Assistant General Counsel - Creditors’ Rights and Bankruptcy Attorney

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.

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In the Regions’ Legal Department, 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
• 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
• 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
• Proactively develops relationships based on trust across the organization; grows internal and external networks

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

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

Regions is seeking an in-house counsel who will serve as direct partner to the bank’s Commercial Problem Assets and Collections functions.

Primary Responsibilities:

• Provide strategic guidance to the bank’s overall collections efforts for commercial loans;
• Provide guidance on creditors’ rights and bankruptcy matters;
• Provide compliance guidance in connection with laws governing financial services products and consumer protection;
• Advise on legal and regulatory risk-mitigation strategies;
• Investigates and resolves threatened litigation in connection with commercial collection activities;
• Supervises outside counsel retained to resolve complex litigation.

Additional Preferences:

• Experience with bankruptcy, corporate restructuring, loan workout (including syndicated loans) and/or creditor representation in the financial services industry;
• Litigation experience.

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Position Type

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:

Median:

Incentive Pay Plans:

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. 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

Bring Your Whole Self to Work  

We have a passion for creating an inclusive environment that promotes and values the differences that make each of us stand out as unique individuals and help provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work and thrive is the right thing to do.

OFCCP Disclosure: Equal Opportunity Employer/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.