Santander Bank, NA Sr. Legal Counsel - Legal Shared Services in Boston, Massachusetts

Sr. Legal Counsel - Legal Shared Services - 1804741



About the Role:

This is a position within Santander Bank’s Legal team, reporting to the Deputy General Counsel for Corporate Shared Services. The team is part of the Legal department and partners with the Bank’s business units for outsourcing transactions. The incumbent will be responsible for drafting, reviewing and negotiating third party supplier contracts and related documents for technology, retail, human resources, and risk product and service transactions.

Primary responsibilities:

  • Draft, review and negotiate third party supplier contracts for technology, retail, human resources, and risk product and service transactions.

  • Structure and negotiate inter-company transactions in support of a complex corporate model that outsources its operations and technology to various affiliates. Address all regulatory issues (primarily Regulation W) arising from such transactions.

  • Provide oversight and direction of the process for legal review and negotiation of technology and service contracts.

  • Work with Third Party Provider Risk Management to establish and maintain standards for determining transaction-specific exceptions to standard contract terms.

  • Provide counsel on corporate governance issues, in particular, with regard to third party relationships, privacy and data security. Such governance includes adherence to requirements set forth in addressed in OCC Bulletin 2013-29, CFPB Bulletin 2013-03, and Federal Reserve Guidance on Managing Outsourcing Risk 12.5.13, among others.

  • Support the continued enhancement of standard contract forms to address changing regulatory requirements, business needs and industry standards.



Basic Qualifications

  • Bachelors or equivalent; Juris Doctorate or equivalent from an accredited law school

  • At least 5 years of experience practicing in a law firm or in-house corporate environment in banking or the financial services industry.

  • Active and current license to practice law in a state within the Bank’s footprint

  • Self-motivated with ability to work independently, take ownership for tasks and be accountable for results and performance.

  • Advanced Microsoft Office (Outlook, Word, Excel & PowerPoint) and Sharepoint experience

  • Experience interacting with internal clients and senior management

  • Excellent written/verbal communication, interpersonal and presentation skills

  • Strong drafting and negotiation skills

Preferred Qualifications

  • Independent problem solving skills and strong issue identification skills and excellence in drafting and negotiating

  • Strong analytical capability and demonstrated ability to manage high volumes of detailed information

  • Strong understanding of intellectual property, privacy and data security, as well as a demonstrated ability to evaluate legal risks in consideration of business needs and regulatory requirements

  • Strong written and oral communication skills, including drafting skills, and ability to effectively interact with staff, senior management, and internal clients

Job : Legal
Primary Location : Massachusetts-BOSTON


Organization : Legal & Corp. Affairs (8830)
Schedule : Full-time
Job Posting : Sep 6, 2018, 2:01:17 PM