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U.S. Bank Head of Legal (EFS) in Loughlinstown, Ireland

A leader in the payments industry, Elavon provides end-to-end payment processing solutions and services to more than one million merchants around the world. If you want to make a difference in your life, your community and your world, join us at Elavon. We know our company is only as strong as our people, and we are committed to your professional growth and success. Elavon is part of the U.S. Bank family, a diverse workplace, where we celebrate the individuality of each member of our global team.

Job Description

The Head of Legal EFS (Elavon Financial Services) role is to act as counsel for European banking operations, and to provide advice, guidance and services to the Bank and its business lines.

Responsibilities

  • Payments and banking regulation: advising business lines on the impact of regulation to include PSD2, CRD/CRR, AML, GDPR and Central Bank of Ireland guidance and requirements; to include new products and processes.

  • Risk Role: acting as liaison to the Risk function in relation to the various risk related routines which impact on the legal function.

  • US Bank Legal Team Role: Provide a fully interactive and readily available resource to the US Bank legal team in Europe and stay up to date with those aspects of EU law that may impact upon the European operations of the bank.

  • Manager of direct reports. Provide leadership, guidance and administrative support to direct reports in the EFS Law Division team.

  • Regulatory Change Management; Oversight of the monitoring and treatment of in-scope issuances and collaboration with RCM and RCS teams in the context of the RCM programme.

  • Coordinate and provide overall legal services to corporate areas and coordinate with line-of-business in-house counsel;

  • Direct and or indirect oversight of outside counsel throughout Europe;

  • Conduct a triage forum for in-house lawyers working through business change.

  • Provide legal regulatory advice to assist in the rollout of US Bank internal policies throughout Europe, including coordinating advices on country by country legal regulatory requirements so that all such policies conform to local law;

  • Advising on and reviewing new contractual forms, standard legal documents and internal legal guidance materials for core financial services legislation;

  • Provide training and education in the area of risk topics throughout the European Law Division or to the organisation on legal issues;

  • Provide reporting information for the part of the European legal function.

Competencies

  • Collaboration – Build partnerships and promote a culture of teamwork to drive one U.S. Bank.

  • Customer Centricity – Build strong customer relationships and deliver customer centric solutions.

  • Drive for Results – Hold self and others accountable to consistently achieve meaningful results.

  • Ethics & Trust – Maintain high ethical standards; gain the confidence and trust of others through honesty, integrity and authenticity.

  • Inclusion – Build a culture of equity and inclusion in which diverse ideas, talent and perspectives are welcomed and encouraged.

  • Risk Appropriately identify and manage risks, in compliance with applicable laws, rules and regulations, and with Company Policy.

Qualifications

  • Legal qualification in Ireland (qualified as solicitor or barrister); and

  • 7-10 years post qualification experience within a regulated firm; or

  • 7-10 years post qualification experience within a top-tier or international law firm.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Benefits :

We offer an exciting, fast-paced and diverse working environment with employees of many different nationalities. We provide benefits to help you protect your health and financial security; and give you peace of mind. We also invest in your career growth with development resources that give you the opportunity to stretch and shine.

This is an Elavon posting. Elavon is a part of the U.S. Bank family.

Our 74,000 employees work across departments to help our millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world turn their dreams into reality. Our employees are empowered to create change and drive our future, and we pride ourselves on diligently and ethically upholding U.S. Bank’s best-in-class financial record and legacy of more than 150 years in banking. Most importantly, we put people first, cultivating and treasuring meaningful relationships with the customers we serve, the colleagues we support and the communities where we live and work.

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