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Assistant Counsel in Cleveland, OH at Key Bank- Corporate

Date Posted: 5/19/2020

Job Snapshot

  • Employee Type:
  • Location:
    127 Public Square
    Cleveland, OH
  • Date Posted:

Job Description

About the Job

The KeyCorp Law Group is seeking an experienced attorney to support the Enterprise Payments group. The position will be located in Cleveland, Ohio. This unique opportunity offers candidates coming from a law firm or in-house environment an excellent opportunity to work on the client side of a growing super-regional financial services institution, while allowing for work/life balance. The right candidate will have a demonstrated interest in both consumer and commercial payments technologies and products, specifically, and the financial services industry, generally.

Essential Job Functions

Provide legal advice to the businesses that provide payments services to consumers, such as credit and debit card accounts, as well as a variety of cash management services to commercial clients, including working with support areas on end-to-end product documentation, third party service provider agreements, client contracts, and management of outside counsel relationships (as appropriate).

Responsibilities include:

• Providing legal advice to consumer and commercial payments business, with a focus cash management services. Examples include: drafting disclosures and terms for payments-related products, interpreting federal and state law requirements, supporting the negotiation of third-party contracts with FinTech partners, resolving customer complaints, and reviewing legal issues with new business initiatives.

• Collaborating with the Compliance department to advise the company on all aspects of laws and regulations applicable to consumer and commercial payments.

• Collaborating with the line of business and Compliance on drafting and updating of line of business policies and procedures.

• Drafting and reviewing forms, disclosures and agreements for use by the applicable businesses with minimal supervision.

• Reviewing and responding to regulatory and customer complaints.

• Partnering with other legal staff, risk partners, and line of business on enterprise level operational issues and projects.

• Ensuring compliance monitoring and internal controls are in place, including processes for management of operational risk, in accordance with Company and regulatory standards.

• Reviewing vendor contracts and advising of any regulatory or legal concerns related to the applicable businesses.

• Performing legal research and provide summaries of findings as required or assigned.

• Maintaining and periodically updating standard legal documentation for line of business use.

• Providing legal updates to direct manager, line of business clients, and Compliance regarding areas of expertise as appropriate.

• Representing the Law Group as proficient in areas of responsibility.

• Otherwise performing legal work necessary to fulfill scope of responsibility.

• Other special projects as assigned.

Professional Qualifications

2-3+ years of relevant, progressive experience as a practicing lawyer.

Ability to perform each essential function with skill, efficiency and practicality.

The ideal candidate will have some general experience and/or knowledge of applicable federal and state banking regulations including TILA, ECOA , Reg. E, Reg. II, and UDAAP.

Client service focus, including:

• Creative self-starter with ability to develop and implement innovative, flexible, balanced and practical legal and business solutions.

• Collaborative with others, able to work as part of a team to accomplish goals.

• Ability to anticipate client needs based on understanding of business and regulatory environment;

• Ability to operate independently with moderate supervision and address a variety of legal and business issues

Good interpersonal and communication skills; ability to facilitate, influence and negotiate at all levels.

Juris Doctor from an accredited law school.

Active license to practice law in one or more appropriate jurisdictions.

About Key

KeyCorp was organized more than 160 years ago and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $95 billion. Key provides deposit, lending, cash management and investment services to individuals, small and medium-sized businesses under the name of KeyBank National Association. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

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KeyCorp is an Equal Opportunity Employer M/F/D/V


KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.


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