Top Retail Banking Executive leads and directs all retail banking functions. Develops branch financial and service delivery performance goals and objectives and monitors results. Being a Top Retail Banking Executive oversees branch administration and operations and establishes policies and procedures that drive efficient operations and regulatory compliance. Guides product development and implementation to provide profitable and competitive service offerings. Additionally, Top Retail Banking Executive develops branch staff and management. May require an advanced degree. Typically reports to top management. The Top Retail Banking Executive manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)
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The Senior Counsel (Consumer/Retail Banking) is a position within Simmons Bank's legal department responsible for providing legal advice to the bank on laws and regulations affecting consumer and retail banking, including the bank's deposit, digital banking, credit card, mortgage, and lending operations and activities. This individual will work with management throughout the bank to advise on strategic initiatives and effectively address legal and regulatory matters associated with the bank's products and services. This individual will report directly to the bank's Assistant General Counsel.
Essential Duties and Responsibilities
Provide legal support for strategic initiatives and new product and service offerings across the bank, with a focus on consumer banking, digital banking, and credit card business lines
Provide expert advice to senior management concerning laws, rules, and regulations affecting the bank's products and services, including regulations issued by the Federal Reserve, FDIC, CFPB, and other federal and state regulatory agencies
Draft product agreements, terms and conditions, and disclosures as well as correspondence, memoranda, contracts, and other legal documents
Monitor, research, and analyze existing laws, rules, and regulations (and changes thereto) to evaluate and assess their impact on the bank
Direct and supervise outside law firms on specific projects, when appropriate
Work with representatives from various business units to develop, modify, and interpret policies, practices and procedures to conform to legal requirements and to ensure legal compliance
Perform other duties and responsibilities as assigned
Qualifications
To perform this job successfully, the individual must be able to perform each essential duty satisfactorily. The attributes listed below are representative of the requisite knowledge, skill, and/or ability.
Skills
Ability to draft product agreements, terms and conditions, and disclosures
Ability to read, analyze, and interpret financial reports and/or legal documents
Ability to effectively present information to senior management
High level of expertise in banking or other relevant area of law that results in independent work with little direction or oversight required
Strong critical thinking skills.
Detail oriented with excellent legal judgment
Ability to synthesize and advise on complex fact and legal topics
Strong writing, project management, and organizational skills
Ability to communicate effectively across multiple channels
High degree of adherence to ethical standards
Education and/or Experience
A law degree from an accredited law school
Admission to at least one state bar
Preferably three to seven years of experience as an attorney in a large law firm, regulatory agency, or corporate legal department
Experience advising on some or all of the following banking laws and regulations: TILA, RESPA, ECOA, FCRA, Reg. E, Reg. DD, UDAAP, GLBA, TCPA, E-Sign, UCC
Other Qualifications (including physical requirements)
Ability to maintain the highest level of confidentially and sensitivity towards all work-related information
Location
This position may be located anywhere within the bank's footprint, including the following cities: Little Rock, AR; Kansas City, MO; Springfield, MO; St. Louis, MO; Oklahoma City, OK; Memphis, TN; Nashville, TN; Austin, TX; Dallas, TX; Fort Worth, TX; and Houston, TX.
Strong preference will be given to candidates willing to relocate to Little Rock, AR.
Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications. Simmons First National Corporation and its subsidiaries are committed to Affirmative Action Programs consisting of results-oriented procedures to ensure equal employment opportunities. These programs require positive action in lieu of neutral non-discrimination and merit hiring/performance policies.