Responsibilities include but are not limited to:
- Advise and assist on development of consumer banking deposit and loan products and payment services over the entire life cycle from ideation to launch, including advice on marketing, disclosures, product terms and conditions, federal and state legal and regulatory standards, compliance management, operational implementation, and business impact.
- Provide expert legal advice on laws, regulations, and standards that are applicable to consumer deposit and loan products and services, including the Truth in Savings Act, Expedited Funds Availability Act, Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act, Electronic Funds Transfer Act, Fair Credit Reporting Act, Gramm-Leach Bliley Act and Unfair, Deceptive and Abusive Acts and Practices Act (UDAAP).
- Collaborate with internal partners from across the Bank to assess the legal, regulatory and reputational risks associated with consumer banking deposit and loan products and services and develop approaches for managing such risks.
- Assist internal partners in the evaluation and development of appropriate consumer banking policies and practices that conform to legal and regulatory standards.
- Provide legal advice and support, and perform a wide variety of other tasks, as assigned to help the Bank protect its business, commercial, and reputational interests.