Assistant General Counsel 2 - Consumer Lending Originations & Marketing

Truist Financial CorporationCharlotte, NC
39dOnsite

About The Position

Truist is hiring for an Assistant General Counsel/Associate General Counsel that will maintain strong, productive relationships with key internal clients while serving as a trusted legal advisor, legal risk manager, and business partner. Serve as a technical expert in particular area(s) of specialization. Support consumer real estate and personal lending lines of business with product support and loan fulfillment activities, as well as sales and marketing practices. Partner with Compliance and Risk partners in guiding Originations teams through development and execution of product marketing campaigns, resolving loan production issues, addressing consumer complaints and participating in exam responses. Guide team supporting originations activities through loan-closing specific legal questions, around execution requirements, Trusts, POAs, title encumbrances. Provide primary legal support to marketing initiatives across consumer lending products, from advising regarding strategic approaches to reviewing proposed digital and physical marketing materials. Supervise paralegal team in conducting state law research and apply state law requirements to consumer lending products. This team member will work with federal regulations surrounding consumer lending, including Reg Z, RESPA 8, ECOA, FCRA, as well as FTC Act and associated guidance, CAN-SPAM, TCPA, a nd comparable state law requirements. Should also have working knowledge of FNMA/FHLMC dynamic. Position has in office expectations. Position is being posted as a multi-level posting and identified candidate will be placed in appropriate level based on experience.

Requirements

  • Juris Doctorate degree from an ABA accredited law school and licensed to practice law in good standing
  • 5 -8 years of post-bar experience in a law firm, government, and/or corporate settings
  • Possess strong written and verbal communication skills
  • Ability to prioritize matters, utilize time management skills, and move between matters fluidly
  • Ability to handle a heavy workload, manage stress effectively and meet critical deadlines
  • Team-oriented mentality and excellent interpersonal skills
  • Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Nice To Haves

  • Substantial experience in a corporate legal department having successfully held positions of advancing responsibility
  • Comfortable working in the entrepreneurial environment of a large, complex corporation
  • Experience in consumer lending origination and acquisition, including marketing.
  • Knowledge of state consumer lending laws and proficiency in state law research.
  • Familiarity with real property title and loan closing practices.
  • Knowledge of federal regulations pertaining to consumer lending, including FCRA, TILA, RESPA, ECOA, FTC Act, CAN-SPAM, and TCPA.

Responsibilities

  • Provide significant internal client legal support day to day on an independent basis.
  • Responsible for assessing complex legal risk, providing legal advice, and/or assisting in resolving legal problems which may represent potential exposure to the company.
  • Keeps abreast of and analyzes legislation, regulations, and case law developments that affect the company and the banking industry in area of practice.
  • May prepare and/or review routine documents and other instruments, represent the company in transactions, litigation, bankruptcy matters, or alternative dispute resolutions (as applicable), performing legal research and analysis, maintaining files and records
  • Develop an initial area of specialization to support line(s) of business
  • Serve as an individual contributor but may provide ad hoc work direction and leadership to other legal staff regarding support on active cases or projects.

Benefits

  • All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
  • Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
  • Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
  • Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Credit Intermediation and Related Activities

Education Level

Ph.D. or professional degree

Number of Employees

5,001-10,000 employees

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