Counsel for Regulatory and Wealth Management

at Old National Bank in ChicagoChicago, Illinois, United States

Job Description

Counsel for Regulatory and Wealth Management
Job Locations

US-IL-Chicago | US-IN-Evansville | US-IN-Indianapolis | US-WI-Milwaukee | US-MN-St Louis Park | US-MO-Clayton



Position Type 
Regular Full-Time  

Requisition ID 

Workplace Type 
On Site


Old National Bancorp ("Old National") is the holding company of Old National Bank, which is the sixth largest commercial bank headquartered in the Midwest. With approximately $49 billion of assets and $28 billion of assets under management, Old National ranks among the top 30 banking companies headquartered in the U.S. Tracing our roots to 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships with clients and in the communities it serves. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management, investment, and capital market services. Old National provides these services primarily through its wholly-owned subsidiaries, Old National Bank and 1834 Investment Advisors Co., an SEC registered investment advisor.

Old National's primary footprint is currently in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, and Wisconsin. In addition, Old National recently announced its expansion through a proposed acquisition of CapStar Bank, a $3.3 billion asset bank headquartered in Nashville, Tennessee.

At Old National, we believe that by helping our team members balance work life with home life, we create a more productive workforce and a stronger company. Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across our organization.
We are focused and committed to our mission, vision and values, which include integrity, excellence, optimism, inclusion, collaboration and agility.
Job Summary
Old National's Legal and Government Relations Department is seeking an attorney with strong academic credentials and professional experience capable of providing legal advice and business guidance on a variety of legal, regulatory, and compliance matters. This attorney will support the Wealth Management and Trust operations of Old National as well as other areas of the bank

Job Location
We are an in-office working environment. The members of our Legal and Government Relations Department are primarily located in our Chicago (near O'Hare Airport), Evansville, Indiana and Indianapolis offices. Other potential office locations include Indianapolis, Milwaukee and Minneapolis. This position's manager is located at the Chicago office and the CEO of Wealth Management is located in Minneapolis.
Qualifications And Education Requirements

Minimum of 5 years' experience practicing law
Admitted and in good standing in at least one bar of the following states: Illinois, Indiana, Kentucky, Michigan, Minnesota or Wisconsin
Prior experience at a major law firm, in-house legal department of a financial institution and/or bank regulatory agency
Ability to apply sound and practical business judgment to legal matters
Ability to consult with and advise management at all levels
Strong written, oral, and interpersonal communication skills
Desired Experience
Knowledge of fiduciary and securities laws and regulations supporting the wealth management, RIA (Registered Investment Advisor) and trust functions of a bank
Knowledge of banking laws and regulations, especially consumer laws and regulations, supporting risk and compliance functions within a bank
Knowledge of relevant regulatory agency rules and regulations essential to this position (e.g., OCC, FRB, CFPB, and FINRA). Experience working with the SEC in connection with RIA, registered investment advisors also is desirable.
Knowledge of trust agreements, investment advisory agreements, and related ancillary documents used by wealth management, investment advisory or trust functions of a bank
Essential Duties and Responsibilities Include

Primarily support the wealth management, investment advisory, and trust divisions and subsidiaries of Old National, but also support other areas of the bank as needed
Provide legal advice on the Investment Advisers Act, Regulation R, fiduciary activities of national banks, and OCC requirements for retail non-deposit investment products
Provide legal advice regarding the creation, revision, and/or maintenance of client-facing agreements and internally used forms
Advise on regulatory and compliance matters relating to general bank operations as well as existing and new bank products and services.
We continually seek highly motivated and talented individuals. Our people are critical to our... For full info follow application link.


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Job Posting: 11920331

Posted On: May 22, 2024

Updated On: Jun 08, 2024

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