Corporate Counsel

08/02/2021 10:53 AM | WWL Admin (Administrator)

Description

Position is located in Spokane, WA. Remote work from an office within our footprint of WA/ID/OR is negotiable.

The Legal Department at Washington Trust Bank understands that it is WTB's passion and unwavering commitment to its clients that has served as a foundation of continued success for over 100 years. We also understand that in an industry that is highly regulated and often complex, meeting this standard can at times be challenging, if not frustrating. It is for that reason we aim to provide WTB employees with the legal knowledge necessary to allow them to focus on what they can do for their client as opposed to what they cannot. We have a Corporate Counsel opportunity for someone who shares in our this overarching goal. 

Working in association with the General Counsel as a member of the Legal team, the Corporate Counsel focuses on corporate governance, deposit and wealth management transactions, and legal support. Provides legal research and advice in support of branch activities and fiduciary transactions. Drafts documents, policies and agreements primarily related to commercial bank business and occasionally litigation matters. Researches and analyzes law sources to prepare legal documents.  Coordinates with internal departments and outside regulatory agencies as needed.

Essential Functions

  • With limited supervision, provides legal advice to Bank internal customers regarding banking and corporate law issues. 
  • Provides legal research and support for regulatory issues.
  • Supports Corporate Secretary function with legal research and best practice recommendations for Board of Directors and Shareholder management.
  • Supports various bank support services including Human Resources, Wealth Management and BSA/FRAML and Bank Operations teams.
  • Develops, maintains, and manages relationships with outside counsel and law firms to augment Legal Department services.
  • Monitors state and federal case law and legislative developments that may impact the Bank.
  • Represents Legal on Compliance sub-committees.
  • Regular, reliable attendance is required.
  • Performs compliance and risk management duties as required or assigned.

Requirements

  • Juris Doctorate
  • Licensed to practice law in Washington or qualified to work as in-house counsel in Washington.
  • Five years’ experience of practice in corporate or trust law preferred.
  • General knowledge of banking law including UCC Article 3 and UCC Article 4.
  • Expertise in Delaware and Washington corporation law.
  • Expertise in SEC regulations and ability to interpret those regulations in the private company environment.
  • Experience with banking regulations.
  • Ability to parse complex transactions and identify key risk factors.
  • Experience interpreting fiduciary laws in Washington, Oregon and Idaho including powers of attorney, trust and agency law in a banking and trust company environment.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

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