VP - General Counsel

Overview

The VP – General Counsel ensures that risks are proactively identified, managed in accordance with the credit union’s risk tolerance, and appropriately communicated to Executive Leadership and the Board of Directors. The role provides legal advice and counsel to credit union management and the Board of Directors and serves as the credit union’s liaison to outside legal counsel for more complex, non-routine related matters. The position is responsible for compliance, third party oversight, business continuity, incident response, records management, insurance, and other risk management related activities. This position also attends all Board meetings and prepares all related materials. 

Expected Outcomes

• Inspirational leadership cultivates a dynamic team, driving growth and fostering a culture of achievement, recognition, and development.    
• Risks are managed in accordance with the credit union’s risk appetite through contracts, insurance, internal controls, and effectively managing legal disputes.
• Potential risks and identified gaps in compliance, policies, practices, and operating controls, along with solutions for managing those risks/gaps to an acceptable level, are reported to management and/or the Board of Directors in a timely and appropriate manner.
• Board of Director related materials (e.g. meeting invites, agendas, packets, annual meeting scripts, minutes, policies, etc.) are prepared and delivered in an accurate, appropriate, and timely manner.
• The Board of Directors and credit union management are educated and advised on legal/compliance related matters to help protect the credit union’s reputation, minimize legal expenses, and foster a culture of awareness and ethical conduct within the organization. 
• Regulatory filings are accurately prepared and filed in a timely manner.
• Effective relationships are fostered with internal and external stakeholders.

 Capability Requirements

• Juris Doctorate from an accredited law school.
• Admissions to practice law in the State of Wisconsin.
• Minimum 10 years’ experience practicing law with at least 5 years in a financial institution.
• Experience with and in-depth knowledge of the various laws and regulations impacting financial institutions.
• Significant experience with Board procedures and governance.
• Excellent interpersonal, negotiation, verbal and written communication, and presentation skills.
• Clear, concise communication with the ability to convey relevant details, options and alternatives, and trade-offs in plain language.
• Strong leadership and project management abilities.
• Attention to detail and problem-solving skills.
• Strong business acumen, analytical skills, and strategic thinking.

The above information on this description has been designed to indicate the general nature and level of work performed by employees in this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all outcomes, responsibilities and qualifications required of employees assigned to this job.

Why Summit? 

• Professional Growth: Opportunities for career development and advancement to help you reach your full potential.
• Work-Life Balance: Enjoy flexible work schedules and generous paid time off to maintain a healthy work-life balance.
• Retirement Benefits: Benefit from our 401(k) plan with employer match to secure your future.
• Employee Wellness: Participate in programs and resources designed to support your overall well-being.
• Community Involvement: Engage in initiatives that give back to the community and make a positive impact.