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Valley Bank

Assistant General Counsel

Valley Bank, Convent Station, New Jersey, us, 07961

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Base pay range $146,800.00/yr - $266,000.00/yr

Summary As the Assistant General Counsel – Consumer Banking, you will provide legal advice to Valley on issues affecting consumer deposit and loan products and services. The role will work closely with other attorneys in the Legal Department, as well as senior management and other internal partners from the Deposit Operations and Consumer Lending teams to manage effectively the legal, regulatory, and reputational risks associated with consumer products and services. The role is ideal for a junior to mid‑level attorney with a background in consumer financial services regulations, consumer deposit and lending products, and consumer payment services.

Responsibilities

Advise and assist on development of consumer banking deposit and loan products and payment services over the entire life cycle from ideation to launch, including advice on marketing, disclosures, product terms and conditions, federal and state legal and regulatory standards, compliance management, operational implementation, and business impact.

Provide expert legal advice on laws, regulations, and standards that are applicable to consumer deposit and loan products and services, including the Truth in Savings Act, Expedited Funds Availability Act, Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity Act, Electronic Funds Transfer Act, Fair Credit Reporting Act, Gramm‑Leach Bliley Act and Unfair, Deceptive and Abusive Acts and Practices Act (UDAAP).

Collaborate with internal partners from across the bank to assess the legal, regulatory and reputational risks associated with consumer banking deposit and loan products and services and develop approaches for managing such risks.

Assist internal partners in evaluation and development of appropriate consumer banking policies and practices that conform to legal and regulatory standards.

Provide legal advice and support, and perform a wide variety of other tasks, as assigned to help the bank protect its business, commercial, and reputational interests.

Education and Experience

At least 5 years of experience at a law firm or in-house at a financial institution.

JD from an accredited law school and active membership in good standing in at least one state bar.

Experience with consumer financial services at a medium to large law firm with banking clients and/or an in‑house legal department at a bank preferred.

Familiarity with consumer deposits and lending products preferred.

Seniority level Associate

Employment type Full‑time

Job function Legal

Industries Banking

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