E*TRADE Financial General Counsel, Bank in Arlington, Virginia


ETRADE is a leading financial services company and a pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the company has long been at the forefront of the digital revolution, offering easy-to-use solutions for individual investors and stock participants. Founded on the principle of innovation and determined to level the playing field for individual investors, ETRADE delivers digital platforms, tools, and professional assistance to help investors and traders meet their near-and long-term investing goals. The Company provides these services both online and through its network of customer service representatives and financial consultants - over the phone at two national branches and in-person at 30 E*TRADE branches.

Reporting to ETRADE Financial Corporation's General Counsel, the Bank General Counsel will be responsible for providing advice and guidance to the Bank's senior management on matters including bank products and services, investment activities, , policies, procedures and regulatory expectations related to ETRADE's two wholly-owned thrift institutions.

  • Lead the E*TRADE Bank legal team.

  • Advise on legal and regulatory requirements applicable to all aspects of thrift and Savings & Loan Holding Company products, services and activities, with a significant focus on development of new products and services, bank investment activities and intercompany agreements.

  • Maintain current knowledge of applicable laws, rules, regulations and banking industry best practices applicable to thrift institutions and Savings & Loan Holding Companies.

  • Monitor legislative and regulatory developments maintain an advanced awareness of industry trends and changes.

  • Interface with management to advise of emerging and changing regulatory risks and provide recommendations as needed.

  • Support the Bank Compliance team and the E*TRADE Risk organization on the development and maintenance of policies and procedures to ensure alignment with internal and external regulatory expectations.

  • Manage all federal, government and/or state applications for the Bank and its employees.

  • Assist in providing other legal services to the Bank, as needed including interacting with the Bank's regulators.

  • Minimum of 10 years of legal experience advising banks in-house experience for a large bank is a plus.

  • Experience in advising Federal Reserve and OCC regulated banking institutions.

  • Possess a comprehensive understanding of Federal banking laws and regulations, including primarily the Home Owners' Loan Act, Bank Holding Company Act, OCC Regulations Parts 1, 5, 160, 163 and 167, and Federal Reserve Regulations W, Q, U, LL, VV, WW and YY.

  • Experience in complex contract drafting, negotiation, and administration.

  • Experience with trading agreements (including ISDA, MRA and MSFTA) and Bank and Broker-Dealer Sweep Deposit Program arrangements.

  • Strong management skills.

  • Excellent analytical, communication, interpersonal, organizational and training skills.

  • JD from an accredited and reputable law school.

We offer a competitive and comprehensive benefits package. Please visit https://etradecareers.com/why-work-at-etrade/employee-benefits to learn more about the opportunities.

E*TRADE Financial is an Equal Opportunity Employer who encourages diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, disability, citizenship, marital status, sexual orientation, gender identity, military or protected veteran status, or any other characteristic protected by applicable law.


Category: Compliance/Legal

Location: Arlington, VA

Job ID: IRC129773

Posted Date: September 15, 2017