CareerPlan

Senior Legal Counsel – Banking and Markets Group

Chicago, IL, USFull-time$160k–$272k2026-10-08 → 2026-11-12
Hybrid · United StatesNo visa sponsorship

Core

Senior Legal Counsel providing high-quality legal advice and counsel to senior management and business partners on banking legal matters, regulatory compliance, and transaction structuring.

Role type

Senior in-house legal counsel (banking and markets)

Builds

Banking policies, loan documentation, and regulatory compliance frameworks for Northern Trust's Banking and Markets Group

Domain

Banking, Wealth Management, Financial Services

Required skills

Drafting and negotiating secured/unsecured loan documentation, advising on banking regulations (Reg U, Reg O, Rule 144), distressed loan workout analysis, legal analysis of new banking products, managing outside counsel

Preferred skills

Experience with real estate lending, deposit products, distressed assets

Technologies

Legal research databases, contract management systems

Responsibilities

Advise on private client, professional services, and commercial credit matters; advise on legal/regulatory aspects of banking products (deposits, payments); support distressed loan workouts and restructurings; assist in drafting banking policies; manage outside counsel

Seniority

Senior, hands-on IC