Senior 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 Senior Counsel will independently provide deep expert legal advice and counsel on highly complex legal matters with senior level leaders. They will negotiate significant income generating deals on behalf of business partners and the enterprise. This role involves creating valuable risk management recommendations by leveraging sound risk assessment information and actively identifying and logically assessing potential legal risks in ambiguous, unique and/or the most complex business situations which have the greatest potential for significant impact to the company.

Requirements

Juris Doctorate 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 has 15 or more years of relevant legal experience.
May have management experience.
Has significant experience with or knowledge of one or more areas of law, complex legal practices and procedures, project management concept and techniques.
Considered a subject matter authority within his or her areas of legal expertise.
Sound business acuity and knowledge of the business goals and objectives as they relate to the matter at hand.
Considered a legal subject matter expert within privacy, real estate, investments, or capital markets related practice areas, having significant legal experience with and knowledge in one or more of those areas.
Understanding of complex legal practices and procedures, and familiarity with and significant experience negotiating complex structures, multi-faceted transactions, and joint ventures.
Given the related legal constraints, appropriate risk tolerance, and the business objectives, ability to apply practical, reasoned and effective solutions to complex legal matters and issues, including those with no established precedent, and to develop creative solutions to unique legal problems.
Takes the lead role in negotiations that are complex, strategic or sensitive in nature.
Skilled with project management concepts and techniques.
Possesses sound business acumen and demonstrates ability to understand the business goals and objectives as they relate to the relevant practice area and matter at hand.
Analytical ability to interpret sophisticated agreements and applicable statutes and regulations.
Actively identifies and logically assesses potential legal risks in ambiguous, unique and/or highly complex business situations.
Skilled with difficult conversations and appropriately challenging business partners when necessary; effectively and directly responds to challenges to delivered advice and counsel.
Decision-making ability to set work priorities and make recommendations.
Ability to lead, initiate, organize and coordinate highly complex projects and/or cases and cross-functional projects.
Strong verbal and written communication skills.
Supervisory skills helpful.
May have significant professional and/or civic involvement.
Regularly and consistently demonstrates Nationwide Values.
Valid credit check and/or background check required as part of the selection process.

Nice To Haves

Prior experience with debt issuances, credit facilities, treasury transactions, and/or reinsurance transactions preferred.
We encourage you to apply even if you don’t meet every qualification listed. We value transferable skills, intellectual curiosity, and a willingness to learn.

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 legal subject matter expertise on specialized privacy, real estate, investment, or capital markets related matters and transactions.
Advises, counsels, develops conclusions and recommendations, negotiates on behalf of business partner, drafts necessary legal documents, and closes deals that are financially significant, high-risk, or highly complex and that directly generate income and affect the enterprise’s profitability.
Creates valuable risk management/mitigation recommendations leveraging sound risk assessment information to further achievement of the enterprise’s privacy, real estate and investment portfolios.
Regularly interacts with senior leaders in the Company on legal matters within his or her area(s) of legal expertise.
Has input into or influence on Company decision-making.
Takes the lead role in matters that are highly complex, strategic or sensitive in nature while understanding the business partner's position and needs and considering the long-term business and strategic consequences of possible outcomes.
Meets with business partners to understand business processes and needs.
Keeps senior leaders and appropriate management of Company informed of case law and new legislation, as appropriate.
Has a broad network of established relationships both internal and external to the organization, particularly in recognized areas of subject matter expertise.
On behalf of the Company or the area of expertise, has significant interaction with persons outside of the Company, including opposing counsel, industry regulators, peer groups, and outside advisors.
Works independently and may lead teams to resolve highly complex legal and organizational issues.
May have management responsibility for a small group of legal resources within an area of law.
May supervise, assign work to and coordinate tasks, projects, or assignments for other associates.
May be responsible for the development, coaching, training, and mentoring of individual team members.
Ensures compliance with approved outside counsel budget.
May make outside counsel budget recommendations.
May perform other responsibilities as assigned.