Assistant General Counsel

Federal Home Loan Bank•Irving, TX

About The Position

Under the direction of the General Counsel, the Assistant General Counsel provides legal advice to Bank departments and managers to support the Bank’s business and operations, minimize legal risk, and ensure compliance with applicable laws and regulations. The role also provides support and assistance to the General Counsel as directed. Work is performed in a temperature-controlled office environment requiring little physical exertion. The noise level is low to moderate. The position commonly involves mental concentration, attention to detail, and extended computer use. Complex tasks may need to be completed under deadline pressure, and interruptions may occur. Evening and weekend work may occasionally be required based on business needs. FHLB Dallas describes its culture as professional and inclusive, emphasizing service to members, ethical conduct, customer service, professional relationships, cooperation and teamwork, and treating colleagues and members with respect and dignity. The Bank provides equal employment opportunity without regard to the protected characteristics specified in its posting.

Requirements

Law degree from an accredited law school.
Membership in good standing of a state bar.
At least 5 years of legal experience.
Knowledge of banking and financial services law, in addition to one or more of the following areas: corporate governance, privacy, financial derivatives, real estate, and residential mortgage lending or servicing.
Excellent written and oral communication skills, including the ability to explain complex legal issues clearly and effectively to non-lawyers.
Strong client service ethic and a proven track record working with different business teams and stakeholders and building strong internal and external relationships.
Strong business acumen and the ability to see the big picture while executing appropriate details.
Ability to work effectively independently and as a team member.

Nice To Haves

Texas bar license preferred.
In-house experience with a corporation in the financial services industry or with a financial regulatory agency.
Interest in and experience with artificial intelligence.

Responsibilities

Review and interpret statutes and regulations and provide legal guidance to Bank staff.
Review and analyze proposed regulations and communicate the analysis to relevant Bank departments.
Coordinate with Bank departments to update documents, policies, and procedures to comply with new and revised laws and regulations.
Provide legal advice and counsel to Bank departments regarding the Bank’s business activities, staff functions, and external reporting requirements.
Represent the Bank in meetings with member institutions, counterparties, vendors, and other third parties.
Review and draft Bank policies and procedures to identify potential legal or regulatory risk.
Research and draft legal opinions and memoranda concerning relevant legal issues, including proposed new Bank activities.
Review and draft Bank transactional agreements as assigned.
Participate in Federal Home Loan Bank System working groups, Bank management committees, and internal project teams.
Assume additional responsibilities as assigned by the General Counsel.