Counsel II - Enforcement & Investigations Unit
Company: Sacred Heart University
Location: Boston
Posted on: October 24, 2024
Job Description:
The Commonwealth of Massachusetts Division of BanksCounsel II -
Enforcement and Investigations Unit - (240008UH)DescriptionThe
Division of Banks is currently accepting applications for the
position of Counsel II in the Enforcement & Investigation Unit.
This role will provide various levels of legal support to the
Division's Consumer Assistance and Enforcement & Investigations
functions.About the Division:As an employee of the Division of
Banks, you will contribute to the mission of the Division of Banks
by ensuring a sound, competitive, and accessible financial services
environment throughout the Commonwealth. The Division maintains
public confidence in Massachusetts financial institutions through
the oversight of state-chartered banks and credit unions as well as
non-depository licensees doing business in Massachusetts. We are a
consumer protection agency and we support financial literacy
education and programs benefitting residents across the
Commonwealth. The majority of the Division's employees are
Examiners who conduct a variety of on-site and off-site
examinations of financial institutions and licensed entities under
the Division's jurisdiction.At the Division of Banks every
employee's ideas and experiences are welcomed. We value and respect
that each individual brings different skills and perspectives that
uniquely contribute to our agency and the work that we do. It is
important that each employee feel empowered to contribute as this
allows for more effective collaboration and better results. Within
our workplace community, we offer a variety of training and
mentoring to create and maintain learning environments that are
inclusive, equitable, and welcoming.To learn more about the
Division of Banks, click here .As a Counsel, you can expect to:
- Provide legal support and answer legal questions from staff
involved in the Consumer Assistance and Enforcement functions of
the agency.
- Prepare legal documents relating to enforcement actions taken
by the Division.
- Interface with staff at other agencies involved in financial
regulation and consumer protection.
- Occasionally represent the Division at various hearings
relating to enforcement actions.Consider joining our team if you:
- Are interested in a public position and enthusiastic about
serving the public good.
- Are interested in the supervision and regulation of the
banking, credit union, and financial services industries.
- Have experience in financial, banking, or administrative
law.
- Have experience in litigation.
- Are eager to embrace new challenges and learning opportunities
while working in a team environment.
- Have a proven ability to research and develop solutions for
problem areas encountered; perform thorough analysis of complex
legal issues and identify proposed solutions to same; and exercise
discretion and sound judgment.
- Are able to successfully interact with people at high levels of
authority outside the agency and maintain effective relationships
despite conflict situations.
- Are an effective writer who is able to express complex topics
or instructions in a concise and clear manner.Preferred
Qualifications:We encourage individuals who believe they have the
skills necessary to thrive to apply for this role, even if you
don't meet 100% of the job qualifications.
- Extensive and thorough knowledge of Massachusetts and Federal
Banking Law, structure of state and federal banking institutions
and licensed entities, and legislative processes. Familiar with
principles of Administrative Law, Commercial Law, financial
analysis, and principles of bank and licensee operations and
management.
- Experience in financial, banking, or administrative law.
- Ability to anticipate and analyze difficult situations and take
corrective action to prevent problems from occurring.
- Ability to exercise discretion in safeguarding information
through compliance with rules of disclosure.
- Willing and able to travel throughout the Commonwealth of
Massachusetts and travel out-of-state with some overnight stay
(dependable way to travel to multiple sites around Massachusetts is
required; driver's license and access to a vehicle are
recommended).Work/Life Balance:
- Hybrid Position: Division staff have the opportunity to work
from home but also are periodically required to be on site at a
regulated institution, or one of our four regional offices (Boston,
Lakeville, Woburn, or Springfield). Some out of state travel may be
required.
- Flexible Schedule: Division staff have various options for:
start and end times; and every other Friday off.The Counsel II
position is a union role in the National Association of Government
Employees (NAGE) Unit 6 and is covered by the union contract and
benefits. This position has a salary range of
$84,243.38-$122,903.04 (Grade 17). Salary (step) placement will be
determined based on experience.Primary Duties:
- Work with and provide support to field staff and Consumer
Assistance Unit staff regarding legal research and interpretation
on findings from examinations and consumer complaints.
- Provide legal support services to the Division of Banks'
enforcement unit and field examination staff for all facets of
state and federal banking law including mortgage lender, broker,
and loan originator regulations.
- Draft regulatory enforcement orders and consent agreements,
working closely with the Non-Depository Institution Supervision and
Depository Institution Supervision sections of the Division.
- Interface with attorneys representing licensed entities in the
enforcement process and related follow up communications.
- Respond to requests for legal advice and information from
regulated entities, industry representatives, attorneys, and
consumers regarding statutes, regulations, and interpretations to
regulated financial institutions and licensees.
- Ensure that accurate legal information reflecting the position
of the Division is conveyed and correctly interpreted within the
industry.
- Interface with various state and federal regulators, including
the CFPB, FDIC, HUD, Federal Reserve Bank, CFPB, Office of the
Comptroller of the Currency, and National Credit Union
Administration to review regulatory enforcement action and other
legal matters.
- Participate in administrative/adjudicatory hearings relative to
the issuance, suspension, or revocation of licenses to the over
3,500 regulated licensees and more than 4,000 licensed loan
originators under the jurisdiction of the Division. Act as various
roles at administrative/adjudicatory hearings, including
prosecuting counsel.The filling of this position is subject to
appropriation and obtainment of all necessary approvals from the
Office of Consumer Affairs and Business Regulation and the
Executive Office for Administration and Finance. The Division
reserves the right not to fill this position without notice. This
position will report directly to a Regional Field Manager within
the examination unit.QualificationsFirst consideration will be
given to those applicants that apply within the first 14
days.MINIMUM ENTRANCE REQUIREMENTS: Applicants must have a Juris
Doctor (JD) degree, admission to the Massachusetts Bar and (A) at
least three years of full-time, or equivalent part-time,
professional experience in the practice of law.Incumbents may be
required to have a current and valid Motor Vehicle Drivers License
at a Class level specific to assignment.When you embark on a career
with the Commonwealth, you are offered an outstanding suite of
employee benefits that add to the overall value of your
compensation package. We take pride in providing a work experience
that supports you, your loved ones, and your future.An Equal
Opportunity / Affirmative Action Employer. Females, minorities,
veterans, and persons with disabilities are strongly encouraged to
apply.The Commonwealth is an Equal Opportunity Employer and does
not discriminate on the basis of race, religion, color, sex, gender
identity or expression, sexual orientation, age, disability,
national origin, veteran status, or any other basis covered by
appropriate law. Research suggests that qualified women, Black,
Indigenous, and Persons of Color (BIPOC) may self-select out of
opportunities if they don't meet 100% of the job requirements. We
encourage individuals who believe they have the skills necessary to
thrive to apply for this role.Official Title: Counsel IIPrimary
Location: United States-Massachusetts-Boston - 1000 Washington
StJob: Legal ServicesAgency: Division of BanksSchedule:
Full-timeShift: DayJob Posting: Oct 17, 2024, 10:21:01 AMNumber of
Openings: 1If you have Diversity, Affirmative Action or Equal
Employment Opportunity questions or need a Reasonable
Accommodation, please contact Diversity Officer / ADA Coordinator:
Jennifer DeWitt - 6179561549Bargaining Unit: 06-NAGE - Professional
Admin.Confidential: NoPotentially Eligible for a Hybrid Work
Schedule: Yes
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Keywords: Sacred Heart University, Brockton , Counsel II - Enforcement & Investigations Unit, Legal , Boston, Massachusetts
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