Doylestown, Pennsylvania
New Orleans, Louisiana
London, United Kingdom
Durham, North Carolina
London, United Kingdom
La Jolla, California
Posted: 29-Sep-23
Location: Dallas, Texas
Type: Full Time
SENIOR VICE PRESIDENT & GENERAL COUNSEL
The Federal Reserve Bank of Dallas:
The Federal Reserve Bank of Dallas (Dallas Fed or Bank) promotes a strong financial system and healthy economy in the Eleventh Federal Reserve District, which includes Texas, northern Louisiana, and southern New Mexico. Through our offices in Dallas, El Paso, Houston, and San Antonio, and our team of 1,300 employees, we work for and with the people of our district to build a strong and inclusive economy. The Dallas Fed works within the Federal Reserve System and with other public and private sector institutions to foster the safety, soundness, and vitality of the United States economy and financial system.
We are one of 12 Reserve Banks that, along with the Board of Governors in Washington, D.C., constitute the nation’s central bank. We are part of the Federal Reserve System, which was established by Congress in 1913. Our mission is to serve the interests of the American public by informing and influencing our nation’s monetary policy, fostering financial stability, and delivering quality services to the United States government and the financial institutions in our region.
Our responsibilities are wide-ranging. We conduct economic research and gather perspectives from our region to bring to national conversations about monetary policy. We work with government, financial industry, and the community to ensure our banking system is safe, accessible, and secure. We help maintain a reliable supply of cash and support digital payment. We work with community partners to ensure that all people in our district have opportunities to build a bright economic future. Our success depends on actively connecting with the people and communities we serve.
The Role:
The Dallas Fed seeks a proven executive who will work collaboratively with the Bank’s President, First Vice President, and Board of Directors to provide legal, ethics, and compliance leadership for the Bank. This executive will be a member of the executive leadership team responsible for setting the vision and strategic direction for the Bank and driving priorities for the Dallas Fed as a whole. This role will also oversee the Office of the Corporate Secretary. The executive will have a proven record of leading a professional legal team and delivering desired results. The person should be capable of inspiring, supporting and developing a diverse team that is agile and effective at supporting an organization that operates in a highly dynamic and integrated environment while maintaining the highest standards of excellence. The SVP and General Counsel is expected to work collaboratively with peers and stakeholders across the Federal Reserve System.
The SVP and General Counsel will ensure their team and the practices of the Bank sustain and enhance the Bank’s reputation as a trusted public and financial institution. They will establish and maintain effective relationships with external partners, internal stakeholders at all levels, across the Federal Reserve System, Board of Governors, and with the Dallas Fed’s Board of Directors.
Key Responsibilities:
- Serves as the senior legal advisor, providing legal counsel and guidance, as well as broad-based thought leadership and strategic advice to the President, First Vice President, Senior Officers, and other Bank employees.
- Collaborates with other members of the Bank’s executive leadership team to establish the strategic priorities and policies of the Bank, consistent with the Federal Reserve System’s mission. Demonstrates decisiveness and dynamic leadership to help the executive leadership team efficiently reach conclusions.
- Represents the Bank at the System level, with the Board of Governors, and with outside agencies, as needed, and throughout the Eleventh District more broadly.
- Serves as a visible thought leader and voice at the Bank, throughout the Eleventh District, and across the System to further advance the mission of the Bank.
- Leads the strategic planning and policy development activities for the Legal function and Office of the Corporate Secretary (and other functional areas that may be assigned) and is responsible for the overall performance of the Legal function.
- Leads, coaches, and develops a highly trained team of professionals to meet the legal demands of the Bank and effectively manages all legal services provided by internal and external counsel.
- Engages business leaders at the Bank and across the System to identify initiatives and business opportunities where the Legal function and/or the Bank can add value or lend expertise and influence outcomes.
- Provides comprehensive management to the legal and corporate secretary staff, including coaching and development, to expand their capabilities and ensure management succession within the Bank and the System.
The Person:
- Leads with a clear set of values, demonstrates integrity in all situations, and is a role model of ethical conduct.
- Expertise with current and evolving legal issues and trends in banking, financial regulation and supervision, payments, technology, governance, and ethics.
- Experienced strategic legal advisor with the ability to anticipate legal issues and risks and recommend approaches that are pragmatic in a regulatory environment.
- Ability to influence leaders and stakeholders at the highest levels of the Bank and across the System, through exceptional relationship management, judgment, communication, and influencing skills.
- Exceptional legal skills, including but not limited to, critical analysis of key legal issues and ability to develop legal strategy and objectives.
- Strong business acumen with a proven ability to evaluate the costs, risks, and benefits associated with alternative actions before making decisions. Effectively lead the implementation of new approaches in an evolving risk environment.
- Track record of successful leadership with a commitment to operational excellence and a proven track-record of execution and delivery, achieving exemplary results.
- Demonstrated history of creating a diverse and inclusive environment within one’s team(s) and across the organization.
- Proven ability to positively coach, lead, and develop others to achieve their professional best.
- Strong collaboration skills and an interest in ensuring strong cross functional and enterprise-wide relationships with an ability to partner effectively with others in the pursuit of common goals. Ability to navigate a matrixed organization.
- Executive presence, judgment, and pitch-in communicating and supporting effective discussion and decision making among boards, policy makers, and others. Effective and strong interpersonal and diplomacy skill; excellent writing, presentation, and analytical skills.
- Deep public service and/or mission-driven orientation.
Education and Experience:
- 15 plus years of progressively responsible legal experience in banking, financial services, or other relevant industry/specialty areas, including at least 10 years of management experience.
- Understanding of the Bank’s and the System’s role in the banking, payments, and regulatory environment, and strong knowledge of the legal complexities through active responsibility for legal teams, evolving legal issues and engagement with key stakeholders.
- Proven experience working and leading in a highly complex and matrixed organization.
- Juris Doctor Degree from an ABA accredited law school and law license in good standing.
- Member of the Texas Bar preferred.
Our Benefits:
We offer competitive pay and benefits including but not limited to:
- Health, dental and vision insurance.
- Pension and 401K Plan with employer matching provision.
- Credit protection, financial planning, and opportunities for pre-tax savings.
- Flexible work environment with generous vacation, federal holidays, and paid time off to volunteer in the community.
- Healthy lifestyle assistance through an on-site fitness center and subsidized cafeteria with healthy food options.
- Centrally located in Downtown Dallas with free on-site underground parking, and public transportation subsidy.
- Support with continued education.
An Inclusive Economy and Workplace
The Dallas Fed is committed to building a strong economy that creates opportunity for the people of our district. We embrace diversity, promote equity, and advance inclusion in the work that we do.
To deliver on our mission, we are working to expand access to economic opportunity. We start by fostering a diverse and inclusive workplace that values a wide range of views and experiences. We know our decisions must reflect the diversity of our communities.
The Dallas Fed stands against all forms of discrimination. This stance informs all aspects of our decision-making, hiring practices and commitment to promote an equitable and inclusive workplace and an economy that works for all our residents.
Are you ready to make a difference?
The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer that believes in the diversity of our people, ideas, and experiences, and we are committed to building an inclusive culture that represents the communities we serve.
https://www.dallasfed.org