KEMBA Financial Credit Union
Title: Associate Counsel
Reports to: In-House Counsel
Supervises: None
Status: Exempt
Objective Associate Counsel's primary responsibility is to represent KEMBA Financial Credit Union by assisting In-House Counsel in providing legal support and guidance to various business units and senior management related to credit union activities. Associate Counsel is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. This position may involve delegation to associates within the Legal Department at the direction of In-House Counsel.
Duties and Responsibilities
Represents KEMBA's interests in litigation, transactions, collections, contracts and other business matters and opportunities ensuring that proper policies, procedures, risk mitigation activities and controls are followed. Identified gaps in compliance, policies, practices, and operating controls are reported to In-House Counsel or Senior Management
Identifies, researches, and analyzes relevant federal, state, and local legal requirements impacting products, services, and operations
Prepares memoranda, correspondence or other materials summarizing and applying research and analysis to credit union issues for In-House Counsel's review. Evaluates new procedures, services and market changes which require legal review
Monitors bankruptcy cases to ensure maximum protection of the credit union's assets
Follows appropriate policy and procedures for the accurate tracking and reporting of bankruptcy cases
Recommends procedures to In-House Counsel to reduce losses
Recommends underwriting changes to In-House Counsel and Senior Management, as needed, to reduce future bankruptcy losses
Reviews lending and deposit documentation to ensure regulatory compliance and operational simplicity for both internal and external users
Drafts and reviews various vendor agreements, including services, purchase, software and technology, consulting, professional services, and other agreements and makes recommendations to In-House Counsel as appropriate
Monitors and tracks vendor contracts to ensure compliance with due diligence protocols and act as primary individual responsible for updating vendor management reporting.
Manages Vendor Management including preparation of monthly reports; managing Quantivate (NContracts) application; and collaborating with various departments.
Develops and maintains reports which document the significant activities of the department Interprets the reports and recommends appropriate action to In-House Counsel as needed
Responds to Member inquiries as needed; provides professional and courteous service to members, whether staff members or natural person members
Supports Risk Management and Lending in specialized legal matters including repossessions and foreclosures as appropriate
Develops an understanding of credit union history, philosophy, organization, policies, and operational procedures
Performs all duties in a manner that is fully compliant with applicable industry regulations as well as KEMBA policy and procedures
On a self-directed basis, continues to improve individual level of competency through training and certification on established educational programs
Relates to others beyond giving and receiving instructions:
Works well with partners and peers
Performs work activities requiring negotiating, instructing, supervising, persuading, or speaking with others
Responds appropriately to feedback
Performs other duties as assigned
Required Qualifications
Juris Doctorate from an accredited law school
1-3 years' experience practicing law
Licensed attorney who is eligible to be licensed as corporate counsel in Ohio or otherwise admitted to the Ohio Bar
Excellent interpersonal, negotiation, verbal and written communication and presentation skills
Problem resolution and analytical skills and the ability to interact well with all organizational levels
Previous leadership experience preferred or equivalent mentorship/management experience
Prior litigation, financial services, contracts, collection, and bankruptcy experience strongly preferred
Desired Qualifications
Admission to Southern District of Ohio
Notary Public
Knowledge regarding various trust documents and powers of attorney
Knowledge of probate court processes and filings
Experience with e-filing in state and federal courts
Physical Demands The physical demands listed below represent those necessary to perform the essential functions of this role. Reasonable accommodation may be provided to enable individuals with disabilities to perform these functions.
The employee is regularly required to sit, use their hands, reach with their arms, and communicate verbally and orally. Occasional standing, walking, and lifting of objects up to 25 pounds are required. Vision requirements include close, distance vision, and focus adjustment.
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Reports to: In-House Counsel
Supervises: None
Status: Exempt
Objective Associate Counsel's primary responsibility is to represent KEMBA Financial Credit Union by assisting In-House Counsel in providing legal support and guidance to various business units and senior management related to credit union activities. Associate Counsel is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. This position may involve delegation to associates within the Legal Department at the direction of In-House Counsel.
Duties and Responsibilities
Represents KEMBA's interests in litigation, transactions, collections, contracts and other business matters and opportunities ensuring that proper policies, procedures, risk mitigation activities and controls are followed. Identified gaps in compliance, policies, practices, and operating controls are reported to In-House Counsel or Senior Management
Identifies, researches, and analyzes relevant federal, state, and local legal requirements impacting products, services, and operations
Prepares memoranda, correspondence or other materials summarizing and applying research and analysis to credit union issues for In-House Counsel's review. Evaluates new procedures, services and market changes which require legal review
Monitors bankruptcy cases to ensure maximum protection of the credit union's assets
Follows appropriate policy and procedures for the accurate tracking and reporting of bankruptcy cases
Recommends procedures to In-House Counsel to reduce losses
Recommends underwriting changes to In-House Counsel and Senior Management, as needed, to reduce future bankruptcy losses
Reviews lending and deposit documentation to ensure regulatory compliance and operational simplicity for both internal and external users
Drafts and reviews various vendor agreements, including services, purchase, software and technology, consulting, professional services, and other agreements and makes recommendations to In-House Counsel as appropriate
Monitors and tracks vendor contracts to ensure compliance with due diligence protocols and act as primary individual responsible for updating vendor management reporting.
Manages Vendor Management including preparation of monthly reports; managing Quantivate (NContracts) application; and collaborating with various departments.
Develops and maintains reports which document the significant activities of the department Interprets the reports and recommends appropriate action to In-House Counsel as needed
Responds to Member inquiries as needed; provides professional and courteous service to members, whether staff members or natural person members
Supports Risk Management and Lending in specialized legal matters including repossessions and foreclosures as appropriate
Develops an understanding of credit union history, philosophy, organization, policies, and operational procedures
Performs all duties in a manner that is fully compliant with applicable industry regulations as well as KEMBA policy and procedures
On a self-directed basis, continues to improve individual level of competency through training and certification on established educational programs
Relates to others beyond giving and receiving instructions:
Works well with partners and peers
Performs work activities requiring negotiating, instructing, supervising, persuading, or speaking with others
Responds appropriately to feedback
Performs other duties as assigned
Required Qualifications
Juris Doctorate from an accredited law school
1-3 years' experience practicing law
Licensed attorney who is eligible to be licensed as corporate counsel in Ohio or otherwise admitted to the Ohio Bar
Excellent interpersonal, negotiation, verbal and written communication and presentation skills
Problem resolution and analytical skills and the ability to interact well with all organizational levels
Previous leadership experience preferred or equivalent mentorship/management experience
Prior litigation, financial services, contracts, collection, and bankruptcy experience strongly preferred
Desired Qualifications
Admission to Southern District of Ohio
Notary Public
Knowledge regarding various trust documents and powers of attorney
Knowledge of probate court processes and filings
Experience with e-filing in state and federal courts
Physical Demands The physical demands listed below represent those necessary to perform the essential functions of this role. Reasonable accommodation may be provided to enable individuals with disabilities to perform these functions.
The employee is regularly required to sit, use their hands, reach with their arms, and communicate verbally and orally. Occasional standing, walking, and lifting of objects up to 25 pounds are required. Vision requirements include close, distance vision, and focus adjustment.
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