How will your role impact First Command?
The VP, Associate General Counsel – First Command Bank (FCB) is a strategic and operational legal leader responsible for safeguarding the financial well-being of this $1 billion subsidiary of First Command Financial Services (FCFS). This role provides expert legal advice to FCB’s highest-risk, most complex banking, regulatory, and litigation matters.
This position requires deep legal and regulatory expertise and collaborative leadership to effectively manage FCB’s legal and compliance functions. Acting as a strategic partner to Bank leadership, the Chief Legal Officer, and the Board, this team member will report to the Deputy General Counsel to help drive compliance, risk management, stability, and growth in support of the bank’s strategic goals thereby aligning with the broader objectives of FCFS.
What will the employee do in this role?
Leadership & Strategic Advisory
• Serve as the Bank’s primary legal advisor on complex banking and regulatory matters.
• Exemplify collaborative business partnership by providing proactive, solutions-oriented legal counsel aligned with business strategy, risk appetite, and regulatory expectations.
• Work with the Deputy General Counsel to align legal advice on banking matters with Chief Legal Officer’s oversight of enterprise risk appetite and governance expectations.
• Support board and committee matters related to banking and regulatory issues, as requested.
Regulatory & Banking Law Oversight
• Develop and execute legal strategy for banking regulatory matters, including periodic reporting examinations, inquiries, supervisory issues, and enforcement actions involving federal and state regulators. This role is expected to remain directly involved in regulatory strategy, written submissions, and regulator-facing and board-facing communications.
• Oversee interpretation and application of federal and state banking laws and regulations, such as fair lending laws like the FCRA, MLA, SCRA, ECOA, TILA, and RESPA, ensuring alignment between legal requirements, operational practices, and business objectives.
• Monitor emerging regulatory developments and assess potential impact to the Bank; advise leadership on required changes and strategic implications.
• Maintain productive relationships with regulators, external counsel, and industry peers.
Legal Risk Management & Complex Matters
• Serve as the accountable legal owner for the Company’s most significant banking-related disputes, regulatory proceedings, and investigations.
• Direct and oversee outside counsel strategy, budgets, and work product.
• Lead early dispute resolution and risk mitigation efforts to minimize legal exposure and business disruption.
• Issue and oversee legal opinions, escalation frameworks, and risk assessments for material transactions and initiatives.
Commercial, Contractual & Operational Support
• Negotiate, draft, and approve complex and high-impact contracts, disclosures, policies, and procedures supporting banking operations and strategic initiatives.
• Advise on legal aspects of product development, key vendor relationships, information security, privacy, and other matters directly impacting regulated banking activities.
• Ensure legal frameworks support scalable growth while maintaining compliance and sound risk controls.
Influence, Mentorship & Collaboration\
• Provide informal mentorship and subject-matter guidance to attorneys and compliance professionals on banking-related issues.
• Act as a thought leader and escalation point for complex legal questions.
• Collaborate with Legal, Compliance, Risk, and Business partners without formal supervisory responsibility.
External Engagement & Industry Leadership
• Represent the Company in industry associations, working groups, and regulatory forums, providing insight into legal and regulatory trends impacting the Bank.
• Benchmark practices against peer institutions and recommend enhancements to policies, controls, and governance structures.
Supervisory/Leadership Responsibility
• Exercise significant influence through expertise, judgment, and collaboration. May provide project-based direction to internal teams and outside counsel.
• Foster a culture of ethical conduct, sound judgment, and risk awareness across the organization.
What skills & qualifications do you need?
Education
• Bachelor’s degree from a four-year college or university (required)
• Juris Doctorate from an ABA Accredited Law School (required)
Work Experience
• Minimum of ten (10) years of progressively responsible legal experience, with significant focus on banking law, regulatory matters, litigation, and general corporate practice.
• Demonstrated experience serving as a senior legal advisor and collaborative partner on highly complex, high-risk matters.
• Proven track record handling highly complex, sensitive, and high-risk matters within a regulated financial institution or comparable environment.
• Experience operating as a senior individual contributor with substantial autonomy and accountability.
Certifications
• Active license and good standing with the State Bar of Texas (preferred) or any U.S. state bar (required)
Required Knowledge, Skills and Abilities
• Exceptional written and verbal communication skills, including the ability to translate complex legal issues into clear business guidance.
• Thorough understanding of banking regulatory frameworks and compliance requirements for national banks.
• Advanced legal research, analytical, and judgment capabilities.
• Strong executive presence with the ability to influence, advise, and challenge senior leaders constructively.
• Demonstrated leadership, mentoring, and people-management skills.
• Ability to operate effectively in a fast-paced, highly regulated environment with minimal supervision.
• Strong interpersonal skills and the ability to adapt communication style to diverse internal and external stakeholders.
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