Senior Associate General Counsel

State of Illinois•Chicago, IL

9d•Hybrid

About The Position

The Senior Associate General Counsel serves in the Banking Program Counseling Section’s Regulatory Affairs Unit and provides legal advice and counsel on banking, mortgage, student loan servicing, and other financial regulations. The position supervises subordinate technical staff, advises staff on legal policy and regulatory affairs, and confers with Department and Division personnel, legislators, regulators, regulated industries, attorneys, and members of the public on complex legal problems. The role researches and investigates issues affecting regulated industries, recommends legal courses of action, represents Division leadership at functions, and serves as backup to the Senior Associate General Counsel of the Consumer Protection and Enforcement Unit. The position is with the Illinois Department of Financial and Professional Regulation. It is a four-year term appointment, renewable for successive four-year terms at the Director’s discretion, and is subject to a probationary period. The position requires travel and reports to the Chicago headquarters as operational needs require. The stated work schedule is Monday through Friday, 8:30 a.m. to 5:00 p.m.

Requirements

Law degree.
License to practice law in Illinois.
Prior experience equivalent to four years of progressively responsible administrative experience in law.
Ability to travel.

Nice To Haves

At least five years of experience in financial regulatory work, including regulation of banks, insurance, lending, fiduciaries, securities, or commodities; experience with safety and soundness regulation of FDIC-insured banks and savings associations is most preferred.
At least three years of experience supervising a staff of two or more.
At least three years of experience practicing as an attorney in banking or financial institutions.
At least eight years of experience practicing law.

Responsibilities

Serve as Senior Associate General Counsel of the Regulatory Affairs Unit for Department management staff, subject to management approval.
Provide legal advice and counsel concerning the licensing, supervision, regulation, and examination of state-chartered banks, corporate fiduciaries, pawnbrokers, non-bank mortgage companies, mortgage loan originators, student loan servicers, and other regulated persons.
Serve as a full-line supervisor.
Confer with Division of Banking and Division of Financial Institutions staff and attorneys, other Department staff and attorneys, legislators and their staff, state and federal regulatory agencies, regulated industries and their attorneys, and the public on complex legal problems.
Coordinate or independently research and investigate issues germane to regulated industries and recommend legal courses of action.
Speak on behalf of Division leadership at various functions.
Serve as backup to the Senior Associate General Counsel of the Consumer Protection and Enforcement Unit.
Perform other related duties as required or assigned within the scope of the position.

Benefits

Health, life, vision, and dental insurance.
12 weeks of paid maternity/paternity leave.
Pension plan, with Tier II vesting at 10 years.
Free health insurance during retirement for employees receiving full 20-year retirement awards.
Deferred compensation and other pre-tax benefits programs.
12–14 paid state holidays annually.
Three paid personal business days annually.
12 paid sick days annually, with sick days carrying over year to year.
10–25 days of paid vacation annually, including 10 days in the first year of employment.
Employee Assistance Program and/or mental health resources.