What are the responsibilities and job description for the Senior Legal Counsel position at NJ Department of Banking and Insurance?
The Department of Banking and Insurance seeks a Senior Counsel to directly advise the Commissioner and senior staff on legal, regulatory and policy matters impacting the Department. Working in the Commissioner’s front office, the Senior Counsel will oversee complex litigation, coordinate with regulatory counsel, and spearhead initiatives related to new policy or regulatory matters. Candidates should have prior experience in the financial sector – as either a regulator, litigator or practitioner.
Key Responsibilities
• Provide legal opinions for the Commissioner and Chief of Staff
• Liaise with the Office of the Attorney General to manage the Department’s legal matters, including enforcement actions, litigation and filings
• Coordinate with the Department’s Office of Legislative and Regulatory Affairs to help implement governing statutes and regulations
• Contribute to Department policy development, including conducting legal and regulatory research, as required
• Advise the Department’s OPRA Custodian, coordinating with the Office of the Attorney General, and help ensure compliance implementation
• Serve on intergovernmental boards on behalf of the Commissioner
Required Qualifications
• Minimum of 10 years practicing law, including substantive litigation or regulatory matters, with experience in the financial sector.
• Juris Doctor from an accredited law school
• Results-oriented, with strong organizational and project management skills
• Excellent collaborator with strong communication skills
• Ability to identify, prioritize and escalate potential risks in a timely and succinct manner
• Ability to work in a fast-paced, fluid environment, managing competing interests and deadlines
• Familiarity with government regulatory agencies, and legislative or policy development
Salary : $165,000 - $180,000