Lead Paralegal
City National Bank - Los Angeles, CA
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LEAD PARALEGAL 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 operationsIn 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 colleaguesWhat you will do Provides assistance to attorneys and other colleagues with respect to legal matters which include research, preparing memorandums, and drafting documentsIdentifies regulatory and legal gaps within area of expertise and assists in addressing such gapsSupports attorneys as neededOversees other staff members' work as neededMay supervise outside counsel on assigned legal mattersResponsible for certain administrative or operational functions within the Legal & Corporate Administrative GroupComplies fully with all Bank policies and procedures, including the Colleague Code of Conduct, as well as all legal and regulatory requirementsCompletes all required trainingReview, negotiate and draft legal contracts, such as control agreements for deposit accounts and securities accounts, confidentiality agreements, sponsorship agreements, and other account related contractsManage 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 issuesConduct legal research and prepare legal analysis and correspondence under attorney supervisionDevelops and maintains process to track legal and regulatory updates to the bank's core Deposit Account Agreement & DisclosuresAssist in the drafting and organization of Legal and Corporate Administrative Group forms and templatesAssist with special projects including updates to account disclosures and account agreements, and assist with regulatory filings pertaining to branch licensing under attorney supervisionConduct pre-claim investigation, legal research and early claim assessmentsEvaluating potential legal, regulatory and reputational riskComplies fully with all bank operational and credit policies and procedures as well as all regulatory requirements (e.gBank Secrecy Act, Know Your Client, Community Reinvestment Act, Fair Lending Practices, Code of Conduct, etc.) Must-Have 10+ years of paralegal experience with a corporate law firm, public reporting corporation, government agency, or financial services institution required10+ years of basic computer experience required(egMicrosoft Word, Excel, Outlook and PowerPoint Skills and Knowledge A certificate of completion of a paralegal program approved by the American Bar Association preferredThorough knowledge of the assigned specialized area(s) of the Bank Strong legal research, writing, analytical, and communication skills; ability to solve problems independentlyStrong contract drafting skillsStrong verbal and written communication skills and the ability to interact effectively with customers, outside attorneys, and City National Bank colleaguesMust be able to work accurately and effectively in a highly confidential, detail- and result-oriented environmentAbility to exercise good judgment, common sense and initiative, and to anticipate and spot potential issuesStrong time management skills and ability to multi-task and meet deadlines effectivelyEffective project management, presentation and organizational skillsExperience in some of the above listed "Responsibilities" is expectedPrior experience working at a financial institution or working with financial institution clients at a law firm would be a plusThorough knowledge of legal research tools such as LEXIS, Westlaw, Practical LawStrong computer proficiency (Microsoft - Word, Excel and Outlook)Self-motivated and be capable of working both independently as well as in a teamCompensation Starting base salary: $41.83 - $66.81 per hourExact compensation may vary based on skills, experience, and locationThis job is eligible for bonus and/or commissions To be considered for this position you must meet at least these basic qualifications The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classificationIt is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this jobBenefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleaguesGet an inside look at our Benefits and PerksABOUT CITY NATIONAL City National Bank, a subsidiary of Royal Bank of Canada, is the largest bank headquartered in Los Angeles with $92.03 billion in assets as of April 30, 2024Founded in 1954, City National provides personalized banking, investment and trust services in select markets including Los Angeles, Orange County, San Diego, the San Francisco Bay Area, New York City, Nashville, Atlanta, Delaware, Las Vegas, Washington D.Cand Miami. In addition, the company and its investment affiliates manage or administer $96.83 billion in client investment assetsCity National is dedicated to strengthening communities, and in 2023 alone, the company made more than $11 million in charitable contributions to nonprofits that support the communities it serves City National Bank does business in Miami and the state of Florida as CN BankFor more information about City National, visit EQUAL OPPORTUNITY EMPLOYER & REASONABLE ACCOMMODATION City National Bank is an equal opportunity employer committed to promoting and maintaining a diverse, equitable and inclusive working environment where differences are valued and encouragedAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by the laws or regulations in the locations where we operate or in our Code of ConductREAD MORE If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation for any part of the employment processPlease contact us via email or leave a message at (213) 673-9139These contact methods are dedicated to applicants whose disability prevents them from successfully applying onlineOnly messages left for this purpose will be returnedResponses may take up to two business days.
Created: 2024-11-07