Description

Your Opportunity

At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the finance industry together.

Schwab is looking to hire an experienced attorney to join its Banking, Retirement and Trust Legal Group as Director & Legal Counsel, Bank Lending Products to be based in Westlake, Texas. This Director and Legal Counsel will join an existing legal team that supports CSB, CSPB and CS&Co's lending initiatives. As a member of the Banking, Retirement and Trust Legal Group in Schwab's Legal Services Department, you will be responsible for providing legal advice and counsel with respect to the legal and regulatory aspects of CSB, CSPB and CS&Co's bank lending initiatives, including Schwab's Structured Asset Line of Credit ("SAL") (a non-purpose revolving line of credit secured by alternative investment securities and marketable securities, Pledged Asset Line of Credit ("PAL") (a non-purpose revolving line of credit secured by marketable securities), mortgage products, unsecured lending, margin lending, loans made by Schwab affiliates and the development of new bank loan products. The successful candidate will assist on transactions across the Bank's multi-faceted lending platforms. This position will work closely with client-facing Senior Bankers, Credit and Operations colleagues with loan transactions from origination through the life of the loan and will also interact with other Schwab attorneys to assist on broader legal matters.

What you have

• J.D. or Master of Laws from an accredited law school and state bar admission in good standing. (Texas, AZ, NY, NV, CA, IL preferred)
• At least 5+ years of transactional legal experience with either a U.S. law firm and/or in-house legal department with a focus on bank lending transactions and related matters
• Will strongly consider a savvy, flexible bank lending attorney with experience handling a variety of deal types, including secured or unsecured lending, mortgages, securities based lending and troubled debt/loss mitigation.
• Knowledge of applicable banking laws, including the CRA and related law and guidance.
• Strong organizational, interpersonal and communication skills (verbal and written) with the ability to collaborate with all levels of staff including senior management.
• Excellent written and oral communications skills.
• Proven ability to establish foundations for influence, building credibility and open, trusting relationships.
• Team player with a strong focus on collaboration.
• Demonstrated ability to work in a fast-paced environment, respond to shifting requirements and business obstacles, and achieve practical solutions.
• Strong analytical skills and demonstrated judgment to evaluate risks, costs, and benefits.
• Demonstrated eagerness and ability to seek and adopt new technological solutions
• An understanding of banking laws, regulations, secured and unsecured debt transactions and the UCC
• Familiarity with private banking offerings, including credit products and estate/trust law
• Strong leadership and business acumen including the ability to adapt to change and drive business growth, conceptualizing and implementing strategic objectives, and navigating dynamic practice areas
  

What you'll do:

• Work closely with cross-functional business partners, as part of a dynamic legal team, in support of Schwab's lending initiatives to Affluent Clients, High Net Worth Individuals and Ultra High Net Worth Individuals, including its Pledged Asset Line of Credit, mortgage products, advisor loans, margin lending, unsecured lending, franchise loans and new loan products
• Provide legal support to Schwab's Investor Services and Advisor Services businesses
• Provide advice and guidance on the laws and regulations impacting secured and unsecured loan origination, maintenance, servicing, loss mitigation and new product development
• Knowledge of the following laws and regulations: Uniform Commercial Code (UCC) Articles 8 and 9; Unfair, Deceptive or Abusive Acts or Practices (UDAAP) principles; Federal Trade Commission Act; Truth in Lending Act Director, Bank Lending Counsel Classification: Schwab Internal (TILA/Reg Z); Fair Credit Reporting Act (FCRA/Reg. V); Fair Debt Collection Practices Act (FDCPA); Equal Credit Opportunity Act (ECOA/Reg. B); and other laws affecting consumer and commercial lending
• Experience advising clients with respect to legal issues arising in lending, consumer protection, private banking, financial services and operations
• Support the development and implementation by the Legal team of processes, procedures and metrics to increase the overall effectiveness of the legal services provided to the company
• Identify and advise of risks and provide practical solutions to address risks identified in conjunction with business needs
• Provide appropriate counsel and guidance to identify, mitigate and provide practical solutions to address risks identified in conjunction with business needs
• Review and advise on loan provisions, complex borrower organizational documents, loan structuring, new loan products, strategies, implementation and enhancements
• Draft, review, and negotiate agreements, contracts, other legal documents and create standard forms as necessary.
• Assist in the development and implementation of policies, procedures and best practices and advise business units and senior management of potential legal risks and implications of the same.
• Assign, manage and monitor matters to outside counsel.
• Advise on default and loss mitigation strategies
• Support bank compliance and regulatory activities as they relate to Banking and Trust Services
  

In addition to the salary range, this position is also eligible for bonus or incentive opportunities



Requisition #: 2026-119936

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Requirements

2026-119936