How I Lawyer Podcast with Jonah Perlin

#004: Jay Hyne - Director of Regulatory Relations

Jan 10, 2021
Jay Hyne, the Director of U.S. Regulatory Relations at American Express, shares his fascinating journey from litigation to regulatory work. He emphasizes the importance of emotional intelligence and reputation in the legal profession. Jay discusses the impact of parental leave on family bonding and career satisfaction. He highlights the regulatory challenges faced by American Express, including navigating complex regulations like the Dodd-Frank Act. Drawing from his experiences, he reflects on the value of mentorship and the adaptability required in non-traditional legal roles.
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INSIGHT

American Express Is A Bank

  • American Express operates as a bank and underwrites cards and lending products.
  • That status subjects it to heavy banking regulations and bank regulators.
INSIGHT

Team Runs Regulatory Examinations

  • My team orchestrates every regulator interaction and examination for Amex's bank.
  • Examinations probe policies, data, and include annual cybersecurity audits.
INSIGHT

Distill Complexity Into Key Takeaways

  • Jay Hyne says top legal skill is distilling complex info into concise takeaways.
  • That skill lets you brief senior leaders after long regulatory meetings.
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