Teachers Federal Credit Union · 10 hours ago
In-House Senior Counsel
Hauppauge, NY
Full-time
Onsite
Senior Level
$139K/yr - $174K/yr
7+ years expTeachers Federal Credit Union is one of the nation’s leading credit unions, recognized for its commitment to guiding members towards a strong financial foundation. The Senior Staff Attorney will be responsible for contract negotiations and providing legal advice on a variety of legal matters while collaborating with internal stakeholders to align with the organization's objectives.
BankingFinance
No H1B
Responsibilities
Reviews, revises, and negotiates contracts
Researches and interprets existing laws and regulations, and anticipated changes to laws, and provides guidance for informed decisions and reduce risk
Conducts comprehensive legal research and provide expert analysis and guidance on matters relating to nationwide operations, title reports, deeds, UCC filings, collections, bankruptcy, foreclosure, and regulatory compliance
Provides timely responses to legal inquiries from branches, member services, and the contact center regarding account documentation, powers of attorney, trusts, estates, and other member issues
Interprets and reviews legal documents such as court orders, judgments, and guardianship papers for compliance with laws and internal policies
Researches and advises on federal and state banking regulations, including TILA, FCRA, and ECOA, and communicate regulatory updates to stakeholders
Drafts, reviews, and negotiates contracts, NDAs, leases, templates; assist with litigation, discovery, and dispute resolution/avoidance
Provides legal advice in support of lending initiatives, retail and banking/financial services, regulatory compliance matters, litigation, BSA/AML, internal investigations, and other legal guidance impacting the organization
Creates and modernizes templates, presentations, letters, responses, settlement documents, confidentiality agreements, resolutions, and affidavits
Represents the Legal Department on projects, presentations, trainings, committees, and meetings, and support other assignments and initiatives
Performs other duties as needed upon request by immediate supervisor
Qualification
Required
Bachelor's degree and JD from an accredited law school; admitted and in good standing to practice law in New York
A minimum seven years experience as a practicing attorney representing banks, lenders, and/or financial institutions
Comprehensive understanding of banking laws, estate planning and administration, consumer lending and consumer collections required
Highly organized, ethical, and self-motivated with the ability to prioritize, meet deadlines, and collaborate effectively
Ability to exercise seasoned legal judgment
Ability to work effectively with minimal supervision
Ability to effectively collaborate across teams while maintaining full accountability of work product quality, timely deliverables, and results
Ability to understand and interpret state and federal laws and regulations across all fifty states relevant to credit unions, banks, consumer lending, and general business operations in the financial services industry
Excellent legal research, analysis, and communication skills (oral and written)
Preferred
Microsoft 365 proficiency
Benefits
This position is eligible for our annual discretionary bonus program.
Some positions within the credit union also qualify for quarterly performance incentives
Paid time off for vacation, personal days, and holidays
401(k) company contribution
Teachers pays 100% of Dental & Vision premium
Tuition reimbursement is offered to full-time employees
Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
Company
Teachers Federal Credit Union
Teachers Federal Credit Union is a company which develops finance related apps for iPhone
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Brad Calhoun
President/CEO
Denise McGlone
Chief Financial Officer
Recent News
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