Hybrid Executive Director, Assistant General Counsel – Cash Management

at Sumitomo Mitsui Banking Corporation – SMBC Group

• Job title: Executive Director, Assistant General Counsel – Cash Management
• Job type: Full Time
• Experience level: Lead
• Salary: $244,000 - $285,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, New York City, United States

About the role

• Executive Director, Assistant General Counsel supporting cash management operations for Sumitomo Mitsui Banking Corporation. Providing legal guidance in a fast-paced financial services environment.

Responsibilities

• Rendering legal advice and support to the Bank’s operations, including deposits, electronic banking, payments, and fiduciary activities.
• Reviewing, drafting and negotiating Bank operational documents, including customer facing agreements, relating to deposit, cash management and other bank products.
• Supporting cash management and other deposit operations needs for Sumitomo Mitsui Banking Corporation (SMBC).
• Reviewing advertisements, disclosures and other matters and transactions having regulatory compliance implications.
• Assisting and responding to internal questions related to bank operations (including account opening and closing).
• Providing legal advice concerning general regulatory and corporate matters related to transaction banking and cash management.
• Supporting other attorneys as-needed, across the legal organization.
• Keeping management and other appropriate Bank personnel apprised of significant changes to statutory laws and regulations and significant developments in case law that might impact the Bank.
• Providing training and other advice and instruction to Bank personnel on appropriate preventative law and legal and compliance issues.
• Contributing to the legal assessment of new bank products.

Requirements

• 7 years minimum in banking or financial services, or equivalent law firm experience
• Prior experience in cash management and transaction banking business is required
• Admission to the NY Bar (or clear qualification of eligibility for waiving in from another jurisdiction with which NY has reciprocity) and a member of good standing of such Bar
• Comfortable engaging with senior executives across a host of disciplines and businesses
• Significant project management skills to manage a host of initiatives
• Excellent communication skills, technical drafting skills, and issue-spotting skills
• Ability to work under pressure, operate comfortably in a fast-paced, demanding environment, and manage a significant workload with minimal supervision
• Ability to think creatively and propose solutions.

Benefits

• Competitive portfolio of benefits to its employees