What are the responsibilities and job description for the Associate General Counsel position at Academy Bank?
Summary
Reporting directly to the Chief Legal Officer/General Counsel, the Associate General Counsel is responsible for (i) managing, overseeing and coordinating all legal matters in certain areas of the Company and (ii) oversight and coordination of workflow and day-to-day operations of the Legal Department and its staff for Dickinson Financial Corporation and its subsidiaries and affiliate banks (collectively, the Company).
Reporting directly to the Company Chief Credit Officer (CCO) regarding the Company’s efforts to resolve and reduce special assets / problem credits and the management and sale of OREO.
Principal Accountabilities To General Counsel/Chief Legal Officer
Special Assets Group
Reporting directly to the Chief Legal Officer/General Counsel, the Associate General Counsel is responsible for (i) managing, overseeing and coordinating all legal matters in certain areas of the Company and (ii) oversight and coordination of workflow and day-to-day operations of the Legal Department and its staff for Dickinson Financial Corporation and its subsidiaries and affiliate banks (collectively, the Company).
Reporting directly to the Company Chief Credit Officer (CCO) regarding the Company’s efforts to resolve and reduce special assets / problem credits and the management and sale of OREO.
Principal Accountabilities To General Counsel/Chief Legal Officer
- Ensures that the Legal Department delivers timely, high quality, value added legal advice and/or work product to all business units and operating/support functions on a broad spectrum of matters, including:
- Handles coordination off all litigation matters for the Company, including: all SAG-related issues, collection matters, foreclosures, human resources, deposit operations, pursuit of guarantors, etc.
- Provides counsel to EMC, ECC and others as necessary on litigation-related matters.
- Extensive travel for litigation matters involving the company or its employees. Litigation (including engagement and management or all outside counsel).
- Appearances on behalf of the Company at mediations, trials and court hearings.
- Draft and/or approve all pleadings filed in any litigation matters.
- Manage the Company response to all court, law enforcement or other formal requests for information (warrants, criminal and civil subpoenas) regarding the Company or its depositors or customers; and
- Represents the Company in by appearance at mediations, depositions, court hearings and provides testimony when necessary.
- Possesses working knowledge of Fintech/BaaS relationships and requirements;
- Draft or assist in drafting documents related to fintech partnerships, including program agreements, deposit account agreements and other disclosures for Fintech partnerships.
- Assist with vetting and analysis of potential fintech partners
- Review and edit agreements with various third party vendors, including software and service providers that also provide support to fintech relationships
- Coordinate with risk and support groups for ongoing fintech program maintenance.
- Advise on regulatory and other legal risks associated with any proposed or existing fintech partnership
- Makes decisions together with Director of Human Resources or Chief People Officer regarding proper action resulting from all associate investigations conducted by Legal/HR.
- Collaborate with the Director of Human Resources to manage associate discipline, enforce Company policy regarding zero tolerance for incidences of sexual harassment or race or other illegal discrimination, prepare necessary legal documents for severance or other associate separation from employment, and the enforcement of other Company employment policies.
- Consults regarding proper discipline for any associate in any level of management.
- Drafts and reviews drafts of significant HR/Legal joint matters such as deferred compensation plans, regulatory investigations, incentive compensation plans, and certain regulatory filings related to benefits (e.g. ACA).
- Engages and manages outside counsel, when necessary, on all HR and benefit matters.
- Assists in the drafting of Company guidance materials such as the Associate
- General oversight of Closing Department (or oversight of Staff Counsel) for closing of commercial loans.
- Draft or assist in drafting complex commercial loan documents for internally documented transactions.
- Provide review and management of outside counsel relationships who handle loan transactions on behalf of the Company.
- Determine the appropriate balance between in-house and contracted legal services and manage outside legal fees for all SAG, HR, general corporate, and litigation matters.
- Stay abreast of regulatory changes and developments affecting the financial industry
- Coordinate the hiring and supervision of outside counsel for all SAG credits, general and HR litigation and other selected engagements and provide to them the strategic vision and tactical direction on these legal engagements.
- Provides counsel to Deposit Operations, IT, Mortgage Lending, Credit Administration, Marketing, Information Security, and Compliance Departments on wide range of matters and documents.
- Involvement as necessary in development and/or review of BVS training.
- Involvement as necessary in legal aspects of new product development.
- Interpretation and enforcement of internal policies and procedures.
- Serves as a member of various high-level committees.
- Conducts legal research and due diligence.
- Process Improvements/Cross-Functional Projects; and
- Involvement as necessary regarding legal aspects of complaints in all areas of deposit operations, including complaints from the clients, OCC, BBB, other state and federal regulatory agencies.
- Understands, embodies, communicates, and instills corporate initiatives and vision, including the six Pillars of Success.
- Maintains client information in complete confidence.
- Completes other specified duties as assigned.
- Regular attendance required, working at the assigned worksite, or assigned remote location during regular business hours and/or assigned hours.
- Direct oversight of other internal legal counsel, paralegal and legal assistant.
- Develop and hone the professional skills and manage the workflow of less senior lawyers, paralegals and professional staff.
- Responsibility for the formation and performance of Legal Department Business Unit Initiatives.
- Responsibility for certain aspects of the Legal Department budget including preparation and deliver necessary job performance evaluations and salary administration decisions to legal department associates and Bank Security associates.
- Responsibility for development and satisfactory performance of Legal Department Key Performance Indicators.
- Other duties and projects as assigned by General Counsel/Chief Legal Officer.
Special Assets Group
- Work cooperatively with the CCO and other members of the Company’s Executive Leadership Team to develop effective internal controls to manage the levels of problem loans.
- Manage the Special Assets Group, including staffing, processes, and technology.
- Assess each of the Company’s special credits and develop well-conceived and effective workout or liquidation plans.
- Work with the CCO to approve selected strategies before negotiations are commenced with borrower.
- Lead the disposition process for the sale of non-performing notes, other assets, and OREO.
- Review monthly delinquency reports, non-accrual reports, and coming due reports to assist CCO and loan officers in detecting early warning signs of potential problem credits.
- Review and revise existing policies, procedures and approval authorities relating to the problem loan workout function, as necessary.
SALES ASSOCIATE
Dollar General -
PECULIAR, MO
SALES ASSOCIATE
Dollar General -
LANCASTER, MO
SALES ASSOCIATE
Dollar General -
ROCK PORT, MO
