GENERAL COUNSEL at Sunrise Banks

Saint Paul, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

22 Aug, 26

Salary

321938.0

Posted On

24 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Banking Regulation, Fintech Payments, Corporate Law, Contract Negotiation, Risk Management, Regulatory Compliance, BaaS, Legal Strategy, Litigation Management, Consumer Protection Law, CDFI Requirements, Executive Advisory, Leadership, Problem Solving, Project Management, Relationship Management

Industry

Banking

Description

At Sunrise Banks we are committed to a culture of trust and transparency that welcomes all. POSITION SUMMARY The General Counsel serves as the top legal advisor to the Bank and its fintech payments business, providing strategic, pragmatic counsel on all legal, regulatory, and risk matters. This role acts as a trusted partner to executive leadership, safeguarding the organization while enabling responsible growth aligned with its CDFI mission. The General Counsel is a hands-on role that oversees all legal operations, including banking, fintech payments and partnerships, contracts, regulatory compliance, and litigation, and is responsible for managing a few staff and external counsel. This role is critical to enabling the Bank’s dual mission: delivering inclusive financial services as a CDFI while scaling innovative fintech and payments capabilities responsibly. The General Counsel ensures the organization can grow confidently within a complex and highly regulated environment. ESSENTIAL FUNCTIONS Strategic Legal Leadership * Serve as primary legal advisor to the Executive Team and Board on banking, payments, and corporate matters * Advise on enterprise risk management from a legal perspective. Providing proactive, solution-oriented legal guidance that balances risk with business objectives * Design legal strategies that align with the Bank’s CDFI mission and regulatory obligations in order to minimize legal exposure and resolve matters efficiently * Select, engage, and manage outside counsel across specialty areas controlling spend and setting expectations for responsiveness and outcomes * Establish scalable contract standards and governance practices * Lead and develop a small, high-performing legal team (one attorney and one paralegal) * Foster a collaborative, pragmatic, and service-oriented legal function Regulatory & Compliance Oversight * Advise on federal and state banking regulations (e.g., OCC, FDIC, CFPB) and payments-related regulatory frameworks * Provide legal oversight of compliance with consumer protection laws and CDFI requirements * Monitor regulatory developments and guide leadership on implications and required actions * Partner closely with risk and compliance teams to mitigate legal and regulatory exposure Contracts & Oversight * Lead negotiation, structuring, and review of complex agreements, including: * Fintech partner agreements * Commercial agreements * Payments processing and program management contracts * Vendor and technology agreements, often partnering with Procurement * Provide counsel on contract risk, enforceability, and dispute resolution * Serve as lead legal advisor for fintech and payments business lines, ensuring compliance with evolving industry requirements * Advise on BaaS (Banking-as-a-Service), sponsorship models, and partner oversight frameworks * Support product development with clear, practical legal guidance KEY COLLABORATORS Integrator and Executive Team, Board, external counsel, procurement manager, relationship banking, fintech payments and partnerships, risk and compliance SUPERVISORY RESPONSIBILITIES This position supervises Paralegal. Responsible for the hiring, performance management and development of these employees. COMPETENCIES * Alignment w/Sunrise Core Values * Contributor Competencies * Business Acumen * Coaching * Compliance Management * Conflict Management * Employee Development * Leadership * Planning/Delegation * Problem Solving * Project Management * Resource Management * Relationship Management EDUCATION & EXPERIENCE * Juris Doctor (JD) from an accredited law school; active license to practice law * 12+ years of legal experience, with significant experience in banking or financial services * Deep expertise in banking regulation and supervision; Fintech and/or payments (preferred) and commercial contracts and complex negotiations * Proven ability to advise senior executives on complex, high-impact issues * Experience in a CDFI or mission-driven financial institution preferred * Familiarity with BaaS, embedded finance, and fintech partnership models preferred * Experience working in both regulated banking and entrepreneurial/growth environments preferred * Sound judgement with pragmatic, business-oriented approach * Ability to simplify complex legal issues into clear, actionable guidance * High level of integrity and discretion * Collaborative leadership style with strong relationship-building skills * Comfort operating in a fast-paced, evolving regulatory landscape as both a leader and an individual contributor * Superior skill set in the use of the following software applications: Microsoft Teams, Excel, Word, PowerPoint, Access, and Outlook. COMPENSATION AND BENEFITS Annual salary range DOQ: $173,351 $247,645 $321,938 Eligible Benefits: Medical, Dental, Vision, FSA, Life, AD&D, STD, LTD, Pet Insurance, PPL, PTO, PVT0, 401k and more. Visit www. sunrisebanks.com for more details.

Responsibilities

Serves as the top legal advisor for the Bank and its fintech payments business, overseeing all legal operations and regulatory compliance. The role involves managing external counsel and a small internal legal team to support the organization's CDFI mission and growth.