Associate Counsel in Buffalo, NY at Key Bank- Corporate

Date Posted: 4/3/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    4224 Ridge Lea Road
    Buffalo, NY
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    4/3/2020

Job Description

Associate Counsel

About the Job

The KeyCorp Law Group is seeking an experienced attorney to support the indirect and direct automobile/vehicle lending business as well as student lending originations and servicing within KeyBank’s Consumer Bank. The position will be located in either Buffalo, NY, or 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 consumer lending transactions specifically and the financial services industry generally.

Essential Job Functions

Provide legal advice to the businesses that provide indirect and direct vehicle lending as well as student lending originations and servicing, including working with support areas on loan documentation and managing outside counsel relationships (as appropriate). Responsibilities include:

• Providing legal advice to consumer lending business with a focus on indirect and direct vehicle loans as well as student loans, including origination, servicing and default activities. Examples include: dealing with issues related to GAP and ancillary products, interpreting state law requirements, drafting dealer repurchase demand letters, resolving customer complaints and reviewing legal issues with new business initiatives.

• Supporting and serving as the main point of contact for the legal needs of the Indirect Auto and Key Education Resources businesses.

• Collaborating with the Compliance department to advise the company on all aspects of laws and regulations applicable to indirect and direct vehicle lending as well as student lending activities.

• 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.

• Reviewing and responding to regulatory and customer complaints.

• Partnering with other legal staff and lending units 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 line of business managers 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

4-7 + years of relevant, progressive experience as a practicing lawyer.

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

General consumer lending background with relevant experience with applicable federal and state banking regulations including TILA, ECOA, RESPA, FDCPA, FCRA and UDAAP.

The ideal candidate will have some experience and/or knowledge of working with loan documentation and familiarity with the UCC and lien issues.

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 minimal 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.

For more information, visit https://www.key.com/.

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



FLSA STATUS:Exempt

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.

40210BR

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