Senior Law Project Staff Attorney
Company: Flagstar Bank
Location: Troy
Posted on: May 8, 2024
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Job Description:
The Senior Attorney 1- Litigation will be a member of the Legal
Department's Litigation team and will primarily be responsible for
providing legal support to the Litigation section of the Legal
department at Flagstar Bank. In this position, the successful
candidate will partner with members of internal business units,
outside Legal counsel and other members of the Legal team. The
Senior Attorney 1 - Litigation will review and manage litigation
and pre-litigation matters. Acts as a liaison between business unit
members and management, and outside counsel on threatened or
pending litigation involving the bank. This will include providing
timely review, analysis and providing legal advice and
recommendations to the business areas, developing litigation
strategies, reviewing and approving all pleadings and managing
outside counsel engaged to represent Flagstar. This individual will
have direct experience working for a practice group at a large bank
and/or mid to large law firm providing litigation support to
financial institutions, and be familiar with current market
practice, litigation trends, applicable state and federal banking
and mortgage-related regulations and guidance issued by relevant
financial services banking and mortgage trade associations.
Confers with impacted business lines, management and other legal
counsel on a variety of legal matters. -
Identifies risks and proposes alternative structures to mitigate
risks involved in potential transactions.
Oversees legal processes and refers litigation matters to outside
counsel, as appropriate.
Ensures legal compliance with all documentation and processes.
Reviews internal documents, legal pleadings; draft routine
documentation.
Oversees the development, use and maintenance of standardized
documents.
Assists in the selection and recommendation of outside legal
counsel for various pending and threatened litigation matters;
assists in evaluating and providing feedback to outside counsel;
advises impacted business units.
Stays current on all relevant caselaw, state and federal
regulations, and any changes that may affecting/impact the various
business lines and company practices.
Job Requirements:
- Juris Doctorate - Required
- Licensed attorney in good standing in the United States, with
membership in, or ability to become a member of, the State Bar of
Michigan.
-7+ years corporate experience at a large bank or law firm focused
on financial services, banking and/or mortgage lending.
- Documentation experience should include primary drafting
responsibilities for litigation matters, motion and trial
practice
- Juris Doctorate from an accredited law school Member in good
standing of bar of state in United States, with ability to become a
member of the State Bar of Michigan through corporate affiliation
or reciprocity
- Exhibits sound practical judgment
- Proven analytical and organizational skills
- Proven ability to handle projects from inception to conclusion in
a timely manner
- Easily able to multi-task, prioritize and adapt to new demands,
and communicate complex ideas in an understandable manner
- Demonstrated verbal and written communication skills with the
ability to communicate with all levels of the organization
- Solid problem solving and conflict resolution skills
- Understands how litigation issues impact business operations and
is able to provide the business units analysis and recommendations
without delay
- Staff member is expected to consistently adhere to regulatory and
compliance policies and standards linked to their job as listed.
Staff member will not repeatedly act in a manner signifying
intentional or willful noncompliance, nor exhibit gross negligence
or a general disregard for compliance and regulatory standards.
Staff member must ensure compliance with applicable federal, state
and local laws and regulations. Staff member must complete all
required compliance training on a timely basis. Staff member will
maintain knowledge of and adhere to Flagstar's internal compliance
policies and procedures. Staff member must take responsibility to
keep up to date with changing regulations and policies.
- This is an In-Person (NOT remote) position, located at Flagstar's
regional headquarters in Troy, Michigan.
Keywords: Flagstar Bank, Southfield , Senior Law Project Staff Attorney, Legal , Troy, Michigan
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