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Bank Regulatory Legal Counsel - New York, NY, United States - Michael Page
Description
The Senior Counsel will provide advice on U.S.bank regulatory matters and will be responsible for offering guidance on permissible activities, investments, and applicable Federal Reserve regulations, including Regulations Y, W, K, and YY, and the Volcker Rule.
They will also provide recommendations on lending limits, capital and liquidity requirements, and other applicable banking regulations. Client DetailsBanking client.
Description
Reporting directly to the General Counsel, the Senior Bank Regulatory Counsel will serve as a key member of a small legal team.
Main Responsibilities:
Regularly interface with business lines and support functions to advise and assist with various bank regulatory issues, providing useful, dependable advice
Conduct legal research and provide analysis of issues arising under the U.S. federal and state banking laws and regulations applicable to U.S. operations
Monitor legal and regulatory developments of regulations and interpreting new regulatory requirements for other stakeholders in the firm
Participate in implementation or remediation projects related to new or amended bank regulations
Draft responses to letter or inquiries from banking regulators
Profile
~ JD from top US Law School
~ Admitted to NY State Bar
~6-10 years of experience working at a law firm, in-house at financial services institution, and/or regulatory agency
~ Relevant experience in dealing with a broad range of regulatory issues in the banking industry, preferably foreign banking organizations
~ Strong knowledge of the International Banking Act, the Bank Holding Company Act, the Federal Reserve Act, the National Bank Act, the Riegle Neal Act, the Gramm Leach Bliley Act, the Dodd Frank Act and New York State Banking Law. Mastery of Federal and New York State bank regulations, with particular expertise in Regulations K, W, Y and YY
~ Experience in counseling/advising business teams
Job Offer
Competitive base salary
Bonus
LTI plan
Additional benefits
Hybrid schedule
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law.
MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.