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<b>Senior Deposits and Payments Counsel </b>
<br> The Senior Deposits and Payments Counsel will act as part of a team of attorneys that supports various business units on Treasury Management, Payments, Card, and Deposit Products and Services.
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<b>Position Competencies</b>
<br> This attorney position requires the highest level of legal analysis, integrity, trust, and judgment. The position requires an attorney that is collaborative and able to work independently in a fast-paced environment with excellent oral and written communication skills, the ability to learn new areas of law and emerging technologies quickly, business acumen, political savvy, and an ability to anticipate and meet the needs of client groups with a level of flexibility.
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<li>The ideal candidate for this attorney position requires the following expertise:</li>
<li>In-depth knowledge of the applicable laws, regulations, and rules, impacting Commercial and Consumer Deposits and Payments, such as TISA, Regulation CC, Regulation E, NACHA Rules, and CHIPS Rules.</li>
<li>Experience supporting commercial and consumer deposit products, including drafting deposit account agreements and disclosures, providing guidance on customer on-boarding, and advising on dispute resolutions, as well as day-to-day legal support for consumer-facing colleagues.</li>
<li>The attorney must be highly collaborative with the lines of business, risk and compliance functions, and other attorneys within the bank and have a willingness to work together to provide legal guidance and solutions.</li>
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<b>Position Responsibilities</b>
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<li>Provide legal support, advice, and counsel to Retail and Commercial Deposits and Payments lines of business and senior management on legal issues and risks associated with critical, complex, and sensitive matters, and provide appropriate counsel and guidance to identify and mitigate potential risk or significant impact to the Bank.</li>
<li>Draft, negotiate, and provide legal guidance on contracts, disclosures, and arrangements for the Retail and Commercial Deposits and Payments lines of business. </li>
<li>Provide legal guidance on the laws, regulations, and rules applicable to deposit and payment products, services, and activities.</li>
<li>Provide legal assistance and support for the development of new products and services by the Retail and Commercial Deposits and Payments.</li>
<li>Assist in the development and implementation of policies, procedures, and best practices, and advise business units and senior management of potential legal risks and implications of the same.</li>
<li>Participate in and provide subject-matter legal guidance on any remediations, compliance, and regulatory matters impacting deposits and payments products or services.</li>
<li>Partner and collaborate with other attorneys and groups in the Corporate Legal department to help ensure that Retail and Commercial Deposits and Payments lines of business achieve the appropriate legal guidance and support.</li>
<li>Assign, manage and monitor matters assigned to outside counsel.</li>
<li>Administrative matters and other duties and responsibilities that may be assigned or arise from time to time.</li>
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<b>Position Qualifications</b>
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<li>Juris Doctorate or Master of Laws degree from an ABA accredited law school</li>
<li>Active member in good standing with the state bar association Texas or, if licensed in another state, able to qualify for admission within a reasonable time</li>
<li>5 years of experience with either a U.S. law firm and/or in-house legal department with a focus on deposits and payments or related matters</li>
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<b>The position is intended to be a hybrid role based in Dallas, Texas but the employer may be open to remote work, however, a location in the Comerica Bank's main markets (Texas, Michigan, California, or Florida) is preferred.</b>
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</div>Comerica Bank Tower
<br> 8:00am - 5:00pm Monday - Friday
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