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Fifth Third Bank, N.A. Assistant General Counsel - Embedded Payments in United States

Make banking a Fifth Third better®

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

GENERAL FUNCTION:

Represent Fifth Third Bancorp and affiliates in Wholesale Payments area of law with a particular focus in e mbedded Payments . Acts as lead in house counsel to senior management, Newline LOB , human resources, and manage outside counsel representation regarding a variety of highly complex legal matters related to embedded payments .

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues ,and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Provide legal guidance and counsel to specific department, division, line of business, etc. Works with representatives from various departments on developing /modifying policies and procedures where necessary. Perform all necessary legal research for area of responsibility.

  • Receive complaints and distribute them to either in-house counsel or assign cases to appropriate outside counsel. Coordinate litigation list input and status updates. Acts as a liaison with outside law firms.

  • Maintain an up to date awareness of all new and changing laws and legislation to protect the Bancorp from potential litigation.

  • Manage all legal issues and litigation for a specific area of responsibility.

  • Oversee preparation, filing and tracking of all legal documents and proceedings.

  • File all necessary legal/regulatory applications on behalf of Fifth Third Bank.

  • Assist in the negotiation and closing of acquisition and disposition transactions.

  • Investigate or assist in the investigation of complaints or allegations against the bank.

  • Can manage department employees:

  • Manages the staffing, performance and salary administration for the group.

  • Allocates and reviews work, provides training, works with staff to set and achieve objectives, and guides and advises subordinates for individual development.

  • Motivates the employees in the area through decisions regarding pay, placement, and promotions.

  • Responsible for reviewing all contracts for various areas of the bank.

  • Proactive surveillance of regulatory changes to the environment

  • Interpretation of regulatory changes identified

  • Oversee and approve regulatory inventory

  • Ongoing guidance of the Interpretation for regulatory requirements and impacted changes.

SUPERVISORY RESPONSIBILITIES:

Responsible for providing employees timely, candid and constructive performance feedback; developing employees to their fullest potential and provide challenging opportunities that enhance employee career growth; developing the appropriate talent pool to ensure adequate bench strength and succession planning; recognizing and rewarding employees for accomplishments.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

  • Minimum 10 years experience preferred.

  • E xperience supporting a Payments LOB strongly preferred.

  • J.D. required.

  • Admission to a state bar.

  • Excellent interpersonal, negotiation, verbal and written communication and presentation skills.

  • Problem resolution and analytical skills and the ability to interact well with all organizational levels.

  • Previous leadership experience preferred or equivalent mentorship/management of project work.

  • Exposure to senior professionals, executive presence needed.

LI-BP1

This role will be posted through 7/31

Assistant General Counsel - Embedded Payments

Total Base Pay Range 120,400.00 - 241,300.00 USD Annual

LOCATION -- Cincinnati, Ohio 45202

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

Introduce yourself to our team to stay connected on future opportunities. We look forward to finding the right place for you. Are you ready to take the next step?

Fifth Third Bank, National Association is one of the top-performing banks in the country, with a history that spans more than 150 years. We’ve staked our claim on looking at things differently to make banking a Fifth Third better. This applies to our relationships with customers and employees alike.We employ about 18,000 people while offering:• A chance for employees to build their future, with supportive career development and comprehensive health and financial wellness programs.• An environment where we win together by celebrating achievements and working collaboratively.• An opportunity to make a difference in a positive and lasting way. Everything we do is geared toward improving lives.We’re proud that Fifth Third is a warm and caring place to grow – as a customer and as a team member.

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