Counsel II

The 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.

Responsibilities

• 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. 

Requirements/Skills Needed

• 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). 

How to Apply

To apply for this position, please click here.