General Counsel

The General Counsel provides expert and strategic legal advice on any legal, regulatory or compliance matter and acts as the primary in-house legal advisor for the Credit Union. This position has overall responsibility for the legal and compliance departments.

Essential Functions and Responsibilities

Serves as a member of the Senior Management team (SMT) to direct overall legal and compliance operations of the Credit Union through active participation with Senior Management and Board of Directors.
Directly oversees the activities of the Credit Union’s legal function representing the Credit Union in certain litigation including collection and other types of contractual or consumer disputes and provides advice and counsel to senior management and the Board of Directors on any legal matters impacting the Credit Union.
Directs activities of the Compliance Officer and the Credit Union’s compliance program.   Reviews and revises existing programs, products, policies and procedures as necessitated by regulatory changes, internal audits and regulatory examinations. Educates the Credit Union staff regarding regulations by providing personal consultation, training and maintaining compliance resources.
Serves as general counsel on all legal issues including but not limited to reviewing all significant Credit Union contracts and organizational policies and procedures in order to protect the Credit Union’s best interests.
Advises and renders opinions to senior management with respect to legal implications involved in establishing or changing company policy.
Acts as a liaison between the Board of Directors/management and NCUA by obtaining written opinions and responding to proposed regulatory changes.
Works with representatives from various departments on developing and modifying practices and procedures to conform to legal requirements.
Participates in the development of new/revised products and promotions to ensure compliance with applicable regulations, including developing necessary disclosures and documents.
Conducts extensive research and fully evaluates all regulatory changes for implications to the Credit Union and proposes implementation plans to the Chief Operations Officer.
Serves as a non-voting member of the Member Business Lending Committee and participates in the loan decision process for large commercial loans.
Serves on the information security, business continuity, vendor management and risk management committees providing legal, compliance and business advice to each.
Stays informed on legislation affecting various company operations.
Participates in developing the Credit Union’s Annual Business Plan and Budget.
Develops an annual operating budget for all managed departments which is consistent with corporate Business Plan goals and objectives and recommends staffing requirements.
Participates in the annual performance review process, including writing and delivering reviews.
Actively promotes the mission of the Credit Union within the organization and throughout the communities served by the Credit Union.
 

Other Duties and Responsibilities

 Assists with other tasks and projects as assigned.
 

Knowledge, Skills, and Abilities

Must have ability to provide meaningful interpretation of laws, rules and regulations to all  levels of the Credit Union
Must be able to research applicable regulations and provide in-depth analysis of their impact on the Credit Union
Must have a strong business sense and the ability to evaluate processes and develop workable solutions to issues
Must have strong working knowledge of physical security and safety programs and fraud investigation and loss prevention theory and practice
Must have strong project management skills
Must have excellent communication skills in English, both verbal and written
Must have strong PC skills, with intermediate knowledge on Microsoft Excel, Word, and Outlook
Must have superior interpersonal skills; ability to get along with diverse personalities; tactful, mature, flexible, compassionate
Must have the ability to make recommendations to effectively resolve problems or issues, by using judgment that is consistent with standards, practices, policies, procedures, regulation, or government law
Must be able to make high-level decisions in an ambiguous environment
Must be able to work under pressure of time deadlines
Must have ability to read and absorb numerous business-related publications and industry data
Must be able to motivate employees and build effective teams
Must be resourceful and well organized, with strong attention to detail
Must have the ability to research and analyze various type of data information
Must be flexible and able to shift resources and priorities as required
Must be able to work in a general office environment
Should possess a strong commitment to providing excellent service to Truliant’s members
 

Physical Requirements

Occasional standing, walking, bending, and stooping required
Must be able to sit at a desk for long periods of time and use a computer
Must be able to moderately lift or move up to 5 pounds and occasionally lift or move up to 10 pounds
Occasional travel required
 

Education and Background

Bachelor's degree, Juris Doctor, and license to practice law in at least one state are required; MBA Preferred
Minimum of 7 years management experience, 3 years of which in a senior management role
Minimum of 5 years’ experience in financial institution legal and regulatory matters required
Minimum of 5 years’ experience with UCC, contract, and real estate law with knowledge of bankruptcy and employment law required