At a Glance
- Tasks: Provide expert legal advice and support strategic initiatives in retail banking.
- Company: Join a purpose-led mutual bank committed to social responsibility and ethical practices.
- Benefits: Enjoy hybrid working, competitive salary, and a strong commitment to employee wellbeing.
- Other info: Be part of a diverse team that values collaboration and innovation.
- Why this job: Shape the future of banking while making a positive impact on communities.
- Qualifications: 5-15+ years PQE in banking law with strong regulatory knowledge.
The predicted salary is between 121500 - 148500 $ per year.
Join a Bank That's Growing, Evolving and Raising the Bar! Step into a legal leadership role at a purpose‑led, high‑performing organisation where your work shapes the future of retail banking. Be part of a respected legal team known for strong collaboration, genuine connection and a friendly, engaged culture. As a BCorp Certified bank (score 121.6) we care for our members and look for win/win outcomes for people, purpose and planet. Here, collaboration beats hierarchy, people genuinely care about each other, and your expertise will be valued, visible and influential across the bank. This is your opportunity to join a high‑impact team, contribute to exciting strategic initiatives, and play a meaningful role in projects that directly shape the member experience and the future of the Bank.
About the Role
Our team is looking for Retail Banking Lawyers who genuinely understand the Australian retail banking landscape. People with deep experience in consumer lending, simple deposit and mortgage products, ADI obligations, NCC and NCCP, and the regulatory frameworks that govern modern retail banking.
What You Will Do
- Provide expert legal partnership across the Bank, ensuring clarity, governance strength and commercial confidence.
- Provide commercial, solutions‑oriented legal advice across banking, consumer credit, corporate and financial services matters.
- Apply deep understanding of core regulatory regimes including the NCC, NCCP, APRA prudential standards, retail ADI obligations and the Customer Owned Banking Code of Practice, particularly across deposit, savings and mortgage products.
- Ensure compliance with the Corporations Act, Banking Act, ASIC and APRA requirements.
- Monitor emerging regulatory change and translate developments into practical, actionable business guidance.
- Draft, negotiate and review contracts, finance agreements, SLAs and product documentation across the Bank's operations.
- Support major strategic initiatives including mergers, partnerships, integrations and new product development.
- Identify and manage legal risk across business units, working closely with Risk and Compliance for cohesive governance outcomes.
- Support Company Secretary functions through board papers, resolutions and guidance on governance and director duties.
- Manage disputes and litigation, including oversight of external counsel.
- Partner with executives, operations leaders and the Board to deliver clear, timely and commercial legal advice that supports strategic decision‑making and innovation across the Bank.
About You
- Admitted solicitor in New South Wales with a current practising certificate.
- 5-15+ years PQE in banking, finance or corporate law, with deep retail banking experience.
- Strong understanding of ASIC and APRA frameworks.
- Demonstrated experience with the NCC, NCCP, retail ADI regulations, prudential standards and the Customer Owned Banking Code of Practice.
- Comfortable managing ambiguity, prioritising effectively and operating confidently through change.
- Experience in mutual or customer‑owned banking is highly regarded.
- Broader exposure across consumer credit, privacy, technology/IP procurement, employment law, financial product disclosures and corporate governance is a strong advantage.
- Excellent communication and stakeholder engagement skills, including managing disputes and litigation.
About Us
Teachers Mutual Bank Limited is one of Australia's largest mutual banks, recognised globally for its profit‑for‑purpose model and commitment to social responsibility. We proudly support essential workers in education, emergency services and healthcare, and are a ten‑time World's Most Ethical Companies honouree and a Certified B Corp Bank. Our people live our values of passion, advocacy and sustainability, and contribute to a diverse, inclusive culture built on mutual respect and a strong commitment to exceptional member experience. We offer hybrid working and a comprehensive employee value proposition. Learn more at tmbank.com.au or connect with us on LinkedIn.
Senior Banking Lawyer in Sydney employer: Teachers Mutual Bank Limited
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Contact Details:
Teachers Mutual Bank Limited Recruitment Team
