Assistant General Counsel - Executive Compensation and Employee Benefits

Location
Birmingham, Alabama
Salary
Open
Posted
Nov 15, 2023
Closes
Dec 16, 2023

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:

In the Regions' Legal Department, 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.  The Legal Department is currently pursuing the Mansfield certification.  Please see additional information regarding this position listed below skills/competencies.

Primary Responsibilities

  • Partners with business units and senior leaders to provide practical legal advice on issues related to complex business and banking matters
  • Provides strategic, pragmatic, and trusted legal advice to business units.
  • Advises management as to the interpretation of laws and regulations and on new and recent changes in laws and regulations that affect the Bank
  • Monitors and remains up to date on emerging legislative developments that may affect the Bank
  • Participates in line of business-initiated projects such as drafting policies and procedures on new regulations and amendments or new interpretations of existing regulations
  • Provides seasoned assessment of legal risk when business decisions are made, demonstrating particular consideration for the Bank's reputation as well as our clients and assets
  • May work with outside counsel on legal issues impacting the Bank
  • May lead and manage other Assistant General Counsel, specialists and/or paralegal staff
  • May provide assistance with training bankers, associates, operational staff and customer support staff on legal issues
  • Provides advanced legal counsel on a wide range of legal issues and works on complex issues where analysis of situations or data requires an in-depth evaluation of variable factors
  • Proactively develops relationships based on trust across the organization; grows internal and external networks

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

  • Law Degree
  • Licensed in good standing to practice law in at least one jurisdiction
  • Eight (8) 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 experience

Skills and Competencies

  • Ability to build strong partnerships with business colleagues in order to drive results
  • Ability to manage a high-volume workload and reach prompt, pragmatic decisions
  • Ability to tactfully navigate complex discussions 
  • Ability to work in a collaborative environment with multiple stakeholders to include senior management
  • Advanced analytical, research, decision-making and problem-solving skills combined with effective time management and project management/planning skills
  • Demonstrated ability to assimilate and analyze facts and present complex issues in a clear and concise manner and provide succinct results-oriented legal advice
  • Demonstrated ability to comfortably operate in a constantly changing environment 
  • Demonstrated ability to lead and manage, formally or informally, other Assistant General Counsel
  • Excellent verbal and written communication skills
  • Possesses unique legal expertise in one or more specialized areas of the law
  • Strong organizational skills

  • Provide legal advice and guidance to Human Resources, Legal, management, and governance colleagues on executive compensation and ERISA/employee benefit matters, including the design, implementation, and administration of executive compensation arrangements, equity plans, excess benefit plans, and other tax-deferred arrangements, ERISA benefit plans, including tax-qualified retirement plans, severance plans, and welfare plans.
  • Assist with the preparation and review of the Company's filings with the Securities and Exchange Commission (proxy, annual, quarterly reports) and stock exchange disclosure and compliance mandates related to compensation and benefit arrangements.
  • Provide legal advice on fiduciary, tax, securities, and compliance matters related to executive compensation and benefits (including ERISA, HIPAA, COBRA, Affordable Care Act, Internal Revenue Code, and other applicable laws).
  • Provide legal advice regarding benefits, compensation, and employment matters in M&A transactions.

This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.

Position Type

Full time

Benefits Information

Regions 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 Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate Volunteer Program

Please 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.


https://www.regions.com/welcometour/benefits.rf

Location Details

Regions Center

Location:

Birmingham, Alabama

Bring Your Whole Self to Work  

   

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

   

OFCCP Disclosure: Equal Opportunity Employer/Disabled/Veterans