Job description
Make banking a Fifth Third better®
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
Job Description Summary
This position provides legal support for Fifth Third Bank’s Treasury Management and Commercial Payments business units with respect to a range of products and services provided to commercial customers and consumer customers to help them meet their payments needs. The attorney will collaborate with Sales, and Operations teams, as well as marketing and other partners, with a key focus on helping them achieve their business objectives with an appropriate risk/reward balance.
GENERAL FUNCTION:
The Senior Counsel will manage and advise on a variety of consumer and commercial payments products:
Subject matter expert in Commercial Banking and Payments, with emphasis on card issuing.
Regularly advise and counsel business clients on product specific laws and regulations, compliance, operational, and reputational risk issues emanating from Financial Services and the Payments Industry; and, in all matters which are regulated by the Office of the Comptroller of the Currency, Federal Reserve Board, and, Consumer Financial Protection Bureau.
Experience as a practicing attorney in financial services or supporting treasury or cash management business is highly desired; government or other contract negotiation; drafting product and service terms and conditions.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Provide legal guidance and counsel to specific department, division, line of business, etc. Works with representatives from various departments on developing /modifying policies and procedures where necessary. Perform all necessary legal research for area of responsibility.
Receive complaints and distribute them to either in-house counsel or assign cases to appropriate outside counsel. Coordinate litigation list input and status updates. Acts as a liaison with outside law firms.
Maintain an up to date awareness of all new and changing laws and legislation to protect the Bancorp from potential litigation.
Assist in the negotiation and closing of acquisition and disposition transactions.
Allocates and reviews work, provides training, works with staff to set and achieve objectives, and guides and advises subordinates for individual development.
Responsible for reviewing related contracts for various areas of the bank.
Proactive surveillance of regulatory changes to the environment.
Oversee and approve regulatory inventory.
Ongoing guidance of the Interpretation for regulatory requirements and impacted changes.
MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Minimum 3-5 years experience preferred.
J.D. required.
Admission to a state bar.
Excellent interpersonal, negotiation, verbal and written communication and presentation skills.
Problem resolution and analytical skills and the ability to interact well with all organizational levels.
Previous leadership experience preferred or equivalent mentorship/management of project work.
Exposure to senior professionals, executive presence needed.
Senior Counsel – Treasury Management/Payments
LOCATION - Cincinnati, Ohio 45202
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
gatheringourvoice.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, gatheringourvoice.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, gatheringourvoice.org is the ideal place to find your next job.