BankFund Credit Union · 15 hours ago
Contracts Counsel
Washington, DC
Contract
Hybrid
Senior Level
$136K/yr - $170K/yr
5+ years expBankFund Credit Union is a full-service financial cooperative organized in 1947, serving employees of the World Bank Group and International Monetary Fund. They are seeking a Contracts Counsel to draft and review commercial contracts, negotiate terms, and ensure compliance with legal standards while collaborating with internal stakeholders.
BankingFinancial ServicesNon Profit
Responsibilities
Draft, review, and revise commercial contracts (e.g., NDAs, MSAs, SOWs) to ensure compliance with organizational standards and legal requirements
Negotiate contract terms with vendors and third parties to align with risk management and business objectives
Maintain and update contractual guardrails and playbooks to reflect evolving policies and best practices
Assist in third-party due diligence by reviewing vendor risk profiles and ensuring compliance with regulatory requirements
Collaborate with internal stakeholders to understand needs and provide contract solutions
Participate in initiatives to identify and implement new technological and procedural improvements to the onboarding and contracting processes
Interact with outside counsel and third parties
Manage contracting workflow in partnership with paralegal, ensuring timely execution and proper documentation
Research and analyze statutes, regulations, legal articles, judicial decisions, and other legal sources on a variety of topics
Ensure adherence to internal policies and regulatory standards across all contracting activities
Maintain accurate contract records and repository for audit readiness and easy retrieval
Provide training or guidance to business teams on contract processes, risk considerations, and compliance requirements
Prepare and maintain key metrics reporting
Successfully participate in annual Information Security refresher training. Comply with the Information Security Policy, including the immediate reporting of unusual or suspicious activity to management and the Information Security Officer. Follow all procedures to protect company computers from viruses, and to maintain the security and confidentiality of Credit Union data
Demonstrate a continued commitment to BankFund’s Service IMPACT philosophy
All BankFund employees are required to remain cognizant of and adhere to all policies, procedures, and regulations pertaining to the Bank Secrecy Act
Qualification
Required
Juris Doctor
5 years
Excellent verbal and written communication skills
Ethical, with the ability to remain impartial and report all non-compliance
Proven ability to work creatively and analytically in a problem-solving environment demonstrating teamwork, innovation, and excellence
Ability to build and maintain relationships by engaging business leaders to establish credibility, build consensus, and achieve objectives
Self-motivated, decisive, and flexible with proven ability to conform to shifting priorities, demands, and timelines
Ability to handle confidential information
Technologically savvy
Admission to the DC Bar or willing to waive in
Preferred
Financial sector experience
Interest in data privacy and/or AI governance
Experience with contract management software
Benefits
Medical, dental, and vision insurance
401(k) plan
Life insurance coverage
Disability benefits
Tuition assistance program
Paid time off
Paid parental leave benefits
Annual incentive plan
Company
BankFund Credit Union
Founded in 1947 by World Bank and International Monetary Fund employees, the BankFund Credit Union is a full-service financial cooperative serving the World Bank Group (WBG) and the International Monetary Fund (IMF) community.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
David D'Annunzio, CPA
Chief Financial and Strategic Officer
Mary T.
Chief Risk Officer
Company data provided by crunchbase