Deputy Chief Legal Counsel

Choice BankFargo, ND
$110,170 - $194,423

About The Position

The Legal Counsel job family provides enterprise legal guidance to support business strategy while managing regulatory, contractual, and reputational risk within a highly regulated financial services environment. Roles within this family advise leadership on complex legal matters, ensure compliance with applicable laws and supervisory expectations, and help the organization navigate risk-informed decision-making. As career levels progress, responsibilities expand from execution and subject-matter expertise to practice leadership, enterprise risk ownership, and board-level advisement. Collectively, this job family serves as a strategic partner to the business while safeguarding the institution’s legal integrity and governance obligations.

Requirements

  • Juris Doctor (JD) from an accredited law school
  • Active license to practice law in MN or ND; broad licensure or national practice experience preferred
  • 10+ years of legal experience, including senior leadership roles, including both law firm and in-house roles
  • Extensive experience in financial services, regulatory matters, governance, or enterprise risk
  • Enterprise-wide legal and regulatory expertise with strong business acumen
  • Ability to oversee multiple legal practice areas and resolve complex, high-impact issues
  • Strategic decision-making skills with sound, defensible risk judgment
  • Experience advising executive leadership and supporting board-level matters
  • Proven ability to lead large initiatives, crisis response, and regulatory engagements

Nice To Haves

  • broad licensure or national practice experience preferred

Responsibilities

  • Translate the GC/CLC’s legal strategy into execution across the department (priorities, operating rhythms, metrics, capacity planning).
  • Lead enterprise-wide legal initiatives impacting governance, risk, and regulatory posture.
  • Ensure consistent risk philosophy and decision-making across practice areas.
  • Prepare or review board/committee materials related to legal, governance, litigation, enforcement matters, and significant risk topics.
  • Serve as primary legal advisor for designated business areas and strategic advisor to executive leadership.
  • Present updates to committees as delegated by GC/CLC.
  • Lead legal strategy for significant regulatory matters (MRAs/MRBAs, consent orders, enforcement actions) in partnership with compliance/risk.
  • Oversee privileged assessments and remediation governance.
  • Lead legal response to critical incidents: material complaints, data breaches, investigations, reputational events, enterprise disputes.
  • Coordinate with Communications, Risk, Compliance, and executive leadership to manage legal exposure and messaging.
  • Improve legal operations: matter management, outside counsel spend, playbooks, template standardization, contracting SLAs.
  • Oversee litigation management with outside counsel, including legal process workflows (subpoenas, garnishments) and cost-effective strategy for staffing and spend.
  • Partner with Risk and Compliance to align legal advice to enterprise risk frameworks and ensure execution of agreed risk mitigations.
  • Provide continuity and succession support for the Chief Legal Counsel role; serve as acting delegate as assigned.
  • Support legal review of deposit, payment, and BaaS products.
  • Establish quality controls (review protocols, training plans, knowledge management).

Benefits

  • competitive bonus and benefits package

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

Ph.D. or professional degree

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