Job Description:Job Title Cash Management Senior Counsel
Corporate Title Vice President
Location Jacksonville, FL or New York City
OverviewDeutsche Bank's legal department is seeking a qualified attorney located in Jacksonville, Florida to support the Bank's Corporate Banking (CB) business, which consists of Cash Management, Trade Finance, as well as Trust and Securities Services. Your primary focus will be supporting the global Cash Management business. As part of the Corporate Bank legal team, you will provide timely counsel and legal support of domestic and global transactions in a cost-effective manner while owning diverse and complex legal issues that require excellent business judgement. You should also welcome working as part of a highly collaborative and international team.
What You'll Do - Provide day-to-day support across the business including working with the sales, coverage and implementation units in communicating with clients, negotiating changes to both standard regional and global documentation requested by representatives of such clients and proposing and drafting compromise language.
- Advise on applicable regulations impacting cash management services, including: UCC Articles 4, 4A and 9, the NACHA Rules, OFAC and sanctions requirements, electronic signature laws, and payment systems and electronic funds transfer laws.
- Advise on receivables financing, supply chain financing, letters of credit, import/export financing, commodities, risk participations, and various other short-term lending arrangements.
- Identify unusual legal, operational or credit risks and ensure that such risks are appropriately addressed and/or escalated.
- Assist with structuring new business transactions and new product offerings and endeavor to provide legal support without significant reliance on outside counsel.
- Collaborate with strategic partners in various departments, seeking guidance and input from colleagues throughout the organization to ensure solutions balance the Bank's risk framework with the Corporate Bank business needs.
How You'll Lead - Provide advice to senior Legal Department management on transactional legal requirements, best practices and technology tools and solutions
- Collaborate with colleagues globally in the Bank's Legal Department, Technology Data & Innovation (TDI) function and other infrastructure functions
Skills You'll Need - Significant years of relevant experience at a law firm and/or in-house counsel at a financial institution with emphasis on structuring, drafting and negotiating documentation for complex bank finance or commercial transactions. Prefer experience with either cash management transactions including, master cash management agreements, payment services and ACH agreements, wire transfer and electronic funds transfer terms, lockbox, sweep and liquidity products and merchant services, card and digital payment documentation, deposit account control agreements and credit support documentation or trade finance agreements including accounts receivable financing, import/export transactions, letters of credit, security agreements, risk participations, etc.
- Must possess strong communication and drafting skills and demonstrate experience in risk identification and analysis
- JD and at least one state bar admission (active and good standing). Florida or NY preferred but will consider other locations
Skills That Will Help You Excel- Work autonomously with various structuring groups to structure transactions that achieve internal and/or client objectives and manage multiple transactions on accelerated schedules
- Prior in-house in or law firm experience with financial services is a plus
- Ability to collaborate, cooperate and work well with others in a supportive and respectful manner
- Ability to handle and strategically prioritize numerous projects and tasks
- Experience operating in a fast-paced business environment
ExpectationsIt is the Bank's expectation that employees hired into this role will work in the Jacksonville, Florida or New York City office in accordance with the Bank's hybrid working model. The salary range for this position in Jacksonville is $100,000 to $157,000 and New York City is $170,000 to $275,500. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
Deutsche Bank Benefits At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That's why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life
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