Corporate Attorney

WSFS Bank•Philadelphia, PA

2d•$133,728 - $219,697•Onsite

About The Position

NewLane Finance is a commercial equipment finance company, serving small and mid-size businesses nationwide. Our mantra is "business lending done right", and our strategy is to revolutionize small business lending by utilizing advanced technology and employing a motivated workforce to deliver fair and transparent financing solutions to businesses with unmatched levels of speed, convenience, and customer service. Our products and services are offered to the business community primarily through financing programs with equipment manufacturers, distributors, and dealers. NewLane Finance is powered by a $20+ billion parent, WSFS Financial Corporation (Nasdaq: WSFS). The Corporate Attorney will be required to have strong skills in contract drafting and negotiations and an ability and desire to handle the legal needs of all areas of the company, including compliance, corporate governance, regulatory audits, human resources, insurance, collections & recovery, etc.

Requirements

Juris Doctorate (JD) and be licensed to practice in Pennsylvania.
Mature judgment and excellent analytical and communication skills (verbal and written).
A “business” mindset, with an understanding of the commercial finance and banking industries strongly preferred.
Five years of relevant experience practicing law at a law firm, regulatory/governmental agency or corporate legal department.
Prior practice or experience in commercial leasing/financial industry or banking sector is preferred.
Strong contract drafting, negotiation and organizational skills.
A “compliance mindset” and able to work well with auditors and other third parties on compliance and regulatory matters.
Ability to conduct effective legal research, drawing appropriate conclusions and presenting findings to leadership.
Ability and desire to think and lead on a strategic level within an organization while also delivering on day-to-day duties.
Ability to work both independently and collaboratively in a project setting with members of other departments.
Ability to work quickly and effectively without sacrificing quality.
Thorough knowledge of MS-Office Suite (Word, Excel, PowerPoint, Access, Teams).

Nice To Haves

Firm grasp of applicable federal and state laws and statutes, including Uniform Commercial Code Article 2A and Article 9, disclosure laws, and rules relating to security interests.

Responsibilities

Drafting, reviewing and negotiating contracts for all areas of the organization, requiring the candidate to be well-rounded to be able to identify, assess and handle all legal issues that might arise.
Provide assistance and oversight (in coordination with department leaders and our parent, WSFS Bank) for all matters relating to regulatory compliance, audits, vendor management, corporate governance, and other similar matters.
Responsible for advising business segments on legal issues related to commercial transactions (which may include advice regarding commercial loans and leases, new business originations, portfolio administration, customer service, collections, litigation, and credit support activities).
Review and analyze business practices and proposals for compliance with federal and state laws for all business lines and product offerings, including: B2B contracts, commercial leases and loans, disclosure and other regulatory requirements, contract forms, servicing and collections practices, etc…
Represent legal department in cross-functional teams and task forces formed to implement new business or legal initiatives and work with other departments to resolve issues.
Anticipate and mitigate potential legal problems within the organization and develop strategies to avoid costly litigation and reduce potential areas of risk.
Provide legal and business support to company’s property insurance subsidiary as needed.
Serve as primary liaison to parent (WSFS Bank) on a wide range of business and legal matters.