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Years of Experience
Date Last Verified
Paralegal/Contracts Specialist The candidate will be responsible for reviewing, negotiating contractual language, administering the contracting process, and maintaining contract records. Will partner with internal business stakeholders and external vendors to ensure that contracts are efficiently and effectively reviewed and entered into. Reports to Senior Banking Counsel. Prepare, review, negotiate, and interpret contracts (including among others, confidentiality agreements, service agreements, consulting agreements, and amendments), ensuring business needs and priorities are met while minimizing potential risks. Read, understand, and analyze standard business and legal terms, identify issues and risks, and suggest potential solutions. Utilize and maintain contract forms, templates, standard clauses, checklists, guidelines, and policies. Coordinate and process information and responses from business stakeholders and other Legal Department members to utilize in contract review and negotiation. Maintain and update the contracts database to store/retrieve contracts, track contract status and milestones, and report on upcoming contract renewals or expirations. Prepare reports and statistics to facilitate the planning and maintenance of contract records. Assist with projects such as enterprise risk management, contract efficiency and contract tracking and reporting initiatives under the supervision of in-house attorneys. Examples may include projects such as assisting in the preparation of internal client communications and conducting internal client training on topics such as confidentiality and contracting requirements, developing template reports and designing and implementing SharePoint sites or other appropriate tracking tools. Provide training and guidance to business partners regarding the contract review and approval process, contracts management, and potential risks. Participate in and assist with the resolution of contract disputes and claims. Other duties as assigned.
Qualification and Experience
The candidate must have Paralegal Certification or Bachelor's Degree/Associate's Degree in related field. Must have 4+ yearsâ€™ experience as paralegal or in a substantially similar role. Advanced knowledge of state and federal laws and regulations applicable to financial institutions is required. Preference for experience in drafting, negotiation and administration. Knowledge in some or all facets of the following: contract law, litigation, loan and deposit compliance regulations, and the Uniform Commercial Code is required. Must have experience with review and independent negotiation of standardized contracts. Good understanding of contractual risk.
Req No. 2018-4348
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