Regulatory Attorney

Position:                            Regulatory Attorney

Department:                      Legal/Corporate Secretary

Employment Status:         Full Time, Exempt

Office Location:                Midtown, NYC / Florida

Job Summary:

Emigrant Bank is one of the largest privately owned banks in the United States and is located in mid-town Manhattan near Grand Central Terminal. The Emigrant Bank Legal department is searching for a versatile, well-rounded Regulatory Attorney, with at least several years of law firm and/or in-house experience.  Experience at a banking regulator is a plus.

Job Specific Responsibilities and Duties:

• Attorney will be responsible for providing practical legal advice and counsel on a wide range of bank regulatory matters, including as it relates to Regulation W, Regulation O, agreements and relationships with FinTechs, Banking as a Service, permissible activities and investments, corporate governance, intercompany arrangements, financing agreements, shareholder and partnership agreements, joint ventures, and commercial contracts.
• Prepare and file regulatory applications and notices with Federal Reserve, the FDIC, the FL Office of Financial Regulation and the NYS Department of Financial Supervision, and other regulatory bodies and governmental agencies as may be required from time to time.
• Attend meetings with bank regulators and management; provide appropriate advice to management as needed.
• Conduct/coordinate research with respect to a variety of legal and regulatory issues under the banking laws and regulations of, or related to, the Federal Reserve, the FDIC, the FL Office of Financial Regulation and the NYS Department of Financial Supervision, and other regulatory bodies and governmental agencies as may be required from time to time.
• Collaborate with management to devise efficient regulatory structures and strategies.
• Research and evaluate regulatory risk factors regarding business decisions and operations.
• Apply effective regulatory risk management techniques and offer proactive advice on possible legal issues.
• Communicate and negotiate with external parties (regulators, external counsel, public authority etc.), creating relationships of trust.
• Draft and negotiate agreements and other legal documents to ensure the bank’s full legal rights.
• Advise on complex matters with multiple stakeholders.
• Maintain current knowledge of alterations in legislation and regulations.

Qualifications:

• J.D. with superior academic credentials
• Member in good standing of the Florida and/or New York State Bar
• Excellent knowledge and understanding of banking law and regulations
• Six years or more of applicable experience (experience at a regulator is a plus)
• Excellent drafting skills and familiarity with corporate and financing transactional documents
• Demonstrated ability to create proactive legal and regulatory strategies
• High degree of professional ethics and integrity
• Sound judgement and ability to analyze situations and information
• Ability to efficiently multi-task in a demanding work environment
• Excellent analytical, communication, interpersonal and organizational skills
• Motivated self-starter capable of working independently and in a team

The job description outlined above is considered a core list of job duties/requirements.  This document should not be considered a complete or comprehensive list.  The incumbent assigned to this position is required to perform the duties listed above.  The incumbent is also expected to adapt to changes and/or additions as needed.  Nothing contained within this document is intended or shall be construed to create or constitute a contract of employment between any employee or group of employees and Emigrant Bank and its subsidiaries and/or affiliates.  Emigrant Bank and its subsidiaries and/or affiliates retains and reserves any and all rights to change, modify, amend, add to or delete from any section of this document as it deems, in its judgment, to be proper.