City National Bank
Counsel-Banking Operations
City National Bank, Los Angeles, CA, United States
COUNSEL- BANKING OPERATIONSWHAT IS THE OPPORTUNITY?City National Bank is seeking a mid-level attorney with 5-10 years’ relevant experience to support commercial, consumer and professional deposit activity, and general bank operations. An ideal candidate will have demonstrated background or skillset in one or more of the following areas: (i) drafting and negotiating contracts relating to bank products and deposits; (ii) reviewing legal documents such as entity formation and authorization documents, resolutions, trust agreements, and powers of attorney; (iii) investigating and responding to client complaints; and/or (iv) performing substantive legal research and analysis. The candidate must have strong critical analysis and writing skills, with high attention to detail and accuracy, and be enthusiastic about exposure to a wide variety of new issues and areas of law.What you will doProvides counsel and assistance to management of the Bank and other colleagues with respect to legal matters which include research, preparing opinions, and drafting documents.Partners with business units and support groups (e.g., Operations, branches, treasury management, Compliance, product, and risk management) to provide effective and efficient legal, transactional and regulatory guidance.Conduct legal research on statutes and regulations affecting consumer and business deposit accounts.Oversee and provide guidance/mentorship to paralegals.Supports other attorneys as needed.Review, draft, and negotiate contracts relating to bank products and deposits, including without limitation, confidentiality agreements and NDAs, control agreements (deposits and securities), escrow agreements, and releases and indemnification agreements.Review and analyze entity formation and other organizational documents (e.g. operating agreements, bylaws, partnership agreements, corporate resolutions, etc.), to respond to inquiries on a wide variety of corporate authority-related issues.Assist with processing and responding to internal questions related to bank operations (e.g., issues such account opening, signing authority, trust and estates, fiduciary or custodial roles, court orders, etc.).Conduct fact-finding to evaluate the merit of potential claims, including coordinating with bank colleagues to investigate factual and contextual background, gathering and analyzing documents, and conducting detailed review and/or examination of documentation to determine relevance and legal implications.Assist with preparing responses to client complaints.Familiarity with statutes and regulations affecting consumer and business deposit accounts, including Federal Reserve Act/Regulation D; Electronic Funds Transfer Act/Regulation E; Expedited Funds Availability Act/Regulation CC; Truth in Savings Act/Regulation DD; UCC Articles 3, 4 and 4a; CAN-SPAM; and UDAAP.May supervise outside counsel on assigned legal matters.Responsible for certain administrative or operational functions within the Legal Division.Complies fully with all Bank policies and procedures, including the Colleague Code of Conduct, as well as all legal and regulatory requirements.Completes all required training.Must-Have*JD (Juris Doctor)Minimum 5 years of experience with providing counsel and advice within a specific area of expertise.Skills and KnowledgeBe well versed in state and federal laws and regulations governing the assigned area(s) of responsibility, banking environment, and related industry practices.Demonstrated experience in analyzing, interpreting and communicating strategies and requirements, and the ability to translate complex legal requirements into written materials and oral presentations.Must have excellent problem solving abilities and effective verbal, written and executive communication and presentation skills.Excellent problem solving abilities and effective verbal, written and executive communication and presentation skills.Strong presentation and documentation skills.Ability to manage multiple projects concurrently and meet deadlines.Flexibility and ability to work well with a team.Ability to work on cross-functional teams with emphasis in multiple coverage areas.Experience with managing confidential information and documents with discretion.Experience working in financial services industry preferred.Strong business sense and ability to exercise good business judgement is criticalBasic understanding of banking/financial services operations and issuesAbility to simplify, problem solve, multitask and work effectively against deadlinesStrong legal research and analysis skillsDetail orientedCompensationStarting base salary: $127,626 - $237,014 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.*To be considered for this position you must meet at least these basic qualificationsThe preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.Benefits and PerksAt City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENTCity National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'ABOUT CITY NATIONALWe start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.#LI-KTB#CA-KTB