Valley National Bank
Associate General Counsel - Commercial - Morristown, NJ
Valley National Bank, Convent Station, New Jersey, us, 07961
BackAssociate General Counsel - Commercial#25-733Multiple LocationsApplyApply for this job now! ApplyExpected Work Hours40Job Description
Do not wait to apply after reading this description a high application volume is expected for this opportunity. Responsibilities include but are not limited to:
Structure, draft, negotiate and review loan documentation for middle market transactions, including credit agreements, collateral agreements, intercreditor agreements, participation agreements, among others.
Review of documentation for syndicated and participated facilities.
Draft and review consents, waivers, reservations of rights, as well provide advice in connection with pre-workout or workout credits.
Draft and review other documents such as confidentiality agreements, non-reliance letters, termination and release letters.
Knowledge of laws, regulations, case law and market trends affecting the bank's commercial lending business.
Work with representatives from various departments to address the legal requirements for policies and procedures.
Identify and assess legal risk and provide legal advice and assistance in resolving or escalating matters related to commercial lending transactions.
Manage outside counsel.
Assist with developing and maintaining loan document forms.
Provide internal clients with timely, effective, accurate, business-sensitive, professional, creative and comprehensive responses and other services to achieve business objectives. Provide legal advice and guidance to senior management and department heads of the bank and its subsidiaries.
Establish and maintain working relationships across all levels of the organization to be a trusted advisor on legal matters.
Conduct business dealings to the highest ethical standards and in compliance with legal requirements and policies.
Requirements Required Skills:
Knowledge of and experience with Article 9 of the UCC and lending regulatory issues.
Substantial experience in secured transactions, including, but not limited to, borrowing base facilities, asset-based facilities and commercial real estate transactions. Experience in other specialty areas such as healthcare, fund finance and international lending preferred but not required.
Experience in derivatives (ISDA documentation) and trade finance are a plus.
Ability to draft complex loan documentation.
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 7 - 10 years of applicable 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.
Admission to practice in good standing in the state of New Jersey and/or the state of New York.
Preferred Experience:
Experience handling middle market and syndicated loan transactions.
Familiarity with market trends and regulatory developments affecting commercial lending.
Previous experience in a corporate legal department or government agency.
Full-time/Part-timeFull-timeFLSAExemptLocation(s).One Penn Plaza Suite 4625, New York, New York 10119, United States70 Speedwell Ave, Morristown, New Jersey 07960, United StatesTotal Rewards SummaryWe provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.
In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.Job DetailsPay Range Pay RangeThe estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay. The actual pay rate will depend on the person's qualifications and experience.$169,100.00 - $310,200.00 / yearPay TransparencyIn order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions. #J-18808-Ljbffr
Do not wait to apply after reading this description a high application volume is expected for this opportunity. Responsibilities include but are not limited to:
Structure, draft, negotiate and review loan documentation for middle market transactions, including credit agreements, collateral agreements, intercreditor agreements, participation agreements, among others.
Review of documentation for syndicated and participated facilities.
Draft and review consents, waivers, reservations of rights, as well provide advice in connection with pre-workout or workout credits.
Draft and review other documents such as confidentiality agreements, non-reliance letters, termination and release letters.
Knowledge of laws, regulations, case law and market trends affecting the bank's commercial lending business.
Work with representatives from various departments to address the legal requirements for policies and procedures.
Identify and assess legal risk and provide legal advice and assistance in resolving or escalating matters related to commercial lending transactions.
Manage outside counsel.
Assist with developing and maintaining loan document forms.
Provide internal clients with timely, effective, accurate, business-sensitive, professional, creative and comprehensive responses and other services to achieve business objectives. Provide legal advice and guidance to senior management and department heads of the bank and its subsidiaries.
Establish and maintain working relationships across all levels of the organization to be a trusted advisor on legal matters.
Conduct business dealings to the highest ethical standards and in compliance with legal requirements and policies.
Requirements Required Skills:
Knowledge of and experience with Article 9 of the UCC and lending regulatory issues.
Substantial experience in secured transactions, including, but not limited to, borrowing base facilities, asset-based facilities and commercial real estate transactions. Experience in other specialty areas such as healthcare, fund finance and international lending preferred but not required.
Experience in derivatives (ISDA documentation) and trade finance are a plus.
Ability to draft complex loan documentation.
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 7 - 10 years of applicable 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.
Admission to practice in good standing in the state of New Jersey and/or the state of New York.
Preferred Experience:
Experience handling middle market and syndicated loan transactions.
Familiarity with market trends and regulatory developments affecting commercial lending.
Previous experience in a corporate legal department or government agency.
Full-time/Part-timeFull-timeFLSAExemptLocation(s).One Penn Plaza Suite 4625, New York, New York 10119, United States70 Speedwell Ave, Morristown, New Jersey 07960, United StatesTotal Rewards SummaryWe provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.
In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.Job DetailsPay Range Pay RangeThe estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay. The actual pay rate will depend on the person's qualifications and experience.$169,100.00 - $310,200.00 / yearPay TransparencyIn order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to "Pay Transparency Law"; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions. #J-18808-Ljbffr