The Sr Corporate Counsel, is responsible for a variety of legal matters involving Merrick Bank (the “Bank”) and provides guidance and advice that drives business decisions on behalf of the Bank and its related companies. This key role will have frequent interaction with colleagues in the Legal Organizational Area, as well as business leaders across Merrick Bank, with focus on problem solving, interpreting consumer credit laws and regulations, transactional work, contract interpretation and negotiation. The qualified candidate will be sought out on general legal matters and will be expected to provide their subject matter expertise on items.

Essential Functions:

• Responsible for managing and/or supporting a variety of legal work, which could include regulatory compliance, consumer litigation contracts, transactions and corporate matters. 
• Interpret and advise on laws and regulations that impact consumer credit and collections. 
• Responsible for ensuring that all laws and regulations governing activities in which the Bank is engaged are considered and complied with, and for coordinating with the Bank’s department managers in the creation and adoption of appropriate policies and procedures to ensure compliance by the Bank with such laws and regulations.

• Ability to explain legal requirements to internal clients having a wide range of experience and skill levels. 
• Supports projects and initiatives from the legal perspective to identify and mitigate legal risk. 
• Coordinates and communicates with both senior and junior personnel to create awareness of the progress in departmental and organizational activities. 
• Supervises the activities of Bank Legal Department employees.
• Assists the President and others with compiling information and materials to be presented at each meeting of the board of directors.
• Responsible for assigned matters of a legal nature involving the Bank and for coordinating with the Bank President and board of directors, as appropriate, in resolving and addressing all such matters.
• Compliance with Laws & Regulations: 
• Developing, documenting, communicating, maintaining, and enforcing effective control system policies and procedures within your area of oversight.
• Acting in a timely manner to update policies and procedures when changes in operating conditions occur and / or breakdowns or noncompliance with laws and regulations appear.
• Complying with all the Bank’s internal control policies and procedures.
• Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
• Communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.

Education and Experience:

1. Member of the Utah State Bar: licensed and in good standing to practice law in the State of Utah is required. Additional state bar admissions, such as New York, would be a plus.
2. Seven to ten years’ experience in consumer credit (credit card preferred), payments or other financial services is preferred.

Summary of Qualifications:

• Experience handling general corporate or transactional matters.
• Experience handling financial institution regulatory matters.
• Experience drafting, reviewing and amending contracts. 

• Knowledge of consumer credit and collections laws. 
• Eager to take ownership of projects and to take on additional responsibility. 
• Eager to collaborate with others to get things done efficiently.
• Creativity in finding ways to accomplish the Bank’s business objectives in a manner that complies with applicable laws and regulations.

• Ability to strategically evaluate situations, troubleshoot causes and effects, and implement any challenges either independently or with a team of experts. 
• Ability to apply new and unfamiliar laws/regulations in an efficient and timely manner and advise clients under uncertain conditions. 
• Execute all tasks timely with appropriate attention to detail and accuracy. 
• Ability to earn respect from colleagues and staff through the establishment and maintenance of upward and downward relationships.