Junior Banking Lawyer

About the Role

This is a junior, high-impact role where you will shape the legal and regulatory framework of a growing mutual bank. You'll be supported to 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. You'll play a key role in safeguarding member interests while driving strong customer experiences. You'll be supported to generate advice that 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 enthusiasm for developing 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 curiosity, empathy with the confidence to help influence senior leaders and negotiate effectively with suppliers and partners. Your willingness to navigate complex regulatory environments while staying solutions-focused will set you apart. You'll also be supported 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, including regulatory compliance, contracts, and corporate governance.
• Focus on applying the provisions of 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.
• Ensure compliance with relevant laws, including the Corporations Act, Banking Act, and ASIC/APRA regulatory requirements.
• Monitor and interpret changes in legislation and regulatory frameworks, advising on their impact on the bank's operations.
• Draft, review, and negotiate a range of legal documents, including contracts, financing agreements, and service-level agreements.
• Oversee legal aspects of strategic initiatives, including mergers, partnerships, and product development.
• 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 board papers 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 where necessary.
• Work closely with internal stakeholders, including senior executives, operations teams, and the Board, 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:

• Whether you're already admitted in NSW with a practising certificate, or a paralegal on track for admission, this role supports your next career step.-Demonstrated ability to manage competing deadlines, communicate with empathy and skill and enjoy dealing with uncertainty and change.
• By November - Able to work in office 4 days per week to help build your presence, profile and influence in the bank.
• Enthusiastic, motivated and hardworking person willing to roll your sleeves up and hit the ground running in a fast paced and evolving bank putting members/customers at the heart of all we do.
• Ready for your next step: already admitted in NSW (or on track) with a practising certificate.
• Thrives under pressure: skilled at juggling deadlines, communicating with impact, and adapting to change.
• Visible and influential: in-office 4 days a week to build profile and presence across the Bank.
• Driven and hands-on: energetic, motivated, and ready to roll up your sleeves in a fast-moving environment where members always come first.

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.