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Senior Principal Counsel
Company | Discover |
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Location | Wheeling, IL, USA |
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Salary | $106000 – $178800 |
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Type | Full-Time |
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Degrees | JD |
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Experience Level | Senior |
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Requirements
- J.D. in Law
- 3+ years legal experience supporting consumer financial services products and services, or job related, with experience to include drafting and negotiating complex agreements and/or handling complex disputes.
- Active law license in good standing
Responsibilities
- Support operations, issues, remediation, and related risks, with a focus on drafting and negotiating complex agreements; supporting key business initiatives, operational processes, and controls; providing legal advice related to complex disputes; managing complex disputes; and communicating with senior leadership.
- Dig into complex legal issues; provide creative, risk-informed guidance that supports effective risk management; identify, assess, and communicate risks and legal and regulatory requirements; and collaborate effectively to help develop creative solutions.
- Work efficiently as an individual contributor, work well as a part of a close-knit team, and collaborate closely with remote teams and stakeholders across the business, with a strong emphasis on creative solutions, proactive risk governance, and sound decision making.
- Work with and manage outside counsel.
- Prioritize multiple competing demands and priorities in a fast-paced environment.
- Exercise prudent discretion and decision-making capabilities to provide advice, direction and support to internal business clients, including risk, compliance, governance, government relations, and/or legal advice, as applicable to role, on new initiatives, business processes, contract review and analysis, training, corrective actions, compliance with laws, regulations, policies and procedures, litigation risk and issues raised in governance committees.
- Identify, assess, communicate information to business clients related to emerging regulatory topics and best practices, and provide oversight and strategic guidance on new or proposed legal and regulatory requirements, emerging legal and regulatory risks and trends.
- Communicate effectively with clients, customers, leadership, committees, regulators and counterparties as applicable.
- Manage resources, if assigned, including overhead, outside counsel and other budgets to achieve Law’s financial goals.
- Develop and support others by communicating, fostering respect, providing coaching and feedback, recognizing achievements, and effectively managing employee concerns.
- Continuously improve and adhere to required standards and processes to promote a risk-aware culture and ensure efficient and effective risk management.
- Provide advice, counseling, and training on moderately complex legal topics which may include one or more of the following coverage areas: Regulatory, Consumer Finance Advisory, Transactional, Anti-Trust, Privacy/Security, Technology, Employment/Benefits, Litigation, Collections, Public Company, Payments, and Intellectual Property.
Preferred Qualifications
- 5+ years legal experience supporting payments networks or related businesses, or B2B financial services products and services, with experience to include drafting and negotiating complex agreements and/or handling complex disputes.