Junior Corporate Attorney

WSFS Bank • Philadelphia, PA

1d • $92,869 - $152,569

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 $24+ billion parent, WSFS Financial Corporation (Nasdaq: WSFS). The Corporate Attorney will be required to have skills in contract drafting and negotiation experience, and an ability and desire to assist with the legal needs of all areas of the company, including compliance, collections & recovery, corporate governance, regulatory audits, human resources, insurance, etc. This position will report to (and work closely with) the General Counsel & VP of Administration.

Requirements

• The successful candidate will have a Juris Doctorate (JD) and be licensed to practice in Pennsylvania.
• Must have mature judgment and excellent analytical and communication skills (verbal and written).
• Candidate must have a “business” mindset, with an understanding or strong desire to learn the commercial finance and banking industries.
• One to three years of relevant experience practicing law at a law firm, regulatory/governmental agency or corporate legal department.
• Strong organizational skills.
• Must possess 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.
• Desire to learn and grow in the role under the leadership (and mentorship) of the Corporate Counsel and other leaders.
• Must possess 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.
• Must have legal right to work in the U.S.
• Thorough knowledge of MS-Office Suite (Word, Excel, PowerPoint, Access, Teams).

Nice To Haves

• Prior practice or experience in commercial leasing/financial industry or banking sector is preferred.
• Contract drafting and negotiation experience preferred.

Responsibilities

• Drafting, reviewing and assisting in negotiating contracts for all areas of the organization.
• Provide assistance (in coordination with Corporate Counsel, department leaders and our parent, WSFS Bank) for matters relating to regulatory compliance, audits, vendor management, corporate governance, collections and other similar matters.
• Responsible for assisting in 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).
• Provide active legal support to the Collections and Recovery teams to help minimize charge-offs and maximize recoveries.
• Perform legal research on legal issues in leasing and finance law, and prepare memoranda regarding research findings to help guide companywide decisions
• Assist in representing the legal department in cross-functional teams and task forces formed to implement new business or legal policies, procedures and initiatives and work with other departments to resolve issues.
• Knowledge of applicable federal and state laws and statutes, including Uniform Commercial Code Article 2A.
• Assist as liaison to parent (WSFS Bank) on a wide range of business and legal matters, including compliance with banking regulations.
• Support the legal and executive team with daily administrative tasks as needed
• Work closely with Corporate Counsel of NewLane to grow in the role (with opportunity to grow to take on additional responsibilities).

Benefits

• The successful candidate will receive a competitive compensation package, excellent benefits package to include Health, Rx, Dental, Vision, Life Insurance (Company Paid), AD&D Insurance, Additional Voluntary Life Insurance, Short Term/Long Term Disability Insurance, Flexible Spending, 401(k) with match, generous PTO and much more…

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Ph.D. or professional degree