Webster Bank
Managing Director, Commercial Deposits & Payments Attorney
Webster Bank, Hartford, Connecticut, us, 06112
Overview
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Managing Director, Commercial Deposits & Payments Attorney
role at
Webster Bank .
Responsibilities
Structure complex deposit products and arrangements with third parties, working closely with business and technology partners to ensure adherence to legal and regulatory compliance
Offer advice on a wide variety of commercial payment products and services including credit card, cash management, ACH, wires, integrated payables, and new payment products and services
Review, draft, and negotiate contracts relating to bank products and deposits including, without limitation, control agreements (deposits and securities), escrow and pledge agreements, MSA and TOS for Treasury Management products and FBO structured accounts
Maintain and update commercial banking form documents and applicable procedures for commercial products
Assist with processing and responding to internal questions related to bank operations (e.g., issues such as account opening, signing authority, trust and estates, fiduciary or custodial roles, court orders, etc.)
Partner with Compliance, Risk and Audit groups on supported divisional/departmental matters, as appropriate
Supervise and manage external counsel, as appropriate
Education, Experience & Skills
Minimum of 10-15 years' experience working as an attorney with a law firm and/or as in-house counsel structuring, drafting and negotiating commercial deposit related agreements/forms for or with a financial institution
Understanding of the payments industry and related legal and regulatory frameworks
Ability to identify legal issues, evaluate legal risks, and offer solutions
Strong negotiation, interpersonal, organizational skills
Excellent communication and drafting skills
Demonstrated experience and confidence in risk identification and analysis, and risk management decision making
Must have Juris Doctor and at least one state bar admission (active/good standing)
The estimated base salary range for this position is $160,000 USD to $220,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Job Details
Seniority level: Director
Employment type: Full-time
Job function: Business Development and Sales
Industries: Banking
Referrals increase your chances of interviewing at Webster Bank by 2x.
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Managing Director, Commercial Deposits & Payments Attorney
role at
Webster Bank .
Responsibilities
Structure complex deposit products and arrangements with third parties, working closely with business and technology partners to ensure adherence to legal and regulatory compliance
Offer advice on a wide variety of commercial payment products and services including credit card, cash management, ACH, wires, integrated payables, and new payment products and services
Review, draft, and negotiate contracts relating to bank products and deposits including, without limitation, control agreements (deposits and securities), escrow and pledge agreements, MSA and TOS for Treasury Management products and FBO structured accounts
Maintain and update commercial banking form documents and applicable procedures for commercial products
Assist with processing and responding to internal questions related to bank operations (e.g., issues such as account opening, signing authority, trust and estates, fiduciary or custodial roles, court orders, etc.)
Partner with Compliance, Risk and Audit groups on supported divisional/departmental matters, as appropriate
Supervise and manage external counsel, as appropriate
Education, Experience & Skills
Minimum of 10-15 years' experience working as an attorney with a law firm and/or as in-house counsel structuring, drafting and negotiating commercial deposit related agreements/forms for or with a financial institution
Understanding of the payments industry and related legal and regulatory frameworks
Ability to identify legal issues, evaluate legal risks, and offer solutions
Strong negotiation, interpersonal, organizational skills
Excellent communication and drafting skills
Demonstrated experience and confidence in risk identification and analysis, and risk management decision making
Must have Juris Doctor and at least one state bar admission (active/good standing)
The estimated base salary range for this position is $160,000 USD to $220,000 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.
Job Details
Seniority level: Director
Employment type: Full-time
Job function: Business Development and Sales
Industries: Banking
Referrals increase your chances of interviewing at Webster Bank by 2x.
#J-18808-Ljbffr