Truist Financial

Sr Deposits Attorney

Truist Financial$155K — $185K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Juris Doctorate degree from an ABA-accredited law school and licensed to practice law
  • 8 years of post-bar experience in law firms, government, or corporate settings
  • Superior written and verbal communication skills
  • Strong time management and prioritization abilities
  • Capability to handle a heavy workload and meet tight deadlines
  • Autonomous work style with minimal supervision
  • Team-oriented mindset with excellent interpersonal skills

Responsibilities

  • Provide legal guidance on deposit products, debit cards, and digital banking
  • Review and advise on legislative and regulatory changes
  • Act as a legal consultant on retail and commercial deposit operations
  • Support the development and enhancement of deposit-related strategies and services
  • Draft and review agreements, customer communications, and compliance materials
  • Advise on retail banking operations and customer-impacting processes
  • Counsel clients on legal, regulatory, and reputational risks

Benefits

  • Medical, dental, and vision insurance
  • Life and disability insurance
  • Tax-preferred savings accounts
  • 401k plan with employer contributions
  • Minimum of 10 days of vacation and 10 sick days per year
  • Paid holidays
  • Potential eligibility for pension plans and stock options
Full Job Description

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Truist is seeking an experienced attorney to handle complex legal matters and projects involving deposit products, digital banking, payment services, and related regulatory issues. This attorney will conduct legal research, draft and review high-priority documents, and provide actionable legal advice to business leaders and internal stakeholders on matters that may have significant strategic, operational, regulatory, customer, or financial impact. The role requires strong legal judgment, business acumen, and the ability to translate legal requirements into practical guidance that supports business objectives while managing legal and compliance risk. The attorney will work under general direction from law department management and may consult with outside counsel, draft and negotiate legal documents, and gather information from multiple sources to support legal analysis and decision-making.

****Office centric role located in one of our following offices: Atlanta, GA, Charotte, NC, Winston Salem, NC, Richmond, VA or Washington, DC.
This is not a remote opportunity.****

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time.  
1.    Provide legal guidance and training on consumer and commercial deposit products, debit cards, digital experiences, and system-related matters for product managers, operations partners, and digital execution teams.

2.    Review legislative and regulatory developments and advise business, compliance, risk, and operations Provide legal guidance and training on consumer and commercial deposit products, debit cards, digital experiences, and system-related matters for product managers, operations partners, and digital execution teams.

3.  Legal Consultant to stakeholders on impacts to retail and commercial deposit operations, policies, procedures, and customer communications.

4.   Support the development, implementation, and enhancement of deposit-related strategy, products, services, processes, and customer experiences.

5.  Draft, review, and edit client agreements, disclosures, forms, customer communications, and other business-facing or customer-facing materials. 

6. Advise on core retail banking operations, including deposit servicing, payment processing, account access, funds availability, error resolution, fraud controls, and related customer-impacting processes.

7. Provide legal advice on consumer banking laws and regulations, including Truth in Savings Act and Regulation DD, Electronic Fund Transfer Act and Regulation E, Regulation CC, Check 21, NACHA Rules, and Visa and Mastercard Network Rules.

8. Counsel clients on legal, regulatory, operational, reputational, and customer-impact risks arising from business and strategic decisions, including new products, process changes, and control enhancements.

9. Partner with compliance and risk professionals within Consumer, Small Business, Commercial Deposits, and corporate functions to support consistent and practical interpretation of laws and regulations applicable to products and services.

10. Keep clients and internal stakeholders informed of legal and regulatory developments affecting deposit products, payment services, operations, and customer communications.

11. Support clients and internal stakeholders during regulatory examinations, inquiries, audits, and related remediation or implementation efforts.

QUALIFICATIONS
The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1.    Juris Doctorate degree from an ABA accredited law school and licensed to practice law in good standing
2.    8 years of post-bar experience in a law firm, government, and/or corporate settings.
3.    Possess superior written and verbal communication skills
4.    Ability to prioritize matters, utilize time management skills, and move between matters fluidly
5.    Ability to handle a heavy workload, manage stress effectively and meet critical deadlines
6.    Able to work autonomously without close supervision
7.    Team-oriented mentality and excellent interpersonal skills
8.    Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Preferred Qualifications:

1. More than 8 years relevant legal experience, particularly in consumer banking, deposits, payments, or financial services regulation.

2. Demonstrated ability to identify legal and operational issues, deliver creative and practical solutions, and help streamline processes.

3. Commitment to professional growth and willingness to expand into new areas of legal and regulatory practice.

4. Broad understanding of deposit product and debit card development, digital execution, integration, operations, systems, and procedures, as well as consumer deposit- and payment-related state and federal laws and regulations.

5. Familiarity with regulatory examination procedures, regulatory priorities, supervisory expectations, and related governance and control frameworks.

6. Experience providing legal guidance and training on consumer deposit products, payment services, debit cards, and system-related matters for product managers and digital execution teams.

*****The annual base salary for this position is $155,000 - $185,000. ****

OTHER JOB REQUIREMENTS / WORKING CONDITIONS

Sitting
Occasionally (Less than 25% of the time)
Standing
Occasionally (Less than 25% of the time)
Walking
Occasionally (Less than 25% of the time)     
Bending
Occasionally (Less than 25% of the time)
Lifting
Up to 10 lbs.
Visual / Audio / Speaking
Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
Manual Dexterity / Keyboarding 
Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Availability
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel
Up to 25%

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

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Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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