General Counsel, SVP

General Job Summary

The General Counsel is responsible for all legal matters pertaining to the Bank and its subsidiaries (Bank). Provides legal advice to the Board of Directors, the Bank’s CEO, and other senior executives. Ensures the Bank’s compliance with applicable laws and regulations. Ensures the Bank is provided highly effective legal services. Serves as the Secretary for the Bank.

Summary of Essential Job Functions

• Provides legal advice to the Board of Directors, CEO, Senior Executives, and Bank staff.
• Manages staff of in-house counsel, vendor management administrator, and licensing manager.
• Oversees the efficient and timely review of contracts and other legal documents.
• Oversees litigation either directly or through outside counsel.
• Advises on employment matters as necessary.
• Engages in the retention and management of outside legal counsel, including oversight and management of outside counsel fees.
• Prepares and presents periodic litigation reports to the Board.
• Provides legal review, directly or delegated, on proposed revisions to products and services.
• Participates in the Suspicious Activity Report (SAR) Task Force and provides input on enhanced due diligence investigations and SAR filing.
• Participates in customer complaint and law enforcement interaction as necessary.
• Acts as a department liaison on Examination and Audit requests as needed and advises management on responses to findings.
• Participates in process and internal control improvement initiatives.
• Recommends, reviews, and/or establishes major policies for the Bank.
• Works on special projects as assigned by the Board, CEO, or the Senior Executives.
• As Secretary of the Board of Directors, oversees the preparation of agenda and materials for Board meetings and drafts, publishes, and archives minutes. 
• Maintains and annually updates Regulation O and W Board policies.
• Participates in Bank meetings, including Compliance Committee, Mortgage Operations Committee, and Executive Committee.

Other Job Functions

• Performs other incidental and related duties as required and assigned by the CEO or the CRO.

Education, Training and Work Experience

• Law degree and active license to practice law, or ability to obtain license, in Michigan. 
• 10+ years’ experience in banking and mortgage compliance laws/regulations gained as a senior attorney for a financial institution, regulatory agency, or in private practice.
• Knowledge of regulations related to deposits and other lending activities, including Truth in Savings, ECOA, etc.
• Contract and litigation management experience.
• Corporate secretary experience or strong knowledge of corporate governance.
• Working knowledge of employment law.

Knowledge, Skills and Abilities

• Proactive and partnership approach to working with business areas to achieve business objectives.
• Experience in managing a team of professionals.
• Excellent oral and written communication.
• Excellent leadership and management skills.
• Investigative mindset.
• Ability to manage confidential information.
• Ability to summarize large volumes or complex material to understandable information.
• Ability to prioritize and manage time efficiently in order to meet multiple deadlines, with high degree of accuracy.

Working Environment

Primary working environment is within an indoor climate-controlled office space and/or a private home office or some combination which will be at managements sole discretion. Employee may be subject to florescent lighting, dust, and other normal indoor allergens. Employee may work in close proximity of coworkers and occasionally independently in quiet environments.

Physical Requirements

• Able to lift up to 20 pounds.
• Extended periods of sitting (at computer desk)
• Complete repetitive tasks (including operation of computer mouse/keyboard)

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

The salary range for this role takes into consideration a wide range of factors including but not limited to the duties of the role, experience, location, and certificates and/or education. The target annual salary for this position is between $175,000 and $200,000 per year.   

**University Bank is an Equal Opportunity/Affirmative Action Employer**