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Job Title: In House Jobs Associate General Counsel
Job Category: General Corporate / Financial Services [ View All General Corporate Jobs ]
Job description:
*providing strategic and tactical legal support to the Deposits line of business. *support the Deposits team responsible for growing and supporting the $100B of retail deposits and a smaller book of brokered deposit, including *supporting product development, marketing, servicing, regulatory change and integration efforts with acquired institutions.

Position Description

This Associate General Counsel ("Deposits AGC") will be responsible for providing strategic and tactical legal support to the Deposits line of business. The Deposits AGC will support the Deposits team responsible for growing and supporting the $100B of retail deposits and a smaller book of brokered deposit, including supporting product development, marketing, servicing, regulatory change and integration efforts with acquired institutions. As a digital bank, Ally Bank does not have any branches, and relies exclusively on its online platform and mobile applications to provide superior products and services.

The Deposits AGC will report to the Deputy General Counsel for Banking and Investing. For this position, Ally is seeking an established lawyer who is equanimous and solution-oriented, a collaborative leader who exhibits both accountability and empathy, and an entrepreneurial owner who is driven to excel.

The preferred location for this position will be Charlotte, North Carolina.


Juris Doctor from an accredited law school, preferably with academic distinction
Approximately ten to fifteen years of experience supporting or counseling the deposit-related businesses of a U.S. Bank. Experience with a state chartered, member bank is preferred.
Mastery of relevant federal statutes and regulations and of network rules, including Reg. DD, Reg. CC, Reg. E, FDIC 370, NACHA Rules, MC/Visa Operating rules, Zelle rules. Strong familiarity with relevant state statutes and regulations, including statutes and regulations related to escheatment and licensing.
Experience in drafting, reviewing and negotiating consumer-facing and business-to-business contracts, disclosures, and terms and conditions.
Experience interacting with federal and state regulators, including the CFPB, the FRB, and the NY DFS in both supervisory and enforcement matters.
Alignment with Ally's culture, including a contagious enthusiasm for serving others, being inclusive, and excelling together
Unquestioned reputation for ethical conduct and integrity
Exemplary written and oral communication skills
Intellectual curiosity and entrepreneurial zeal
Strong work ethic and an ownership and goal-oriented mentality

Total Rewards

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Plus, we have a flexible paid-time-off program including time off for volunteer opportunities. Ally's Total Rewards Program is designed to enrich your life at work -- and outside of it and includes:

Industry-leading 401K retirement savings plan with matching and company contributions.
Wellness program encouraging healthy living with financial rewards.
Flexible health insurance options including dental and vision.
Pre-tax Health Savings Account with generous employer contributions.
Pre-tax commuter benefits.
Other work-life integration benefits including parental and caregiver leave, adoption assistance, backup child and adult/elder day care program, child care discounts, tuition reimbursement, LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Ally is an Equal Opportunity Employer

We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

Experience Level
Ally Requisition #

Associate General Counsel - Deposits Product/Services #20-5434
Charlotte, NC
Career Area
Available Work Locations
North Carolina (Charlotte)
Job Description

Ally Overview

Ally Financial Inc. is a leading digital financial-services company. As a customer-centric company with passionate customer service and innovative financial solutions, we are relentlessly focused on "Doing It Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. We are one of the largest full-service automotive-finance operations in the country and offer a wide range of financial services and insurance products to automotive dealerships and consumers. Our award-winning online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers mortgage-lending services and a variety of deposit and other banking products, including savings, money-market, and checking accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs). Additionally, we offer securities-brokerage and investment-advisory services through Ally Invest. Our robust corporate finance business offers capital for equity sponsors and middle-market companies.

Business Unit/Enterprise Function Description

The Legal, Governance, and Government Relations function (LGGR) comprises three distinct but complementary departments. The Legal function oversees Ally's legal affairs. Lawyers and other members of the staff are proactive and solution-oriented advisers for Ally's board of directors, executive management, business lines, and enterprise functions and provide or manage legal services in corporate, regulatory, transactional, dispute-resolution, and other contexts. The Governance function encompasses corporate-secretarial, corporate-licensing, and corporate-records-and-information-management operations. The Government Relations function oversees public-policy advocacy and outreach to executive, legislative, and other political bodies and officials at all levels of government.



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Employment type: Full Time
Salary: Unspecified
Other Information
Degree: JD
Experience (year): Unspecified
Job Location: Charlotte, NC USA
Post Date: 04/05/2020
Contact Information
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