Assistant General Counsel

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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At Regions, the Assistant General Counsel provides 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 executive leadership to provide practical legal advice on issues related to complex business and banking matters
• Provides strategic, pragmatic, and expert legal advice to business units
• Advises senior 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 expert assessment of legal risk when business decisions are made, demonstrating particular consideration for the Bank’s reputation as well as our clients and assets
• Works with and manages outside counsel on legal issues impacting the Bank and related matter budgets
• May lead and manage other Assistant General Counsel, specialists or paralegal staff
• Provides assistance with training bankers, associates, operational staff and customer support staff on legal issues
• Provides expert 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 and consistently develops relationships based on trust across the organization; grows internal and external networks
• Ability to work in a collaborative environment with multiple stakeholders to include senior and executive management
• Has distinct, independent ownership of a legal function or specialization
• Provides mentoring opportunities for legal staff and serves as a resource for legal staff

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
• Ten (10) 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 senior leadership in order to drive results
• Ability to lead and manage a team of attorneys and support staff which provides legal support to an entire line of business
• Ability to manage a high-volume workload and reach prompt, pragmatic decisions
• Ability to work in a collaborative environment with multiple stakeholders to include Executive leadership
• Advanced organizational skills
• Consistently demonstrated ability to assimilate and analyze facts and present complex issues in a clear and concise manner and provide succinct results-oriented legal advice
• Consistently demonstrated ability to manage matters from start to finish with little to no oversight.  Ability to lead and manage a team of attorneys and support staff which provides legal support to an entire line of business
• Demonstrated ability to comfortably and confidently operate in a constantly changing environment 
• Excellent verbal and written communication skills
• Expert analytical, research, decision-making and problem-solving skills combined with effective time management and project management/planning skills
• Possesses unique legal expertise in multiple specialized areas of the law
• Well-developed ability to tactfully navigate complex discussions 

Ascentium Capital, a division of Regions Bank, is an award-winning commercial lender providing equipment and technology financing solutions to businesses across the United States. Our unique technology-driven finance platform, combined with exceptional customer service, paves the way for fast, flexible financing for virtually any business need. We provide financing and leasing for manufacturers, distributors, resellers, franchise organizations, as well as providing direct financing options for small, mid-sized and Fortune 500 companies. 

Additional Responsibilities

• Draft and negotiate a variety of financing and corporate documents, including loan agreements, lease agreements, vendor program agreements, portfolio purchase and sale agreements and non-disclosure agreements.
• Assist with the preparation and review of business unit policies and procedures.
• Assist with litigation, regulatory matters and special projects as needed.

Additional Preferences

• Extensive experience drafting, reviewing and negotiating documentation related to equipment finance transactions, including loan agreements, operating and finance leases, and vendor program agreements; experience in the small/mid-ticket commercial financing industry preferred.
• Deep knowledge of the UCC (specifically Articles 9 and 2A).
• Experience with capital markets transactions involving commercial loan and lease portfolios (e.g., portfolio sale and purchase transactions, structured warehouse facilities and/or term securitizations).  
• Familiarity with the laws and regulations applicable to commercial lending and leasing (e.g., CFPB Rule 1071, state commercial lending disclosure laws). 
• Ability to manage and prioritize multiple time-sensitive transactions and projects for a number of different internal stakeholders.
• Ability to build trust and strong working relationships with business leaders, as well as colleagues throughout the organization. 
• Ability to protect the company while facilitating the transaction through the identification of risks and the application of “outside the box” thinking to mitigate those risks. 

This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week.  The manager will set the work schedule for this position, including in-office expectations.  Regions will not provide relocation assistance for this position, and relocation would be at your expense.  

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.