Associate General Counsel, Lending, SVP

Signature BankNew York, New YorkFull TimeOn Site

About the job

Did you know?

There has never been a better time to join Flagstar Bank! On March 20, 2023, Flagstar Bank, N.A, the wholly owned subsidiary of New York Community Bancorp Inc., acquired substantially all of the deposits and certain loan portfolios of Signature Bridge Bank, N.A., which now operates as Flagstar.

With this transaction, Flagstar is now one of the largest commercial banks in the country, with a fortress-like balance sheet, strong liquidity, and excellent asset quality metrics. The regulatory approval of the acquisition clearly reflects the strength of the combined institution. Our clients continue to be serviced by their Private Client Group in the same client-centric single-point-of-contact strategy that Signature Bank was known for over the last two decades.

Our employees remain a critical foundation of our organization, with enhanced opportunities for career development, while participating in top-tier benefits plans. Apply today for immediate consideration below!

What you should know about our Associate General Counsel, Lending role -

In this position within the Legal Department supporting Flagstar’s Commercial & Private Bank, you will provide primary transactional and strategic legal support and oversight as the Associate General Counsel, Lending with a focus on supporting the various lending businesses under the Commercial Bank.

Primary responsibilities include:

Provide legal advice and counsel on a variety of matters relevant to the commercial lending activities of the bank.
Advise and counsel commercial lenders and bankers on structuring and documenting a variety of credit and banking transactions.
Provide transactional support, including the review, negotiation and drafting of various credit and collateral documentation, confidentiality agreements, term sheets, commitment letters, assignments, amendments, and waivers.
Oversee and manage internal and external counsel handling commercial lending matters.
Advise Special Assets and Collections colleagues on troubled credit situations, waivers, amendments and forbearance agreements.
Maintain standard commercial loan documentation and procedures relevant to businesses covered.
Coordinate appropriate legal training for lending colleagues

Qualifications:

Minimum 10 years of relevant commercial lending transactional experience practicing at a law firm and/or in-house legal department at a commercial bank or other financial services company.
Ability to exercise good judgment and decision-making skills under pressure
Ability to multi-task and prioritize to meet deadlines
Proficient in Microsoft Office
Juris Doctorate from an accredited institution required
Licensed to practice law in the State of New York

Compensation:

Flagstar Bank offers a base salary in this position with a range of $200,000-$250,000, dependent on qualifications and experience.

For those candidates applying to locations in San Francisco: Flagstar Bank will consider for employment qualified applicants with criminal histories consistent with San Francisco Fair Chance Ordinance and federal laws applicable to Flagstar Bank.

View available Careers with Signature at www.signatureny.com/careers

We are an Equal Opportunity Employer.

First Time Applicants

If interested, please submit your resume online. This is the fastest and most reliable way to be considered for any of our positions. Incomplete applications or those missing required information will not be considered.