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SVP, Legal Services/Deputy General Counsel

Local Government Federal Credit Union
United Statesfull_timeVerifiedPosted 13 Dec 2024

About the role

Description

  

CIVIC CULTURE

Our organization believes we can all do well by doing good. We value the contributions of diverse minds and prioritize the success and well-being of our employees. We also believe every person in our organization plays a role in supporting a healthy environment and helping to achieve our goal of prosperity for all. To this end, we recruit bright, energetic, and talented people to be members of our team. In return, we offer a dynamic workplace that presents opportunities for professional advancement and individual growth. We strive to always display integrity, self-awareness, courage, and respect for one another while continuing to seek opportunities to learn. We really believe that when our employees succeed, our community wins. 


ABOUT THE POSITION

The  Senior Vice President, Legal Services/Deputy General Counsel is responsible  for leading all legal functions for the Credit Union and all affiliate  organizations, under the guidance of the Chief Legal Officer/General Counsel.  This includes contribution to the formulation, development, recommendation,  implementations and administration of existing and proposed procedures,  corporate policies, programs, and strategy, while ensuring companywide  compliance with applicable laws and regulations.


NORMAL DAY-TO-DAY WORK

  1. Recommend, develop, implement, maintain, and revise  policies and procedures for the general operation of the Credit Union and all  affiliate organizations’ legal, compliance and related activities to prevent  illegal, unethical, or improper conduct while complying with all required laws  and regulations. 
  2. Provide  continuing counsel and guidance on legal matters and on legal implications of  all matters; Assume responsibility for ensuring that the Credit Union conducts  its business in compliance with all laws and regulations. Act as a resource on  the interpretation of existing or proposed local, state, or federal laws and  regulations. 
  3. Influence  decision-making and push the company forward cross-functionally in  compliance/regulatory areas of strategic importance.
  4. Oversee  or handle all legal aspects of transactional and regulatory matters related to  the Credit Union and affiliates; Provide legal oversight of issues related to  credit unions, risk management and contracts and agreements; Respond to  external requests for information, reporting, complaints or citations from  external organizations.
  5. Establish  short and long-term legal related strategies in partnership with the Chief  Legal Officer/General Counsel, while providing the leadership necessary for  the successful design, development, and execution of that strategy.
  6. Act  as a legal leader and, in the absence of the Chief Legal Officer/General  Counsel or at his/her direction, serve as liaison for the Legal department on  legal and compliance matters requiring communication with the NCUA, CFPB, US  and State Departments of Justice, NC Credit Union Administration and other  relevant regulatory bodies.
  7. Bring  legal issues and concerns to the attention of the Chief Legal Officer/General  Counsel and help him/her respond by appropriately developing, revising, and  interpreting internal policies. Monitor and resolve disputes which may lead to  litigation. Maintain a working familiarity of common legal issues facing  financial institutions. 
  8. Provide  leadership in the areas of litigation, due diligence requests, contract  reviews, settlement agreements, licensing agreements, and all other  documentation.
  9. Provide  regular updates and reports as directed or requested, to keep the Chief Legal  Officer/General Counsel and Executive Management informed on complex legal  matters.
  10. Lead,  develop, and evaluate the Legal Services team, including performance reviews  and development plans. 
  11. Display integrity, self-awareness, courage, and respect for staff while ensuring learning agility and flexibility communicating and delegating effectively. Work effectively, collaboratively, and creatively in a team-oriented environment both internally and externally.
  12. Take ownership for actions, decisions, and results; openly accept feedback and demonstrate both the willingness and ability to improve.


JOB QUALIFICATIONS

Here are a few skills you MUST have to be qualified for this position.

  1. Juris  Doctorate from an accredited law school and licensed to practice law in the  State of North Carolina. 
  2. Minimum 12 years as a practicing attorney in a law firm, banking regulatory agency or  in-house law department; including 5+ years within financial services and 4-6  in management. 
  3. America’s  Credit Union Association (ACUA) Certified Compliance Officer Designation or  obtained within 2 years of hire date. 

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Company

Local Government Federal Credit Union

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