Counsel (Finance and Complex Risk Transfer)

Nationwide Mutual Insurance•Columbus, OH

1d•Onsite

About The Position

Nationwide's Legal team is seeking a highly motivated, collaborative, and team-oriented attorney to support complex Corporate Treasury and Corporate Financial Transactions. This role offers the opportunity to work closely with a cross-functional legal team on a wide range of sophisticated transactions. The successful candidate will partner effectively with internal stakeholders and senior attorneys to support debt issuances, surplus note issuances, catastrophe bond issuances, credit facilities, liquidity and funding arrangements (e.g., FHLB, commercial paper), intercompany borrowings, capital movement transactions, and compliance with applicable payment laws, regulations, and network rules (e.g., Regulation E, NACHA Operating Rules, and UCC Article 3). This role will also provide meaningful exposure to complex reinsurance transactions, including assisting with their structuring, negotiation, and execution. The role involves providing expert advice and building strong relationships with fellow team members and business leaders across many levels, recommending risk management strategies by actively identifying and assessing risks in unique and complex situations that have potential for significant impact to the company.

Requirements

JD from an American Bar Association-accredited law school.
Fully licensed in accordance with OCLO policy, in good standing and in compliance with all continuing legal education requirements at all times in the state(s) in which they practice.
Typically, six or more years of relevant legal experience.
Demonstrated business acumen and ability to work effectively across functions and with diverse stakeholders.
Excellent analytical skills and sound business judgment, with a client-focused approach.
Superior written and verbal communication skills.
Ability to effectively manage multiple projects and deadlines.
Strong relationship-building, and collaboration skills, with a demonstrated ability to work effectively as part of a team.
Self-starter with the ability to take initiative and drive projects forward.
Willingness and intellectual curiosity to learn new areas and adapt to evolving priorities.
Ability to lead, initiate, organize, and coordinate complex projects.
Has demonstrated business knowledge.
Has proven experience with or knowledge of an area of law, complex legal practices and procedures.
Considered a specialist on a specific product, service or legal specialty (employment, finance, regulatory, real estate, securities, tax, etc.).
Possesses sound business knowledge with respect to area of legal support.
Strong verbal and written communication skills for interacting with associates and business partners.
Skilled at interpreting statutes, regulations, insurance policies and other contracts.
Decision-making ability to set work priorities and make recommendations.
Ability to initiate, prioritize and coordinate complex projects and/or cases that cross functional or business lines.
Takes the lead role in complex and/or strategic negotiations.

Nice To Haves

Prior experience with debt issuances, credit facilities, treasury transactions, and/or reinsurance transactions preferred.
Supervisory skills helpful, as this role may have the opportunity to supervise a small group of legal resources within an area of law.

Responsibilities

Provides legal support to senior attorneys responsible for Corporate Treasury and Corporate Financial Transactions, including debt issuances, surplus note issuances, catastrophe bond issuances, credit facilities, liquidity and funding arrangements (e.g., FHLB, commercial paper), intercompany borrowings, and capital movement transactions.
Assists with the review, drafting, and negotiation of transaction documents and related materials, including ancillary agreements, disclosures, and approvals, under the supervision of senior attorneys.
Assists senior attorneys in providing legal support for reinsurance transactions, including due diligence, transaction execution, and related documentation.
Supports regulatory filings and approvals for material financial transactions and dividends, including preparation of draft submissions and coordination with internal stakeholders and outside counsel.
Supports Corporate Treasury activities, including reviewing and maintaining banking and payment services agreements with key banking partners, and monitoring compliance with applicable payment laws, regulations, and network rules (e.g., Regulation E, NACHA Operating Rules, and UCC Article 3).
Conducts legal research and analysis on credit, funding, reinsurance, and financial regulatory matters and prepares summaries, memoranda, and recommendations for senior attorneys.
Helps identify process improvements and efficiencies related to financial transactions, regulatory support, and documentation, including supporting workflow tracking and maintaining transaction records.
Works collaboratively with internal business partners in Treasury, Finance, Reinsurance, and other functions, as well as with outside counsel, to support the timely execution of transactions.
Monitors, analyzes, and assists with the development of advocacy positions related to emerging financial and solvency regulation at both state and federal levels.
Provides advice and expertise on a broad range of legal matters with minimal direction within a specific area of responsibility.
Attends business partner meetings to better understand business processes and needs.
Identifies and assesses risks in unique or complex business situations.
Creates risk management/mitigation recommendations demonstrating sound risk assessment and legal skills.
Addresses situations of high exposure or risk; understands business risk tolerance and considers it in the context of risk management strategies and actions.
Has input into or influence on company decision-making.
Builds creative, practical and effective solutions to issues with no established precedent.
May interact with persons outside of the company on behalf of the organization.
Leads matters that are complex and/or strategic in nature.
Understands the business partner's goals, objectives and needs.
Advises senior leaders on case law, legislative and regulatory matters.
Considers the long-term business and strategic consequences of potential outcomes.
Demonstrates strength with clients by clearly communicating legal requirements and cautionary counsel.
Effectively responds to challenges and collaborates to achieve risk-mitigated outcomes.
Builds and maintains a wide network of positive relationships at many levels within the OCLO and with business partners, including at leadership levels.
Works independently and may also lead teams on group/client tasks, projects or assignments.
May mentor less experienced attorneys or paralegals on business and legal issues.
May perform other responsibilities as assigned.