Senior Counsel

Old National Bank • Minneapolis, MN

1d • Onsite

About The Position

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
Old National’s Legal and Government Relations Department is seeking an attorney with strong academic credentials and appropriate experience, capable of providing legal advice and support to our Treasury Management, Merchant Services and Financial Institutions 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, and will serve as a trusted, valued and strategic legal partner and advisor to the Bank’s business teams.

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.

Benefits

• competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance
• 401K
• continuing education opportunities
• employee assistance program
• Impact Network Groups

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed