The Associate General Counsel provides advice and counsel to FHLBank managers on legal matters, researches and performs legal analysis, and writes legal opinions and memoranda on issues affecting FHLBank.
Primary Success Factors
The Associate General Counsel will demonstrate proficiency with the following:
Reviewing, analyzing and negotiating FHLBank mortgage purchase program agreements (including related vendor agreements); FHLBank vendor and information technology (IT) contracts; and as applicable and needed, FHLBank capital markets transaction agreements and member transaction agreements.
Reviewing, analyzing and negotiating vendor agreements (including complex IT vendor agreements with data protection, privacy and security issues), leases, contracts and other vendor agreements.
Providing advice and counsel to FHLBank managers on relatively complex and demanding legal matters, including FHLBank’s mortgage purchase program and some portion of FHLBank’s IT and other vendor contracts. Additionally, serves as a back-up on capital markets and member transaction activities.
Serving as one of FHLBank’s primary attorneys for complex IT contracts, including understanding applicable data privacy and data security requirements, as well as vendor management requirements (including regulatory expectations).
Serving as back-up to the Deputy General Counsels in supporting FHLBank’s member-lending-related transactions and their work on transactions (including credit and collateral issues, knowledge of secured transactions) and FHLBank’s SEC disclosure obligations.
Researching and recommending legally required, as well as “best practice,” policies and procedures to be incorporated with FHLBank’s corporate compliance program.
Representing FHLBank in administrative hearings and disputes to ensure the effective representation of FHLBank’s interest.
Ensuring compliance with applicable policies, procedures and regulations to ensure safe and sound business operations.
Required Experience
Law degree with a license to practice in the Commonwealth of Pennsylvania
At least six years in a firm or corporate environment with significant experience in transaction work (secured lending, financial institution vendor contracting, securitization, secondary)
Solid knowledge of two or more areas of FHLBank and legal principles that are applicable to those areas (for example, secondary mortgage market legal issues, secured transactions, real estate issues, securitization, complex information technology contracts, financial institution third-party risk/vendor management standards); general knowledge of corporate, financial analysis, economics, accounting principles and financial statements
Ability to lead projects to completion and organize and effectively prioritize work, including managing multiple projects and tasks
About FHLBank Pittsburgh
As an intermediary between global capital markets and local lenders, FHLBank Pittsburgh provides readily available liquidity, as well as affordable housing and community development opportunities, to member financial institutions in Delaware, Pennsylvania and West Virginia. The billions we lend to members every day are powered by a small tight-knit workforce focused on the Bank’s mission to enhance our members’ business and vitalize communities.
