Senior Banking Lawyer

About the Role

This is a senior, high-impact role where you will shape the legal and regulatory framework of a growing mutual bank. You'll provide sharp, commercial legal advice across the organisation .

From front-line operations to strategic projects, ensuring compliance, managing risk, and enabling innovation in a dynamic business and regulatory environment.We're looking for someone who thrives on complexity, collaboration, and influence.

With deep retail banking expertise and a passion for delivering win–win outcomes, you'll play a key role in safeguarding member interests while driving strong customer experiences. Your advice will be sought after for its speed, accuracy, and clarity, and valued for helping the Bank move forward with confidence.The role goes beyond pure banking.

You'll bring your broader in-house financial services experience to guide enterprise-wide issues such as mergers, employment law, IP/IT procurement, and company secretarial matters.

A natural business partner, you'll be trusted to work across diverse teams, building pragmatic solutions that balance legal precision with commercial outcomes.

To excel, you'll combine exceptional communication skills with the confidence to influence senior leaders and negotiate effectively with suppliers and partners. Your ability to navigate complex regulatory environments while staying solutions-focused will set you apart. As a senior leader, you'll also take the lead in risk management and process improvement, ensuring the Bank not only stays compliant but continues to raise the bar on governance and regulatory excellence.

Essential duties and responsibilities will include:

• Provide expert legal advice on banking, corporate, and financial services matters, includingregulatory compliance, contracts, and corporate governance.
• Focus on applying the provisions of the National Credit Code; (B) retail ADI banking regulationsrelating to deposit taking; (C) prudential standards; and the Customer Owned Banking Code of Practice specific to simple deposit/savings and mortgage products.
• Ensure compliance with relevant laws, including the Corporations Act, Banking Act, andASIC/APRA regulatory requirements.
• Monitor and interpret changes in legislation and regulatory frameworks, advising on their impacton the bank's operations.
• Draft, review, and negotiate a range of legal documents, including contracts, financingagreements, and service-level agreements.
• Oversee legal aspects of strategic initiatives, including mergers, partnerships, and productdevelopment.
• Identify, assess, and manage legal risks across the bank's operations.
• Collaborate with risk and compliance teams to ensure a cohesive approach to risk management.
• Support the company secretary and governance functions by preparing legal input for boardpapers and resolutions.
• Provide advice on director duties, conflicts of interest, and other governance matters.
• Manage and resolve disputes and litigation, including liaising with external counsel wherenecessary.
• Work closely with internal stakeholders, including senior executives, operations teams, and theBoard, to provide clear and practical legal guidance.
• Liaise with external stakeholders and external legal advisors as required.

About You

The ideal candidate will have the following experience and attributes:

Essential:

• Admitted as a solicitor in New South Wales with a current practicing certificate.
• Minimum of 5-15+ years of post-qualification experience in banking, finance, or corporate law(preferably in a mutual bank, financial institution, or law firm with strong retail banking expertise).
• Strong knowledge of financial services laws and regulations, including ASIC and APRA frameworks.
• Demonstrated expertise in applying the National Credit Code; (B) retail ADI banking regulations relating to deposit taking; (C) prudential standards; and the Customer Owned Banking Code of Practice specific to simple deposit/savings and mortgage products.
• Demonstrated ability to manage competing deadlines, apply the law confidently and enjoy dealing with uncertainty and change.
• Experience in mutual banking or customer-owned institutions.
• Familiarity with consumer credit law, privacy law, financial product disclosures, IT/IP procurementand technology contracts, employment law and corporate governance.
• Experience with dispute resolution and litigation management.
• Strong stakeholder management and interpersonal skills.

About us

Teachers Mutual Bank Limited is one of the largest mutual banks in Australia. We are a globally-recognised socially responsible bank with profit-for-purpose as our business model and philosophy.

At our Bank, social responsibility is built-in, not bolted on and drives our business practices, people, and products. We are proud to serve some of Australia's essential workers in education, emergency services and healthcare. We believe they deserve a bank that does good for their community. We have been named one of the World's Most Ethical Companies for ten years in a row and are a Certified B Corp Bank.

Our employees embrace our organisation's values of passion, advocacy and sustainability, and contribute to a diverse and inclusive workplace culture founded on mutual respect, equality and a focus on striving to deliver exceptional member service.

We are an Employer of Choice, promote Diversity and Inclusion, and follow EEO principles by appointing on merit. We work under a hybrid working model to provide flexibility in the workplace.

For more information about working conditions as well as our employee value proposition, please visit the careers page on our website at or find us on LinkedIn

How to apply: Please click the APPLY button and follow the prompts.

For a confidential conversation, please contact Lyndsay Flett | Teachers Mutual Bank Ltd may conduct a background or reference check (or both) as part of the recruitment process.

By applying you agree to cooperate fully in those procedures and understand that an offer is subject to the satisfactory outcome of those checks, at the discretion of Teachers Mutual Bank Ltd.