Description
WHAT IS THE OPPORTUNITY?
This position provides support to the Legal and Corporate Administrative Group of City National Bank on all aspects of bank and deposit operations. In this position, the Lead Paralegal would provide support to the attorneys on transactional and legal and/or regulatory matters related to banking and deposit operations, including reviewing, drafting and negotiating deposit related agreements and confidentiality agreements, review of corporate organizational documents and trusts, performing research assignments, and handling internal questions from bank colleagues.
What you will do:
Provides assistance to attorneys and other colleagues with respect to legal matters which include research, preparing memorandums, and drafting documents.
Identifies regulatory and legal gaps within area of expertise and assists in addressing such gaps.
Supports attorneys as needed.
Oversees other staff members’ work as needed.
May supervise outside counsel on assigned legal matters.
Responsible for certain administrative or operational functions within the Legal & Corporate Administrative Group.
Complies fully with all Bank policies and procedures, including the Colleague Code of Conduct, as well as all legal and regulatory requirements.
Completes all required training.
Review, negotiate and draft legal contracts, such as control agreements for deposit accounts and securities accounts, confidentiality agreements, sponsorship agreements, and other account related contracts.
Manage internal questions related to bank and deposit operations under attorney supervision (e.g., account opening, signing authority, adverse claims, etc.).
Review and analyze documents such as entity formation documents, corporate resolutions, trust documents, contract terms, court orders, etc., to respond to inquiries on a wide variety of legal-related issues.
Conduct legal research and prepare legal analysis and correspondence under attorney supervision.
Develops and maintains process to track legal and regulatory updates to the bank’s core Deposit Account Agreement & Disclosures.
Assist in the drafting and organization of Legal and Corporate Administrative Group forms and templates.
Assist with special projects including updates to account disclosures and account agreements, and assist with regulatory filings pertaining to branch licensing under attorney supervision.
Conduct pre-claim investigation, legal research and early claim assessments.
Evaluating potential legal, regulatory and reputational risk.
Complies fully with all bank operational and credit policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Know Your Client,
Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.)
Requirements
Must-Have*
10+ years of paralegal experience with a corporate law firm, public reporting corporation, government agency, or financial services institution required.
10+ years of basic computer experience required. (eg. Microsoft Word, Excel, Outlook and PowerPoint
Skills and Knowledge:
A certificate of completion of a paralegal program approved by the American Bar Association preferred.
Thorough knowledge of the assigned specialized area(s) of the Bank .
Strong legal research, writing, analytical, and communication skills; ability to solve problems independently.
Strong contract drafting skills.
Strong verbal and written communication skills and the ability to interact effectively with customers, outside attorneys, and City National Bank colleagues.
Must be able to work accurately and effectively in a highly confidential, detail- and result-oriented environment.
Ability to exercise good judgment, common sense and initiative, and to anticipate and spot potential issues.
Strong time management skills and ability to multi-task and meet deadlines effectively.
Effective project management, presentation and organizational skills.
Experience in some of the above listed “Responsibilities” is expected.
Prior experience working at a financial institution or working with financial institution clients at a law firm would be a plus.
Thorough knowledge of legal research tools such as LEXIS, Westlaw, Practical Law.
Strong computer proficiency (Microsoft – Word, Excel and Outlook).
Self-motivated and be capable of working both independently as well as in a team.
