demonstrating flexibility in the face of shifting priorities or unexpected challenges.

- Strong sense of integrity and the ability to handle sensitive and confidential information with professionalism and discretion.

Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is required to sit for long periods at a time, use hands to finger, handle, or feel, and talk or hear. The employee is occasionally required to walk; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 35 pounds.

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. The noise level in the work environment is usually moderate.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.

Empower Federal Credit Union (EFCU) and its affiliated companiesknow employees are our greatest asset. We take pride in our commitment to member service, teamwork, and excellence. We offer employees a work environment designed to encourage personal and professional development. Empower Federal Credit Union is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic includingrace, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law.Our equal employment opportunity policy statement, theEEO is the Law Poster andSupplement , andPay Transparency Nondiscrimination Provision reaffirm our commitment.

Empower Federal Credit Union is committed to equal opportunityto qualified persons without regard to basis of race, religion, ethnicity, color, national or ethnic origin, age, sex, sexual orientation, gender identity or expressions, transgender status, sexual or other reproductive health decisions, marital status, ancestry, citizenship status, physical or mental disability, genetic information/ predisposition or carrier status, status in the uniformed services of the United States (including veteran status) or any other basis protected by applicable national, federal, state, provincial or local law.Empower Federal Credit Union will make reasonable accommodations for known physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the ADA, please contact us through one of the methods listed below:

1 Member Way, Syracuse, New York, United States of America