COMPANY DESCRIPTION: Forbright is a nationwide full-service bank and commercial lender focused on helping to build a brighter future for our clients and the communities we serve. Forbright is committed to exceptional client service by providing seamless, innovative personal banking services to depositors and creative financing solutions to visionary middle market businesses and investors in healthcare, technology, financial services, real estate, and other industries.
COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.
COMPANY MISSION: We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.
JOB SUMMARY: The Senior Counsel/Associate General Counsel is responsible for providing analysis and counsel for a wide range of legal matters, including advising on pre-litigation disputes, litigation, and consumer regulatory matters, as well as anticipating and guarding against legal risks facing the Bank.
JOB SUMMARY: The Senior Counsel/Associate General Counsel is responsible for providing analysis and counsel for a wide range of legal matters, including advising on pre-litigation disputes, litigation, and consumer regulatory matters, as well as anticipating and guarding against legal risks facing the Bank.
DUTIES AND RESPONSIBILITIES:
Interact with and correspond with external parties, including regulators
Oversee strategy and manage outside counsel in handling litigation, routine subpoenas, and government subpoenas and investigations
Work with Deputy General Counsel and other members of the Legal team to provide risk assessments and form appropriate litigation strategy
Maintain legal files and litigation summaries
Analyze and respond to various legal correspondence, including attorney demand letters
Manage escalated consumer complaint responses
Collaborate cross-functionally with Compliance/Licensing, Operations, Servicing, and other groups to advise on federal and state consumer regulatory compliance, including state and federal privacy law
Present on compliance, legal, and complaint matters, as requested
Ensure timely identification, mitigation, and resolution of existing and emerging legal issues and risks, and escalating appropriate issues as needed
Support the continuous improvement of the Company's legal processes
Keep informed of industry-specific regulations to ensure that appropriate risk management strategies are in place
Assist with NDAs, service level agreements, and other types of commercial agreements
Perform other duties as assigned
QUALIFICATIONS:
Juris Doctor (JD) Degree; membership in good standing in a state bar association required
Minimum of 6-8 years of experience practicing litigation
Minimum of 2 years working in (or with) the financial services and/or tech industries
Deep understanding of consumer regulatory issues as they relate to consumer lending or servicing required
Proven experience with defending companies in consumer litigation, as well as pre-litigation disputes
Experience practicing in-house as a financial services regulatory lawyer, with specific experience in consumer lending, and a strong understanding of how to apply and navigate the state and federal regulations around financial services and technology preferred
Experience reviewing and negotiating NDAs, service level agreements, licensing agreements, partnership agreements and/or other types of commercial agreements preferred
Experience working in the Solar or Home Improvement space preferred
Experience with state and federal privacy laws and regulations preferred
Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
Excellent verbal, written, and interpersonal communication skills
Strong organizational skills and attention to detail
Outstanding problem-solving and time management skills
Self-motivated, self-directed, and results-oriented
Adaptable and able to multitask in a fast-paced environment
Can work independently and within a team; solution-oriented with a collaborative approach
The pay range for this position is below. The specific rate will depend on the successful candidate’s qualifications and prior experience. The base salary range for this position is $150,000 - $175,000 for Senior Counsel and $170,000-$220,000 for Associate General Counsel.
POSITION REQUIREMENTS: We are committed to creating an inclusive workplace where all employees are capable of performing their job position. Work is primarily conducted in an office setting while certain positions may allow for remote work through the use of technology at management discretion. The functions described below are representative of those to successfully perform duties of this job. Reasonable accommodations may be made to enable employees to perform the essential functions. While performing duties of this job, the employee may be regularly required for extended periods of time to:
• Remain in a stationary position
• Use hands and fingers
• Utilize a computer monitor with visual acuity
• Operate technology or other office machinery such as printers, scanners, etc.
• Communicate clearly verbally and/or in writing with others
ADDITIONAL DUTIES: For Forbright Bank to remain efficient and nimble as a growing organization, team members are expected to exhibit a high level of flexibility regarding any duties that may be situationally assigned outside of this job description.
PERKS/BENEFITS:
• Comprehensive health, dental, and vision plans
• 4 weeks PTO
• 401k + company match
• Metro SmartTrip benefits ($50/mo)
• Remote or hybrid work schedules for most positions
• Incentives for purchasing solar panels, electric vehicles, biking to work, etc.
• Paid subscriptions to Veterans Compost, Capital Bikeshare, Imperfect Foods reimbursement, and more!
• Best Workplaces for Commuters 2023 & 2024 winner
• The Washington Post Top Workplaces 2023, 2024, and 2025 winner
• American Banker Best Banks to Work For 2023 winner
It is the policy of Forbright Bank to provide equal employment opportunities to all qualified individuals and to administer all aspects and conditions of pre-employment and employment without regard to protected characteristics.
Employment with Forbright Bank is at-will, which means that either you or the Company may terminate the relationship at any time.
By applying, you acknowledge that you have reviewed our CCPA Privacy Notice.
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