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Senior Attorney 1

Company: Flagstar Bank
Location: Troy
Posted on: January 5, 2022

Job Description:

The Senior Attorney 1 will be a member of the Legal Department and will primarily be responsible for providing broad based legal support to Flagstar Bank'. In this position, the successful candidate will be the lead partner with internal business units, as well as working with other members of the Legal team. Acts as the primary resource for the business regarding review and management of legal affairs. Acts as a liaison between business unit management, legal management and outside counsel regarding documentation and legal issues. This will include providing timely and effective legal advice regarding negotiations and documentation, managing outside counsel engaged to represent Flagstar.This individual will have direct experience working for a practice group at a large bank and/or large law firm providing legal support to financial institutions and be familiar with current market practice and trends, applicable banking regulations and model forms and guidance issued by relevant trade associations.Confers with management and other legal counsel on a variety of legal matters.-- -Identifies legal risks and proposes alternative structures to mitigate such risks involved in potential transactions.Oversees legal processes and assigns work to outside counsel, as appropriate.Ensures legal compliance with all documentation and processes.Reviews legal documents, may draft routine documentation.Oversees the development, use and maintenance of standardized documents.Assists in the selection and recommendation of outside legal counsel for various transactions; assists in evaluating and providing feedback to outside counsel.Stays abreast and educates on regulatory changes affecting the various businesses and company.Ensuring compliance with laws and regulations applicable to a federal savings association engaged in the businesses of residential mortgage lending and servicing and providing advice regarding regulatory supervision and examination by the OCC and CFPB. Job Requirements:Juris Doctor Degree from an accredited law school.Licensed attorney in good standing in the United States, with membership in, or ability to become a member of, the State Bar of Michigan.7+ years corporate experience at a large bank or law firm leading a range of employment.Documentation experience should include primary drafting responsibilities for employment letters and term sheets, control agreements and confidentiality agreements.-- --- --- -Exhibits sound practical judgment.Proven analytical and organizational skills.Proven ability to handle projects from inception to conclusion in a timely manner.Easily able to multi-task, prioritize and adapt to new demands, and communicate complex ideas in an understandable manner.Demonstrated verbal and written communication skills with the ability to communicate with all levels of the organization.Solid problem solving and conflict resolution skills.Understands how concepts interrelate and able to provide the business units analysis and recommendations without delay.Commitment to service, diversity & inclusion, with an ability to establish and maintain effective working relationships with peers, business units, leaders, and outside business partners. For internal use only: Job Band C

Keywords: Flagstar Bank, Troy , Senior Attorney 1, Legal , Troy, Michigan

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