Assistant General Counsel - Third Party Risk Management

Posted 6 Days Ago
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Miami Lakes, FL, USA
In-Office
Senior level
Fintech
The Role
Provides legal counsel for vendor and technology services agreements, leads contract administration and lifecycle management, advises procurement and third-party risk teams, oversees contract technology implementation, and supports corporate, regulatory, compliance, litigation, and intellectual property matters for the bank.
Summary Generated by Built In
Job Summary & Responsibilities

JOB SUMMARY

The Assistant General Counsel - Third Party Risk Management, is the Bank's primary legal counsel for the drafting and negotiation of vendor agreements and leads the Bank's Contracts Administration Team. This attorney will work with the Bank's procurement, third party risk management and project management departments and other business lines on drafting, reviewing and negotiating technology services agreements and a variety of other services and vendor agreements involving the Bank's interests or the interests of its customers. Additionally, this attorney will lead the Bank's Contracts Administration Team, which oversees the Bank's contract lifecycle management processes and procedures.

ESSENTIAL DUTIES AND RESPONSIBILITIES

  • Drafts, reviews, and negotiates contracts, agreements, and other instruments related to commercial and strategic transactions involving the Bank and its subsidiaries, including contracts for technology services and related SOWs and SLAs.
  • Manages and oversees the Bank's Contracts Administration Team, including contract lifecycle management processes and procedures.
  • Oversees the implementation and use of new contract technologies, including CLM systems and AI tools for contract drafting, review, and negotiation.
  • Provides advice and counsel to the Procurement and Third-Party Risk Management departments, as well as other business units, regarding commercial transactions and agreements involving the Bank and its subsidiaries, and the management of the Bank's legal rights and obligations related thereto.
  • Assists the internal legal team in identifying, mitigating, and protecting the Bank against legal risks.
  • Assists the internal legal team with corporate, legal, and regulatory matters affecting the Bank and its subsidiaries, including, but not limited to, general contracts, third-party agreements, vendor-supplier relationships, management of external counsel, litigation and dispute management, industry-related compliance issues, and intellectual property matters.
  • Maintains expertise in industry-related legal, governance, compliance, and regulatory issues, and helps ensure that all organizational activities are conducted in compliance with applicable local, state, and federal laws and regulations governing the business, operations, and activities of BankUnited and its subsidiaries.
  • Participates in the development and implementation of policies and procedures that are consistent with the objectives established by BankUnited's Board of Directors and senior management.
  • Drafts key legal documents, provides clear recommendations, and ensures legal and regulatory compliance.
  • Remains informed of legislation, regulations, and other developments affecting the operations and interests of the Bank and its subsidiaries.
  • Attends and actively contributes to various meetings.
  • Adheres to and complies with applicable, federal and state laws, regulations and guidance, including those related to anti-money laundering (i.e. Bank Secrecy Act, US PATRIOT Act, etc.).
  • Adheres to Bank policies and procedures and completes required training.
  • Identifies and reports suspicious activity.

SUPERVISORY RESPONSIBILITIES

  • Supervises function, projects or services and/or one or more employees, as applicable.
  • Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws.
  • Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance coaching; rewarding and disciplining employees; addressing complaints and resolving problems.

QUALIFICATIONS

Education

  • Must be a graduate of an accredited law school, be admitted to and in good standing with the bar of a US state.

Experience

  • At least 5 - 7 years of experience as a practicing transactional attorney with a top law firm and/or the in-house legal department of a large business with multistate operations

Licenses and Certifications

  • Admitted to and in good standing with the bar of a US state

Knowledge, Skills, and Abilities

  • Implementation and use of Contract Lifecycle Management systems
  • Implementation and use of AI-enable tools for contract drafting and review

Additional Information

  • Candidates residing in locations within BankUnited's footprint may be given preference.
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Skills Required

  • Graduate of an accredited law school
  • Admitted to and in good standing with the bar of a U.S. state
  • At least 5–7 years of experience as a practicing transactional attorney at a top law firm or in-house legal department of a large business with multistate operations
  • Experience implementing and using Contract Lifecycle Management systems
  • Experience implementing and using AI-enabled tools for contract drafting and review

BankUnited Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about BankUnited and has not been reviewed or approved by BankUnited.

  • Healthcare Strength — Healthcare coverage is positioned as comprehensive, with medical, dental, and vision options plus disability and life insurance. Wellness programming is described as robust, including incentives, screenings, and on-site fitness facilities at the corporate center.
  • Retirement Support — Retirement support includes a 401(k) plan with a company match and relatively quick eligibility after one month. Auto-enrollment and auto-increase features are described, which can help employees build savings consistently.
  • Leave & Time Off Breadth — Time-off offerings are described as broad, including a sizable PTO range by level and paid holidays. Additional time-off programs such as volunteer time and flexible/hybrid/remote arrangements are also described for eligible positions.

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The Company
HQ: Miami Lakes, FL
1,635 Employees
Year Founded: 2009

What We Do

BankUnited, Inc., with total consolidated assets of $35.2 billion at March 31, 2021, is a bank holding company with one wholly owned subsidiary, BankUnited. BankUnited, a national banking association headquartered in Miami Lakes, Florida, provides a full range of banking services to individual and corporate customers through banking centers in Florida and New York. The Bank also provides certain commercial lending and deposit products on a national platform. Here at BankUnited, we endeavor to provide, through experienced lending and relationship banking teams, personalized customer service and offer a full range of traditional banking products and services to both commercial and retail customers.

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