Senior Counsel

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. 

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance.  401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.  We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

Old National’s Legal and Government Relations Department is seeking an attorney with strong academic credentials and appropriate experience, capable of providing legal and regulatory advice and support to our Treasury Management, Merchant Services and Financial Institutions teams as well as the Branch Teams and the Bank generally.   This attorney will have a broad practice range within the Bank but will primarily focus on providing day-to-day support for these teams, and will serve as a trusted, valued and strategic legal partner and advisor to the Bank’s business and operations teams.

Salary Range

The annual salary range for this position is $200,000 - $230,000 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position,

Key Accountabilities

Job Location

The members of our Legal and Government Relations Department currently work in our Chicago, Evansville, Indianapolis, and Minneapolis/St. Paul markets. 

Qualifications and Education Requirements

• Minimum of 10 - 15 years’ experience practicing law full-time in a legal department of a medium or large financial institution, or with a major law firm with substantive experience during that time serving financial institutions.
• Admitted to practice, and in good standing with the bar of one of the states in our footprint, with preference given to Illinois, Indiana or Minnesota, or qualified to be registered to practice as in-house counsel in the applicable state.
• Ability to apply sound legal analysis and practical business judgment to legal matters with a solutions-oriented approach that balances legal and business objectives.
• Ability to consult with and advise Bank management at all levels.
• Strong written, oral and interpersonal communication skills.
• Ability to deliver timely, high quality work product.
• Ability to work independently and collaboratively in a client-focused, team environment. 

Desired Experience

• Strong understanding of applicable federal and state banking laws and regulations and guidance related to commercial banking, treasury management, merchant services, financial institution services, payments, and deposit operations.  
• Familiarity with card brand rules, RTP, NACHA and other evolving payment systems.   
• Experience reviewing, analyzing and drafting complex agreements with commercial clients, payment processors and third parties. 
• Experience reviewing, analyzing and drafting customer disclosures. 
• Knowledge of and experience with treasury management, commercial banking and payments products, and online delivery channels. 
• Experience advising on API-based solutions. 
• Excellent analytical, communication and relationship-building skills. 
• Ability to effectively communicate legal advice and engage with lines of business consistent with the Bank’s culture and business strategy.
• Experience providing day-to-day support on branch questions and operations, deposit services and treasury matters.
• Ability to find efficiencies through preferred types of agreements and processes. 

Essential Duties and Responsibilities Include:

• Provide legal support for Treasury Management, Merchant Services and Financial Institution Group teams, including conducting legal research, advising on applicable laws and regulations, documentation, and procedures.
• Draft, review, and negotiate a variety of agreements and disclosures.  

• Provide legal guidance for product development initiatives, new payment technologies, and digital banking solutions to ensure regulatory compliance and sound risk management. 

• Partner with compliance, risk and operations to develop and maintain effective policies, procedures and contract frameworks. 

• Respond to inquiries from the bank’s branches, help desk and operations areas, providing timely, clear and actionable legal guidance.  

• Monitor emerging legal and regulatory developments affecting commercial banking and payment services and communicate implications to internal stakeholders. 
• Coordinate and work on various legal bank projects as needed.
• Manage paralegals and other staff as well as outside counsel as needed.
• Support other areas of the Bank as needed or requested.

We continually seek highly motivated and talented individuals. Our team members are critical to Old National’s strategy and success. In return, we offer competitive compensation with our salary and incentive program, and a wide variety of benefits including health, wellness, dental and vision options, a comprehensive retirement plan, and a broad range of programs dedicated to ongoing career and personal development, including those focused on leadership, mentoring and skill-building, plus internal networking through our Impact Networks.  We offer a unique opportunity to join a growing, client-focused organization that is firmly rooted in its core values. 

Old National is proud to be an equal opportunity employer.  As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by our Director of Talent Acquisition to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National. Join our team!