Consumer Banking Product Attorney

Valley National Bank
$146,800.00-$266,000.00
United States, New York, New York
Mar 03, 2025
The Assistant General Counsel provides legal guidance, expertise and support to the bank on a variety of banking, regulatory and risk matters. Primary focus is on the applicability of federal and state banking laws and regulations to Valley's deposit and consumer loan products and services, supporting a retail branch network. The role will be based in either New York City or northern New Jersey. 40 Responsibilities include, but are not limited to: Provide guidance and expertise on the applicability of federal and state banking laws and regulations to banking products and services, including the Truth in Savings Act, Truth in Lending Act, Equal Credit Opportunity Act, Electronic Funds Transfer Act, Fair Credit Reporting Act, Gramm-Leach Bliley Act and UDAAP. Provide guidance and expertise on banking laws and regulations in the areas of risk management, consumer lending, retail deposit products, and marketing activities. Provide guidance and support to various areas of the bank, including regulatory compliance, retail and branch banking, deposit operations, treasury solutions, digital banking, marketing, commercial lending, consumer lending and fraud risk management. Assist with monitoring and implementing changes in law. Work with representatives from various departments to address the legal requirements for policies, procedures, and disclosures. Prepare and revise standardized and customized templates, checklists, correspondence, bank forms and agreements. Provide legal support for strategic initiatives and new product and services offerings across the bank. Required Skills: Knowledge of and experience with the alphabet soup of federal banking laws and regulations. Knowledge of and experience with bank regulatory laws and regulations. Ability to draft complex contractual documents. Excellent verbal and written communication skills. Ability to apply principles of legal, logical or scientific thinking to a wide variety of intellectual and practical problems. Ability to read, analyze and interpret the complex documents. Required Experience: JD Degree and highly experienced licensed attorney with a minimum of 4 years of applicable experience. Admission to practice in good standing in the state of New Jersey and/or the state of New York. Preferred Experience: Experience with banking matters at a medium to large law firm with banking clients and/or an in-house legal department at a bank. Exact compensation may vary based on skills, experience, and location. $146,800.00 $266,000.00