Bank Deputy General Counsel

Stifel•Saint Louis, MO

14d

About The Position

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole. Let’s talk about how you can find your place here at Stifel, where success meets success . What You'll Be Doing The Deputy General Counsel will provide legal advice and service primarily to Stifel Financial Corp.’s subsidiary banks and trust companies (collectively, the “Banks”). In cooperation with the management of the Banks and their parent company, the candidate will advise and collaborate with business partners on various issues and business initiatives, such as deposit and loan related matters and related regulatory requirements.

Requirements

Deep knowledge of the laws and regulations enforced by the CFPB, the Board of Governors of the Federal Reserve System, the FDIC, the OCC, and other state and federal agencies, as well as their impact on the Banks’ current and future products and services, including deposit and treasury management focused products and services.
Adaptability to changing regulatory and business environments.
Strong business acumen and ability to translate legal concepts into actionable business strategies.
Practical experience with all aspects of deposit and treasury management related products and services, including developing and growing of new products and services, drafting disclosures and procedures, and dispute resolution.
Expertise with the Uniform Commercial Code in connection with deposit and treasury management focused products and services.
Practical knowledge of and experience providing advice regarding laws, rules and regulations relating broker-dealers generally (FINRA/SEC).
Working knowledge of the institutional business and how it interacts and collaborates with the wealth management business.
Excellent communication (oral and written), research and strategic thinking skills.
Ability to work independently in a fast-paced environment.
Ability to analyze complex issues and to provide actionable advice.
Team and service oriented.
Strong work ethic, organizational and time-management skills.
A strong willingness to learn new skills.
Minimum Required: J.D. degree with a strong academic background and in good standing with the applicable state bar association.
Minimum Required: 5 years' of relevant experience at a law firm or in-house legal department preferably in a regulatory or financial institution.
Minimum Required: Licensed to practice law in Missouri
Proficient in Microsoft Excel, Word, PowerPoint, Outlook

Responsibilities

Advises on deposit and treasury management related products and services, including ACH, wire transfers, remote deposit capture, credit cards, and online banking, as well as the resolution of disputes concerning the products and services.
Drafts client and internal facing deposit and treasury management related documents, policies, and procedures.
Advises on and documents commercial and consumer loan transactions and loan workouts, as needed. Loans may include private banking loans, Regulation U loans, sponsor finance, real estate, and venture and fund lending loans.
Assists with due diligence for loan transactions, including review of corporate and trust documents.
Manages and reviews work performed by outside counsel.
Advises the Banks’ and Stifel Financial Corp.’s management, as well as the firm’s associates, concerning compliance and regulatory matters.
Advises, drafts, and negotiates contracts and regulatory documents.
Interprets laws, rulings and regulations involving the Banks’ business lines, including mortgage and other consumer lending.
Analyzes risks associated with a wide variety of issues.
Gathers evidence to formulate defenses to potential claims.
Works with outside counsel to represent the Banks in litigation, arbitration, or in certain cases directly before government and regulatory agencies, as required.
Conducts legal research to assist in the firm’s business growth.
Assists in general corporate legal drafting, including minutes.