Assistant General Counsel - Litigation

Regions Bank•Birmingham, AL
•Onsite

About The Position

At Regions, the Assistant General Counsel provides legal advice and guidance to clients and colleagues on a wide variety of legal issues. The Legal Department is focused on attracting, retaining, and developing great people in an inclusive environment where each person is valued for the distinct skills and attributes they bring to the team. This position partners with business units and executive leadership to provide practical legal advice on complex business and banking matters. It provides expert counsel on a wide range of legal issues, including complex matters requiring in-depth evaluation of variable factors, and maintains distinct, independent ownership of a legal function or specialization. The Assistant General Counsel works with and manages outside counsel, may lead other legal staff, trains bankers and associates, and mentors legal staff. This is a full-time, incentive-eligible position located at Regions Center in Birmingham, Alabama. It is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

  • Law degree.
  • Licensed in good standing to practice law in at least one jurisdiction.
  • Ten years of legal experience at a regulatory agency, in the financial services industry, at a law firm with strong knowledge of bank regulations, or other relevant practical legal experience.
  • Ability to build strong partnerships with senior leadership to drive results.
  • Ability to lead and manage a team of attorneys and support staff providing legal support to an entire line of business.
  • Ability to manage a high-volume workload and reach prompt, pragmatic decisions.
  • Ability to work collaboratively with multiple stakeholders, including senior and executive management.
  • Advanced organizational skills.
  • Ability to assimilate and analyze facts, present complex issues clearly and concisely, and provide succinct, results-oriented legal advice.
  • Ability to manage matters from start to finish with little to no oversight.
  • Ability to operate confidently in a constantly changing environment.
  • Excellent verbal and written communication skills.
  • Expert analytical, research, decision-making, and problem-solving skills, combined with effective time and project management and planning skills.
  • Unique legal expertise in multiple specialized areas of the law.
  • Well-developed ability to tactfully navigate complex discussions.

Nice To Haves

  • Experience with class and/or collective actions.
  • Experience with financial litigation.
  • Experience with employment litigation.
  • Experience with mass arbitration.
  • Experience with shareholder actions.
  • Experience practicing in a law firm environment, preferably supporting complex litigation matters.

Responsibilities

  • Partner with business units and executive leadership to provide practical legal advice on complex business and banking matters.
  • Provide strategic, pragmatic, and expert legal advice to business units.
  • Advise senior management on the interpretation of laws and regulations and changes that affect the Bank.
  • Monitor emerging legislative developments that may affect the Bank.
  • Participate in line-of-business projects, including drafting policies and procedures concerning new regulations, amendments, and new or changed interpretations of existing regulations.
  • Assess legal risk in business decisions, with particular consideration for the Bank’s reputation, clients, and assets.
  • Work with and manage outside counsel on legal issues affecting the Bank and related matter budgets.
  • May lead and manage other Assistant General Counsel, specialists, or paralegal staff.
  • Train bankers, associates, operational staff, and customer support staff on legal issues.
  • Provide legal counsel on complex matters requiring in-depth evaluation of variable factors.
  • Build trusted relationships and internal and external networks across the organization.
  • Maintain distinct, independent ownership of a legal function or specialization.
  • Mentor legal staff and serve as a resource for them.

Benefits

  • Paid vacation/sick time
  • 401(k) with company match
  • Medical, dental, and vision benefits
  • Disability benefits
  • Health savings account
  • Flexible spending account
  • Life insurance
  • Parental leave
  • Employee assistance program
  • Associate volunteer program
  • Annual discretionary incentive plan
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