Senior Counsel
SENIOR COUNSEL
WHAT IS THE OPPORTUNITY?
Senior Counsel will provide U.S. bank regulatory legal advice to City National Bank, a national banking association and its subsidiaries and affiliates. Candidate must have substantial experience advising national banks and bank holding companies on regulations promulgated by the FRB, OCC and FDIC, including with regard to heightened standards for large financial institutions, enhanced prudential standards, capital planning, Dodd-Frank, the Volcker Rule, inter-affiliate transactions, insider transactions and derivatives transactions. Significant expertise in assigned area of focus is essential as is the ability to work and communicate effectively with management and colleagues at multiple levels.
Legal and Corporate Administration Group
Make a meaningful difference as a member of City National's Legal & Corporate Administration Group, the area of the bank that manages legal and corporate governance, community reinvestment, corporate premises and corporate security.
WHAT WILL YOU DO?
- Provide transactional and regulatory compliance counsel to the Bank, its subsidiaries and affiliates with respect to regulations promulgated by the FRB, OCC and FDIC, including with regard to heightened standards for large financial institutions, enhanced prudential standards, capital planning, Dodd-Frank, the Volcker Rule, inter-affiliate transactions, insider transactions and derivatives transactions.
- Participate in legal evaluation of new business initiatives, strategic transactions, venture investments, corporate reorganizations, and programmatic compliance efforts. Prepare and file regulatory notices and applications in connection with new activities.
- Advise the Bank's risk and compliance groups on regulatory matters, remediation efforts, regulatory guidance and documentation. Review policies and procedures, regulatory communications and responses to regulators and training materials to ensure regulatory compliance.
- Advise on issues relating to risk governance, including support for risk committee of the Board of Directors.
- Collaborate with internal and external counsel and cross-functional teams, including finance, tax, accounting, and compliance/risk to manage transactional matters and initiatives and develop policies and procedures.
- Assist with special projects, including compliance and regulatory law matters.
- Handle other projects at the direction of the supervising counsel
WHAT DO YOU NEED TO SUCCEED
Must-Have*
- JD (Juris Doctor) and admission to the California State Bar (or eligibility to register as an in-house counsel in California)
- Minimum 10 years of experience with a major law firm supporting financial services clients, or with an in-house legal department for a financial institution, or with a financial services regulatory agency
- Minimum 5 years of experience supporting national banking association and bank holding company on compliance with regulations promulgated by the OCC, FRB and FDIC.
Skills and Knowledge
- Ability to work and communicate effectively with management and staff at multiple levels.
- Experience in analyzing, interpreting and communicating legal strategies and requirements to internal clients and in translating both basic and complex legal requirements into written materials and oral presentations.
- Proven leadership with initiative and problem solving abilities.
- Must be able to work independently, performing a variety of tasks in a team environment.
- Excellent interpersonal, verbal and written communication skills.
- Strong presentation and documentation skills.
*To be considered for this position you must meet at least these basic qualifications
The 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.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City 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 NATIONAL
We 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.
City National Bank requires all colleagues to be fully vaccinated against COVID-19 to work on-site at any of our locations.
