Associate General Counsel, Real Estate Secured Lending
TruistAbout the role
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
Truist is hiring for an Associate General Counsel that will maintain strong, productive relationships with key internal clients while serving as a trusted legal advisor, legal risk manager, and business partner. Serve as a technical expert in particular area(s) of specialization.Support Mortgage and HELOC lines of business with Originations activities, including Agency loans, Portfolio loans, Construction/Perm Lending and Assumptions, and including Correspondent Mortgage Lending activities.
Partner with Compliance and Risk partners in guiding Originations teams through change management and product development, responding to internal- or external- identified issues, responding to consumer complaints and participating in exam responses.
Support Mortgage in FNMA/FHLMC Investor relationship.
Guide team supporting originations activities through loan-closing specific legal questions, around execution requirements, Trusts, POAs, title encumbrances.
This team member will work with federal regulations surrounding real-estate secured lending, including SAFE Act, Reg Z, ATM/QM, RESPA 8, TRID, Flood insurance and Appraisal rules, HMDA, ECOA, FCRA, as well as comparable state law requirements. Should also have working knowledge of FNMA/FHLMC dynamic.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Provide significant internal client legal support day to day on an independent basis, potentially as lead legal liaison.
2. Responsible for assessing complex legal risk, providing legal advice, and/or assisting in resolving legal problems which may represent potential exposure to the company.
3. Keeps abreast of legislation, regulations, and case law developments that affect the company and the banking industry in area of practice.
4. May prepare and/or review documents and other instruments, represent the company in transactions, litigation, bankruptcy matters, or alternative dispute resolutions (as applicable), performing legal research and analysis, maintaining files and records
5. Identify need for and when necessary, select, engage, and direct outside counsel to undertake specific matters.
6. Serve as an individual contributor but frequently provides work direction and supervision to other legal staff regarding support on active cases or projects.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Juris Doctorate degree from an ABA accredited law school and licensed to practice law in good standing
2. Ten years of post-bar experience in a law firm, government, and/or corporate settings.
3. Possess superior written and verbal communication skills
4. Ability to prioritize matters, utilize time management skills, and move between matters fluidly
5. Ability to handle a heavy workload, manage stress effectively and meet critical deadlines
6. Able to work autonomously without close supervision
7. Team-oriented mentality and excellent interpersonal skills
8. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Preferred
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