Financial Attorney in Riverwoods, IL at CRS Group

Date Posted: 7/16/2019

Job Snapshot

Job Description

Pay Rate: $55 - $65/hr
 
 
Overview: The CRS Group is currently looking for a Licensed Attorney for one of our clients in the Riverwoods area. The CRS Group is a nationwide Staffing Firm who works primarily with Fortune 500 and Fortune 1000 corporations.
 

 
Job Description:
  •  This role provides advice, direction and support to internal business clients on marketing matters, new initiatives, business processes, corrective actions, compliance with laws, regulations, policies and procedures, litigation and reputational risk.
  • Exercises prudent discretion and decision-making capabilities to provide advice, direction and support to internal business clients, including risk, compliance, governance, government relations, and/or legal advice, as applicable to role, on new initiatives, business processes, contract review and analysis, training, corrective actions, compliance with laws, regulations, policies and procedures, litigation risk and issues raised in governance committees.
  • Identifies, assesses, communicates information to business clients related to emerging regulatory topics and best practices, and provides oversight and strategic guidance on new or proposed legal and regulatory requirements, emerging legal and regulatory risks and trends.
  • Communicates effectively with clients, customers, leadership, committees, regulators and counterparties as applicable.
  • Manages resources, if assigned, including overhead, outside counsel and other budgets to achieve Law’s financial goals, and to develop a team of professionals by communicating, fostering respect, providing coaching and feedback, recognizing achievements, and effectively managing employee concerns.
  • Continuously improves and adheres to required standards and process to promote a risk-aware culture and ensure efficient and effective risk management.
  • Provides advice, counseling, and training on banking law topics, such as consumer disclosures and legal requirements regarding the acquisition, servicing, and collection of consumer banking products, including significant legal and regulatory issues involving FCRA, TILA, ECOA, TISA, UDAAP, fair and responsible banking, and other consumer protection laws and regulations.
  • Advises business clients on legal requirements applicable to new initiatives, policies, and procedures.
  • Works closely with supervising attorneys and clients to identify legal risks in order to prevent and limit legal liability and mitigate risk.
  • Contributes to the creation of a favorable regulatory environment, such as drafting regulatory and legislative proposals to achieve business objectives and analyzing new and amended regulations and laws.
  • Consults with and advises clients on matters regarding Bank Deposits business topics, such as checking, savings, and certificates of deposits, and a wide variety of significant legal and regulatory issues.




Qualifications:
  • Specific knowledge of and experience with the Truth In Savings Act, Regulation DD, and UDAAP required.
  • Familiarity with EFTA, Regulations E, Regulation D and money movement rules (ACH, Wire, check processing) a plus.
  • Graduate of an accredited law school, JD degree, and member in good standing of a State Bar required.
  • 6+ years advising financial institutions on consumer regulatory matters, with particular emphasis on marketing and development of deposit account products and services.

 
crs_marredia
crs_scapozzi
ss # 84592
 
 
Qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or genetic information.