Assistant General Counsel - Procurement Legal Group

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.Job Description:At Regions, an Assistant General Counsel will have the opportunity to provide legal advice and guidance to clients and colleagues on a wide variety of legal issues. The Legal Department is focused on attracting, retaining, and developing great people in an inclusive environment where each person is valued for the distinct skills and attributes they bring to the team. Please see additional information regarding this position listed below skills/competencies.Primary ResponsibilitiesAssists and partners with business units to provide practical legal advice on issues related to complex business and banking mattersProvides strategic, pragmatic, and trusted legal advice to business unitsAdvises management as to the interpretation of laws and regulations and on new and recent changes in laws and regulations that affect the BankMonitors and remains up to date on emerging legislative developments that may affect the BankParticipates in line of business-initiated projects such the drafting of policies and procedures on new regulations and amendments or new interpretations of existing regulationsProvides seasoned assessment of legal risk when business decisions are made, demonstrating consideration for the Bank’s reputation as well as our clients and assetsMay work with outside counsel on legal issues impacting the BankMay lead other Assistant General Counsel, specialist, or paralegal staffMay provide assistance with training bankers, associates, operational staff, and customer support staff on legal issuesThis position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.This position is incentive eligible. RequirementsLaw DegreeLicensed in good standing to practice law in at least one jurisdictionSix (6) years of legal experience at a regulatory agency, in the financial services industry, or at a law firm with strong knowledge of bank regulations or other relevant practical legal experienceSkills and CompetenciesAbility to assimilate and analyze facts and present complex issues in a clear and concise manner and provide succinct results-oriented legal adviceAbility to build strong partnerships with business colleagues to drive resultsAbility to manage a high-volume workload and reach prompt, pragmatic decisionsAbility to work in a collaborative environment with multiple stakeholdersAdvanced analytical, research, decision-making and problem-solving skills combined with effective time management and project management/planning skillsDemonstrated ability to comfortably operate in a constantly changing environmentExcellent verbal and written communication skillsStrong organizational skillsAdditional Responsibilities:• Drafts, reviews, negotiates, and approves a broad range of vendor contracts, including master agreements, statements of work, subscription agreements, software licenses, and nondisclosure agreements.• Partners with Procurement, business stakeholders, Cyber Security, Privacy, Third Party Risk Management, Compliance, and other control functions to identify and mitigate legal and regulatory risks.• Advises on contract provisions involving data privacy, information security, artificial intelligence, intellectual property, confidentiality, and regulatory compliance.• Balances legal risk management with business objectives to facilitate timely execution of strategic initiatives and vendor relationships.• Develops and maintains contract templates, negotiation guidance, playbooks, and other tools to drive consistency, efficiency, and risk mitigation.• Supports enterprise initiatives by assessing contractual, operational, and legal risks associated with new products, services, and technologies.• Manages complex negotiations with vendors and internal stakeholders while providing practical, business focused solutions.• Monitors legal and regulatory developments affecting third party contracting and procurement practices and advises on necessary process or contract updates.• Contributes to continuous improvement efforts by enhancing contracting processes, reporting, training, and governance to improve efficiency and strengthen risk management.Position TypeFull timeCompensation DetailsPay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.Job Range Target:Minimum:$110,470.25 USDMedian:$157,150.00 USDIncentive Pay Plans:This role is eligible to participate in the annual discretionary incentive plan. Employees are eligible to receive a discretionary award based on individual, business, and/or company performance.Opportunity to participate in the Long Term Incentive Plan.Benefits InformationRegions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.Paid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer ProgramPlease note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.Location DetailsRegions CenterLocation:Birmingham, AlabamaEqual Opportunity Employer/including Disabled/VeteransJob applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.SummaryLocation: Birmingham, AL - Regions Center; Charlotte, NC - Charlotte Uptown Branch; Atlanta, GA - Regions Plaza OfficeType: Full time