Senior Counsel - Treasury Mgt, Merchant Services and Financial Institutions Group

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

Benefits

We offer a comprehensive compensation package including base salary, incentive program, and competitive benefits such as medical, dental, vision, 401(k) retirement plan, continuing education opportunities, an employee assistance program, and a range of wellness and development programs. Employees also have access to Impact Network Groups that foster inclusion and community engagement.

Responsibilities

Old National’s Legal and Government Relations Department is seeking an attorney with strong academic credentials and appropriate experience, capable of providing legal and regulatory advice and support to our Treasury Management, Merchant Services, Financial Institutions, Branch Teams, and the Bank generally. This attorney will have a broad practice range within the Bank but will primarily focus on providing day‑to‑day support for these teams, serving as a trusted, valued, and strategic legal partner and advisor to the Bank’s business and operations teams.

Essential Duties & Responsibilities

• Provide legal support for Treasury Management, Merchant Services, and Financial Institution Group teams, including conducting legal research, advising on applicable laws and regulations, documentation, and procedures.
• Draft, review, and negotiate a variety of agreements and disclosures.
• Provide legal guidance for product development initiatives, new payment technologies, and digital banking solutions to ensure regulatory compliance and sound risk management.
• Partner with compliance, risk and operations to develop and maintain effective policies, procedures and contract frameworks.
• Respond to inquiries from the bank’s branches, help desk and operations areas, providing timely, clear and actionable legal guidance.
• Monitor emerging legal and regulatory developments affecting commercial banking and payment services and communicate implications to internal stakeholders.
• Coordinate and work on various legal bank projects as needed.
• Manage paralegals and other staff as well as outside counsel as needed.
• Support other areas of the Bank as needed or requested.

Salary Range

The annual salary range for this position is $200,000 - $230,000 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States.

Key Accountabilities

(Key accountabilities are addressed within the responsibilities and essential duties above.)

Job Location

The members of our Legal and Government Relations Department currently work in our Chicago, Evansville, Indianapolis, and Minneapolis/St. Paul markets.

Qualifications and Education Requirements

• Minimum of 10–15 years’ experience practicing law full‑time in a legal department of a medium or large financial institution, or with a major law firm with substantive experience during that time serving financial institutions.
• Admitted to practice and in good standing with the bar of one of the states in our footprint, with preference for Illinois, Indiana or Minnesota, or qualified to be registered to practice as in‑house counsel in the applicable state.
• Ability to apply sound legal analysis and practical business judgment to legal matters with a solutions‑oriented approach that balances legal and business objectives.
• Ability to consult with and advise Bank management at all levels.
• Strong written, oral and interpersonal communication skills.
• Ability to deliver timely, high‑quality work product.
• Ability to work independently and collaboratively in a client‑focused, team environment.

Desired Experience

• Strong understanding of applicable federal and state banking laws and regulations and guidance related to commercial banking, treasury management, merchant services, financial institution services, payments, and deposit operations.
• Familiarity with card brand rules, RTP, NACHA and other evolving payment systems.
• Experience reviewing, analyzing and drafting complex agreements with commercial clients, payment processors and third parties.
• Experience reviewing, analyzing and drafting customer disclosures.
• Knowledge of and experience with treasury management, commercial banking and payments products, and online delivery channels.
• Experience advising on API‑based solutions.
• Excellent analytical, communication and relationship‑building skills.
• Ability to effectively communicate legal advice and engage with lines of business consistent with the Bank’s culture and business strategy.
• Experience providing day‑to‑day support on branch questions and operations, deposit services and treasury matters.
• Ability to find efficiencies through preferred types of agreements and processes.

Old National is proud to be an equal opportunity employer. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.