Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, an Assistant General Counsel will have the opportunity to provide legal advice and guidance to clients and colleagues on a wide variety of legal issues. The Legal Department is focused on attracting, retaining, and developing great people in an inclusive environment where each person is valued for the distinct skills and attributes they bring to the team. The Legal Department is currently pursuing the Mansfield certification. Please see additional information regarding this position listed below skills/competencies.
Primary Responsibilities
Partners with business units and senior leaders to provide practical legal advice on issues related to complex business and banking matters
Provides strategic, pragmatic, and trusted legal advice to business units
Advises management as to the interpretation of laws and regulations and on new and recent changes in laws and regulations that affect the Bank
Monitors and remains up to date on emerging legislative developments that may affect the Bank
Participates in line of business-initiated projects such as drafting policies and procedures on new regulations and amendments or new interpretations of existing regulations
Provides seasoned assessment of legal risk when business decisions are made, demonstrating particular consideration for the Bank's reputation as well as our clients and assets
Provides advanced legal counsel on a wide range of legal issues and works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors
Develops relationships based on trust across the organization; grows internal and external networks
May work with outside counsel on legal issues impacting the Bank
May lead and manage other Assistant General Counsel, specialists and/or paralegal staff
May provide assistance with training bankers, associates, operational staff and customer support staff on legal issues
This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
This position is incentive eligible.
Requirements
Law Degree
Licensed in good standing to practice law in at least one jurisdiction
Eight (8) years of legal experience at a regulatory agency, in the financial services industry, or at a law firm with strong knowledge of bank regulations or other relevant practical legal experience
Skills and Competencies
Ability to build strong partnerships with business colleagues in order to drive results
Ability to manage a high-volume workload and reach prompt, pragmatic decisions
Ability to tactfully navigate complex discussions
Ability to work in a collaborative environment with multiple stakeholders to include senior management
Advanced analytical, research, decision-making and problem-solving skills combined with effective time management and project management/planning skills
Demonstrated ability to assimilate and analyze facts and present complex issues in a clear and concise manner and provide succinct results-oriented legal advice
Demonstrated ability to comfortably operate in a constantly changing environment
Demonstrated ability to lead and manage, formally or informally, other Assistant General Counsel
Excellent verbal and written communication skills
Possesses unique legal expertise in one or more specialized areas of the law
Strong organizational skills
Creditors' Rights and Bankruptcy Attorney
Regions is seeking an in-house counsel who will serve as a direct partner to the bank's consumer collections and mortgage servicing and post-default functions.
Primary Responsibilities:
Provide strategic guidance to the bank's overall collections efforts for mortgage and other consumer loans and products, including collection strategies and loss mitigation options.
Provide guidance on creditors' rights and bankruptcy matters.
Provide compliance guidance in connection with federal and state laws and regulations governing financial services products and consumer protection, including updating state surveys and other reference documents.
Advise on legal and regulatory risk-mitigation strategies.
Investigate and resolve threatened litigation in connection with consumer and mortgage loan collection activities.
Review, and provide advice and guidance with respect to, product development, marketing, and customer communications.
Supervise outside counsel retained to resolve litigation.
Additional Preferences:
Experience with bankruptcy, loan workout, and/or creditor representation in the financial services industry.
Litigation experience.
Position Type
Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$135,668.50 USD
Median:
$200,560.00 USD
Incentive Pay Plans:
This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. (https://www.regions.com/about-regions/benefits/benefits-eligibility) Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
https://www.regions.com/welcometour/benefits.rf
Location Details
Regions Center
Location:
Birmingham, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.
