Senior Legal Counsel
UMB Bank · Kansas City, MO · 1 wk ago
Legal$177k–$260k/yrFull-time
This Senior Legal Counsel – Commercial provides practical legal advice and strategic counsel to business leaders and colleagues on commercial lending, banking, compliance, and risk matters. This role serves as a trusted advisor to assigned lines of business, with a primary focus on commercial lending documentation and related transactions.
Responsibilities
- Identify, research, and analyze various complex legal and regulatory issues; provide business-focused recommendations on mitigation of associated risk while assuring legal compliance.
- Advise and counsel assigned lines of business on key legal issues and emerging trends related to commercial lending and banking matters.
- Review, negotiate, and draft agreements with a heavy emphasis on documentation supporting the bank’s commercial lending activities, including loan documentation and loan portfolio management.
- Manage the engagement of outside counsel, participate in the negotiation of loan documentation, and act as a liaison between senior leaders and outside counsel to advise assigned lines of business regarding risk.
- Participate in projects and process improvements.
- Collaborate with different lines of business and corporate support functions to ensure operations and strategies comply with applicable laws, regulations, and the highest standards of ethics and integrity.
- Develop in-depth substantive knowledge of assigned lines of business’ products, services, and relationships with significant clients.
- Serve as a legal advisor to senior leaders and be the primary consultant for internal clients on legal issues.
- Monitor and analyze evolving legal requirements, proposed regulations, and legislation in assigned practice areas; advise senior management of potential risks associated with new developments.
- Review and approve legal billing submitted by outside counsel; work with the line of business to correct or address any discrepancies or deviations from corporate policy.
- Other duties as assigned.
Requirements
- JD and licensed to practice law.
- At least 8 years of commercial legal experience; preference for at least 10 years of commercial lending experience.
- Experience in production agriculture and food and agribusiness lending.
- Strong leadership capabilities and the ability to operate both independently and collaboratively.
- Exceptional interpersonal, negotiation, and written and verbal communication skills.
- Strong working knowledge of legal issues in assigned areas.
- Strong skills in relationship building, critical thinking, strategic vision, and ability to mitigate risk in decision-making.
Pay
Compensation Range: $176,796 - $260,029. The posted compensation range represents UMB’s good faith and reasonable estimate based on its budget and what it expects to be the starting pay for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors.
Benefits
- Paid Time Off
- 401(k) matching program
- Annual incentive pay
- Paid holidays
- Comprehensive company-sponsored benefit plan including medical, dental, vision, and other insurance coverage
- Health savings, flexible spending, and dependent care accounts
- Adoption assistance
- Employee assistance program
- Fitness reimbursement
- Tuition reimbursement
- Associate wellbeing program
- Associate emergency fund
- Various associate banking benefits
Benefit offerings and eligibility requirements vary.