Associate General Counsel, SVP
Did you know? There has never been a better time to join Flagstar Bank! On March 20, 2023, Flagstar Bank, N.
A, the wholly owned subsidiary of New York Community Bancorp Inc.
, acquired substantially all of the deposits and certain loan portfolios of Signature Bridge Bank, N.
A.
, which now operates as Flagstar.
With this transaction, Flagstar is now one of the largest commercial banks in the country, with a fortress-like balance sheet, strong liquidity, and excellent asset quality metrics.
The regulatory approval of the acquisition clearly reflects the strength of the combined institution.
Our clients continue to be serviced by their Private Client Group in the same client-centric single-point-of-contact strategy that Signature Bank was known for over the last two decades.
Our employees remain a critical foundation of our organization, with enhanced opportunities for career development, while participating in top-tier benefits plans.
Apply today for immediate consideration below! What you should know about our Associate General Counsel role - A senior managing attorney to serve as a member of Flagstar Bank's Legal Department as Associate General Counsel.
The Associate General Counsel will be responsible for the management of the legal affairs of Flagstar Bank's Private & Commercial Business, including oversight over the provision of legal support and advice provided by subordinate attorneys.
In this role, your primary responsibilities will include:
Manages legal transactional work, including the review, negotiation and drafting of various documentation, including those related to deposit banking, lending, and general corporate matters (ability to be specialized in role:
e.
g.
, focused solely on legal advice and transactional work for lending).
Accountable for the completion of assigned deliverables for certain groups/departments.
Uses advanced understanding and experience to make complex judgments on largest matters.
Oversees legal advice and counsel on large, complex, or important lines of business, transactions, and/or relationships.
Uses broad knowledge across multiple areas and business lines to provide strategic legal advice to Bank's Board, executive/senior management groups, as well as other directors/managers.
Supervises lawyers in the department on transactions, advisory, and strategic assignments.
Assists with development of department lawyers and staff.
Helps identify short-and long-term department staffing needs and development.
Manages enterprise-level relationships with external law firms.
Engages external counsel as necessary and assists with oversight of active engagements.
Independent approval authority of legal invoices/expenses incurred on behalf of the Bank and its subsidiaries.
Develops legal policies/procedures for Bank and its subsdiaries.
Manages firm's standard legal documentation and procedures.
Maintains relationships with internal colleagues in other departments/disciplines to proactively address issues.
To be successful, your background should match these
Qualifications:
Minimum of 8-15 years of relevant legal experience practicing at a law firm and/or in-house legal department at a commercial bank or other equivalent financial services company.
Must be licensed to practice law in the State of New York Comprehensive understanding of the overall firm and competitive environment.
Knowledge of the legal and regulatory requirements for commercial banks, including relevant US and NY banking laws.
Excellent verbal and written communication skills.
Excellent drafting skills.
Ability to exercise good judgment and decision-making skills under pressure.
Ability to work independently, meet deadlines, and multitask in a fast-paced environment.
Hard working, organized, and able to work well as a member of a team.
Compensation:
Flagstar Bank offers a base salary in this position with a range of $200,000-$250,000, dependent on qualifications and experience.
For those candidates applying to locations in San Francisco:
Flagstar Bank will consider for employment qualified applicants with criminal histories consistent with San Francisco Fair Chance Ordinance and federal laws applicable to Flagstar Bank.
View available Careers with Signature at www.
signatureny.
com/careers We are an Equal Opportunity Employer.
Recommended Skills Commercial Banking Communication Consulting Decision Making Finance Hardworking And Dedicated Estimated Salary: $20 to $28 per hour based on qualifications.
A, the wholly owned subsidiary of New York Community Bancorp Inc.
, acquired substantially all of the deposits and certain loan portfolios of Signature Bridge Bank, N.
A.
, which now operates as Flagstar.
With this transaction, Flagstar is now one of the largest commercial banks in the country, with a fortress-like balance sheet, strong liquidity, and excellent asset quality metrics.
The regulatory approval of the acquisition clearly reflects the strength of the combined institution.
Our clients continue to be serviced by their Private Client Group in the same client-centric single-point-of-contact strategy that Signature Bank was known for over the last two decades.
Our employees remain a critical foundation of our organization, with enhanced opportunities for career development, while participating in top-tier benefits plans.
Apply today for immediate consideration below! What you should know about our Associate General Counsel role - A senior managing attorney to serve as a member of Flagstar Bank's Legal Department as Associate General Counsel.
The Associate General Counsel will be responsible for the management of the legal affairs of Flagstar Bank's Private & Commercial Business, including oversight over the provision of legal support and advice provided by subordinate attorneys.
In this role, your primary responsibilities will include:
Manages legal transactional work, including the review, negotiation and drafting of various documentation, including those related to deposit banking, lending, and general corporate matters (ability to be specialized in role:
e.
g.
, focused solely on legal advice and transactional work for lending).
Accountable for the completion of assigned deliverables for certain groups/departments.
Uses advanced understanding and experience to make complex judgments on largest matters.
Oversees legal advice and counsel on large, complex, or important lines of business, transactions, and/or relationships.
Uses broad knowledge across multiple areas and business lines to provide strategic legal advice to Bank's Board, executive/senior management groups, as well as other directors/managers.
Supervises lawyers in the department on transactions, advisory, and strategic assignments.
Assists with development of department lawyers and staff.
Helps identify short-and long-term department staffing needs and development.
Manages enterprise-level relationships with external law firms.
Engages external counsel as necessary and assists with oversight of active engagements.
Independent approval authority of legal invoices/expenses incurred on behalf of the Bank and its subsidiaries.
Develops legal policies/procedures for Bank and its subsdiaries.
Manages firm's standard legal documentation and procedures.
Maintains relationships with internal colleagues in other departments/disciplines to proactively address issues.
To be successful, your background should match these
Qualifications:
Minimum of 8-15 years of relevant legal experience practicing at a law firm and/or in-house legal department at a commercial bank or other equivalent financial services company.
Must be licensed to practice law in the State of New York Comprehensive understanding of the overall firm and competitive environment.
Knowledge of the legal and regulatory requirements for commercial banks, including relevant US and NY banking laws.
Excellent verbal and written communication skills.
Excellent drafting skills.
Ability to exercise good judgment and decision-making skills under pressure.
Ability to work independently, meet deadlines, and multitask in a fast-paced environment.
Hard working, organized, and able to work well as a member of a team.
Compensation:
Flagstar Bank offers a base salary in this position with a range of $200,000-$250,000, dependent on qualifications and experience.
For those candidates applying to locations in San Francisco:
Flagstar Bank will consider for employment qualified applicants with criminal histories consistent with San Francisco Fair Chance Ordinance and federal laws applicable to Flagstar Bank.
View available Careers with Signature at www.
signatureny.
com/careers We are an Equal Opportunity Employer.
Recommended Skills Commercial Banking Communication Consulting Decision Making Finance Hardworking And Dedicated Estimated Salary: $20 to $28 per hour based on qualifications.
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