Senior Counsel​/Associate General Counsel

Overview

COMPANY

DESCRIPTION:

Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.

COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION: We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.

Job Summary: The Senior Counsel/Associate General Counsel is responsible for providing analysis and counsel for a wide range of legal matters, including advising on pre-litigation disputes, litigation, and consumer regulatory matters, as well as anticipating and guarding against legal risks facing the Bank.

• Interact with and correspond with external parties, including regulators
• Oversee strategy and manage outside counsel in handling litigation, routine subpoenas, and government subpoenas and investigations
• Work with Deputy General Counsel and other members of the Legal team to provide risk assessments and form appropriate litigation strategy
• Maintain legal files and litigation summaries
• Analyze and respond to various legal correspondence, including attorney demand letters
• Manage escalated consumer complaint responses
• Collaborate cross-functionally with Compliance/Licensing, Operations, Servicing, and other groups to advise on federal and state consumer regulatory compliance, including state and federal privacy law
• Present on compliance, legal, and complaint matters, as requested
• Ensure timely identification, mitigation, and resolution of existing and emerging legal issues and risks, and escalating appropriate issues as needed
• Support the continuous improvement of the Company's legal processes
• Keep informed of industry-specific regulations to ensure that appropriate risk management strategies are in place
• Assist with NDAs, service level agreements, and other types of commercial agreements
• Perform other duties as assigned

• Juris Doctor (JD) Degree; membership in good standing in a state bar association required
• Minimum of 6-8 years of experience practicing litigation
• Minimum of 2 years working in (or with) the financial services and/or tech industries
• Deep understanding of consumer regulatory issues as they relate to consumer lending or servicing required
• Proven experience with defending companies in consumer litigation, as well as pre-litigation disputes
• Experience practicing in-house as a financial services regulatory lawyer, with specific experience in consumer lending, and a strong understanding of how to apply and navigate the state and federal regulations around financial services and technology preferred
• Experience reviewing and negotiating NDAs, service level agreements, licensing agreements, partnership agreements and/or other types of commercial agreements preferred
• Experience working in the Solar or Home Improvement space preferred
• Experience with state and federal privacy laws and regulations preferred
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
• Excellent verbal, written, and interpersonal communication skills
• Strong organizational skills and attention to detail
• Outstanding problem-solving and time management skills
• Self-mo…