Senior Counsel - General Banking

Old National Bank•Nashville, TN

12d•$200,000 - $230,000•Hybrid

About The Position

Old National Bank is seeking an attorney with strong academic credentials and appropriate experience to provide legal advice and support to its business lines, branch operations, deposit services, compliance, and treasury management teams. This attorney will have a broad practice range within the Bank but will primarily focus on providing day-to-day support for these teams, serving as a trusted, valued, and strategic legal partner and advisor. The role involves advising on general banking and regulatory matters, responding to legal inquiries, reviewing and drafting agreements, advising on compliance with banking laws and regulations, providing counsel on privacy and emerging technologies, collaborating with control partners, supporting policy development, monitoring legal developments, providing guidance for product development, and managing outside counsel and staff as needed.

Requirements

Minimum of 10 - 15 years’ experience practicing law full-time working in a legal department of a medium or large financial institution, or with a major law firm with substantive experience during that time serving financial institutions.
Admitted to practice, and in good standing with the bar of one of the states in our footprint, with preference given to Illinois, Indiana or Minnesota, or qualified to be registered to practice as in-house counsel in the applicable state.
Ability to apply sound legal analysis and practical business judgment to legal matters with solutions-oriented approach that balances business objectives.
Ability to consult with and advise Bank management at all levels.
Strong written, oral and interpersonal communication skills.
Ability to deliver timely, high quality work product.
Ability to work independently and collaboratively in a fast-paced, client-focused, team environment.

Nice To Haves

Strong understanding of federal and state banking laws and regulations, including those governing deposit operations, payments and related compliance areas.
Experience providing day-to-day support on branch operations, deposit services and treasury matters.
Experience reviewing, analyzing, revising and drafting bank customer-facing agreements and disclosures as well as internal policies and procedures.
Familiarity with privacy laws and data protection requirements, including GLBA, CCPA and other state privacy laws and emerging AI and technology regulations.
Prior experience advising on emerging technology initiatives, including responsible use of artificial intelligence and automation in financial services.
Excellent analytical, communication and relationship-building skills.
Ability to effectively communicate legal advice and engage with lines of business consistent with the Bank’s culture and business strategy.
Demonstrated collaboration and relationship-building skills across business units, risk, compliance and operations teams.

Responsibilities

Provide legal support to business lines and operational areas on general banking and regulatory matters, including branch operations, deposit accounts, payments and treasury functions, conducting legal research, and advising on applicable laws and regulations, documentation, and procedures.
Respond to inquiries from the bank’s help desk and operations areas, providing timely, clear and actionable legal guidance.
Review, analyze and draft customer agreements, disclosures and related documents to ensure compliance with applicable law and alignment with bank policies and risk appetite.
Advise on compliance with federal and state banking laws and regulations across the bank’s footprint, including support for 50-state reviews as needed.
Provide counsel on privacy, data protection and responsible use of artificial intelligence and emerging technologies.
Collaborate with risk, compliance and information security and other control partners to identify, assess and manage legal and operational risks.
Support the development, maintenance and enhancement of internal policies, procedures and training materials.
Monitor state and federal legal and regulatory developments and advise internal stakeholders of emerging legal and regulatory trends impacting banking operations.
Provide legal guidance for product development initiatives, new payment technologies, and digital banking solutions to ensure regulatory compliance and sound risk management.
Coordinate and work on various bank legal projects as determined by senior legal leadership.
Manage outside counsel relationships as needed.
Manage paralegals and other staff as needed.
Support other areas of the Bank as needed or requested.