SVP, Credit Administration & Retail Assistant General Counsel, Legal (Downtown

Salary Range:

(Depending on knowledge, skills, abilities and location. Certain level jobs may be eligible for bonus, commission, and/or equity awards.)

Benefits worth writing home about:

• Medical, dental, and vision coverage for employees and their families
• Life, disability and family Leave
• 401(k) and Roth 401(k) with employer match
• Wellness program, employee assistance program, "Commute Trip Reduction" (CTR) and various employee discounts
• Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work
• Free employee checking account and employee home loan discounts

EO/AA Employer including Vets and Disabled.

Qualified applicants with arrest and conviction records will be considered in accordance with legal requirements.

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Job Description Summary

Job Details

Primary Functions:

• This position will provide legal support for the credit risk management function of the Bank, from loan origination through collection and/or management and disposition of problem credits and problem assets ("special assets) and real estate owned ("REO").
• This position will provide legal support for and advise with respect Retail Banking, Residential Construction, Private Banking, Cash Management, BSA/SARs etc.
• This position will help develop and maintain legal procedures, processes, and documentation (including the development of form documents where appropriate) to ensure that there is appropriate, timely, and cost effective legal input into credit risk management, lending, and servicing.
• Directly or through oversight of and in conjunction with outside counsel, this position will:
  • Advise on operational issues arising in the supported business units;
  • Review and analyze loan documentation on problem loans and advise credit administration staff on the legal aspects of strategic options relative to the borrower, the collateral, and other sources of repayment, including guarantor rights, priorities and the ability to collect on deficiencies;
  • Advise the Bank in connection with workout negotiations with borrowers;
  • Assess and advise the Bank of its legal rights and obligations in connection with relationships with participant lenders;
• Assist with corporate and legal due diligence, analysis of legal aspects of proposed transactions and drafting and negotiation of transaction documents for merger and acquisition transactions and provide project management assistance;
• Draft board and other committee resolutions;
• Review board and committee charters and policies and recommend changes as necessary;
• Coordinate escheatment of old shares and other escheatable assets with various state agencies and transfer agent;
• Assist with bank regulatory filings and applications;
• Assist the HR Department and participate in internal investigations and other HR matters;
• Assist the Legal Department with documenting and tracking of equity for all shareholders; and
  • Provide legal support and advice in connection with the process of acquiring, managing and disposing of REO.
• This position will monitor and manage outside counsel relationships (in its area of responsibility) and fees to ensure that the Company and the Bank are receiving cost effective and high quality service from outside counsel resources.
• This position will also provide support for marketing, corporate insurance, vendor management and oversight of outside Intellectual Property counsel.

Qualifications:

• A minimum of 15 years relevant legal experience in private practice and/or as in-house counsel for Assistant General Counsel, including a minimum of 10 years relevant legal experience in Loan Originations, Credit Administration and Retail Banking.
• Hands on and "first chair" experience in providing legal support and advice to financial institutions in connection with the essential functions outlined above, in the context of consumer and commercial real estate loans and business loans, including complex real estate development and construction loans.
• Current and in-depth knowledge of statutes, regulations, and case law applicable to the essential functions of this position.
• Licensed to practice law in the state of Washington required. Licensed to practice law in other states in which the Company and the Bank do business also preferred, including Oregon, California, and Hawaii.
• In addition to the above, this position requires the attorney to:
  • Be a self-starter, with initiative and self-motivation to identify and take charge of issues as they arise.
  • Have the ability to work effectively and efficiently under pressure and meet deadlines, while maintaining customer service focus and positive attitude. This requires excellent organizational and multi-tasking skills, including ability to juggle and prioritize competing demands and responsibilities, and ability to simultaneously manage many projects, ranging from small to large, and simple to complex.
  • Have unquestionable integrity and demonstrated ability to maintain confidentiality in handling sensitive and confidential information.
  • Combine high quality legal advice with a strong dose of common sense and an understanding of business realities and practicalities.
  • Have both the ability and desire to work with others in a teamwork environment and the ability and desire to work independently as appropriate to the particular project.
  • Have excellent communication skills, including listening, speaking and writing, and ability to effectively translate and communicate legal principles into understandable and practical terms. This may include training or educational sessions for Bank management and staff.

Mental and Physical Considerations:

• Able to operate a Personal Computer and view information on a monitor.
• Must be able to sit for many hours each day.
• Must be able to communicate via telephone and possess dexterity to include filing documents, reaching and bending.
• May be required to stand for extended periods of time.
• Ability to lift or carry up to 10 pounds.
• Ability to speak and understand English and express ideas and have difficult conversations in person and over the telephone.
• Ability to listen and comprehend speech.
• Ability to problem solve, make decisions, interpret data and information, read, write and organize information in an orderly manner.
• Willing and able to travel occasionally as needed.

Work Environment:

• Normal business office environment.
• Ability to work in artificial light for extended periods of time.

This Position Description may not be limited to the Functions and Requirements as outlined, now or in the future. For example, changes in corporate needs, position demands, or individual performance may result in changes to the Functions or Requirements of this position.

Area

If you are a California resident, you may be entitled to certain rights regarding your personal information. Additional information about our data collection practices and location specific notices is available on our