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Senior Counsel - Digital Banking Services in New York, NY at Key Bank- Corporate

Date Posted: 7/15/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    New York, NY
  • Date Posted:
    7/15/2020

Job Description

Provide legal advice and support for digital banking services such as consumer loans and deposit products. Advice and support will include marketing, originations and servicing, including working with support areas on loan documentation and managing outside counsel relationships (as appropriate). Responsibilities include:
  • Preparing various agreements such as nondisclosure and partnership agreements, assisting with registration issues, vendor management concerns, customer complaints, etc.
  • Collaborating with Risk partners to advise the company on all aspects of laws and regulations applicable to consumer lending and digital banking.
  • Collaborating with the line of business and Risk partners 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 providing 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
REQUIRED
  • 8 + years of relevant, progressive experience as a practicing lawyer.
  • Demonstrated 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.
  • 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


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.

42633BR

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