Assistant General Counsel - Third Party Risk Management
Job description
JOB SUMMARY
The Assistant General Counsel
- Third Party Risk Management, is the Bank's primary legal counsel for the drafting and negotiation of vendor agreements and leads the Bank's Contracts Administration Team. This attorney will work with the Bank's procurement, third party risk management and project management departments and other business lines on drafting, reviewing and negotiating technology services agreements and a variety of other services and vendor agreements involving the Bank's interests or the interests of its customers. Additionally, this attorney will lead the Bank's Contracts Administration Team, which oversees the Bank's contract lifecycle management processes and procedures.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Drafts, reviews, and negotiates contracts, agreements, and other instruments related to commercial and strategic transactions involving the Bank and its subsidiaries, including contracts for technology services and related SOWs and SLAs. Manages and oversees the Bank's Contracts Administration Team, including contract lifecycle management processes and procedures.
Oversees the implementation and use of new contract technologies, including CLM systems and AI tools for contract drafting, review, and negotiation. Provides advice and counsel to the Procurement and Third-Party Risk Management departments, as well as other business units, regarding commercial transactions and agreements involving the Bank and its subsidiaries, and the management of the Bank's legal rights and obligations related thereto.
Assists the internal legal team in identifying, mitigating, and protecting the Bank against legal risks. Assists the internal legal team with corporate, legal, and regulatory matters affecting the Bank and its subsidiaries, including, but not limited to, general contracts, third-party agreements, vendor-supplier relationships, management of external counsel, litigation and dispute management, industry-related compliance issues, and intellectual property matters.
Maintains expertise in industry-related legal, governance, compliance, and regulatory issues, and helps ensure that all organizational activities are conducted in compliance with applicable local, state, and federal laws and regulations governing the business, operations, and activities of Bank. United and its subsidiaries.
Participates in the development and implementation of policies and procedures that are consistent with the objectives established by Bank. United's Board of Directors and senior management. Drafts key legal documents, provides clear recommendations, and ensures legal and regulatory compliance. Remains informed of legislation, regulations, and other developments affecting the operations and interests of the Bank and its subsidiaries.
Attends and actively contributes to various meetings. Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.) Adheres to Bank policies and procedures and completes required training. Identifies and reports suspicious activity.
SUPERVISORY RESPONSIBILITIES Supervises function, projects or services and/or one or more employees, as applicable. Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
Responsibilities include
interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance coaching; rewarding and disciplining employees; addressing complaints and resolving problems.
QUALIFICATIONS
Education
Must be a graduate of an accredited law school, be admitted to and in good standing with the bar of a US state. Experience At least 5 - 7 years of experience as a practicing transactional attorney with a top law firm and/or the in-house legal department of a large business with multistate operations Licenses and Certifications Admitted to and in good standing with the bar of a US state Knowledge, Skills, and Abilities Implementation and use of Contract Lifecycle Management systems Implementation and use of AI-enable tools for contract drafting and review Additional Information Candidates residing in locations within Bank.
United's footprint may be given preference. #Go. For. More
Description copied from BankUnited's careers page. Read the full posting before you apply.
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