Description:

We are searching for an Associate General Counsel III- Commercial Credit. Reporting to the Sr. Vice President, Deputy General Counsel, this individual will be responsible for providing legal support for a suite of commercial technology systems which facilitate online loan application, loan documentation, cash management services, DocuSign/EVault and related IT initiatives related to commercial loans. Some consumer loan technology support is also involved. This attorney works closely with IT product teams to assist with implementation of regulatory changes as they impact lending technology systems.

This position will also be responsible for records management, legal holds and data privacy programs and managing internal due diligence processes, insurance renewals and other duties as assigned. This position will also provide support to the attorney supporting the bank's commercial credit department.

Day-to Day-Duties and Responsibilities:

Act as primary legal liaison for Information Technology department, provide legal support for technology initiatives provided by the bank in its role as a service provider, including but not limited to loan origination and document generation technology for commercial and consumer financing and real estate transactions with an emphasis on agricultural loans. Span of technology support will cover the entire loan life cycle from application and early disclosures, to closing documentation and post-closing and/or servicing activities, including cash management/online platform, E-signature, application portal and E-Vault.
Operate as part of a team to ensure alignment between technology roadmap and third-party user business practices. Work with the Bank's compliance and documentation testing team to identify and resolve issues and validate enforceability and compliance. Serve as s subject matter resource on compliance regulations including the CFPB Small Business Lending Data Collection Rule, TILA, RESPA, TRID Rules, ECOA, FCRA, HMDA and other consumer and commercial regulations, as well as applicable A Finance Service Company Administration regulations. Monitor and implement new regulations and perform legal research on regulatory issues pertaining to commercial and consumer loans.
Perform additional tasks as necessary to fulfill the functions of the Legal department. This may include responsibility for legal support of the Bank's records management, legal holds and data privacy programs, responding to internal due diligence requests and oversight of the Bank's insurance coverages. Assist in the analysis of new regulatory requirements and draft comments to proposed rules, and develop policies, procedures and other documentation.
Upon request, provide back-up legal support to the Credit department in structuring, negotiating and documenting complex commercial agricultural and agribusiness lending transactions, such as loans to family and large production operations, including farms, ranches, feedlots, dairies, and processing units. This may include drafting opinions on compliance of loans and loan participations with the scope and eligibility rules, as well as supporting the bank's General Finance Agreements, Master Participation Agreements and other related credit support tasks.

What You Bring to the Team:
Our ideal candidate lives within a commutable distance from our office in Austin, Texas and appreciates the value of the hybrid work schedule, while recognizing that the position requires regular onsite collaboration.

It is an important role that covers many skills. This position requires:

Bachelor's degree and Juris Doctor Degree or equivalent and licensed to practice law in the State of Texas with 5 - 10 years of related experience in commercial loan documentation
Experience drafting and negotiating complex commercial loan documentation is required
Support and/or familiarity with commercial or consumer lending systems technology is preferred
Consumer lending experience is helpful but does not substitute for commercial lending requirements
Familiarity with agricultural and agribusiness lending and/or previous work experience within a regulated bank or financial services institution is beneficial.
Experience drafting and negotiating complex commercial loan documentation is required.
Support of and/or familiarity with commercial or consumer lending and loan documentation technology is preferred.
Familiarity with agricultural lending and the Farm Credit Act and regulations is preferred.
Excellent oral and written communication skills and the ability to develop positive working relationships are required.