Banking Paralegal
Company: Soarion Credit Union
Location: San Antonio
Posted on: October 3, 2024
Job Description:
JOIN Soarion Credit Union in 2024!!We take care of our people:
Joining Soarion Credit Union is the career move to make in 2024!
Soarion Credit Union offers FREE Health and Dental Coverage for you
as an employee, as well as a GENEROUS Paid Time Off (PTO) bank for
rest and relaxation away from work! We also offer all paid days off
for Federal holidays!Role:Our Banking Paralegal is responsible for
providing critical legal support and performing tasks to support
departmental legal requests. This role requires expertise in
relevant regulations, including those governing IRA and fiduciary
accounts, bankruptcy and collections. Work Location: This is an
onsite position. Occasional remote work may be available for select
positions and is subject to prior approval by management. What you
will be doing:Bankruptcy Expertise:
- Manages a portfolio of bankruptcy accounts, responds to
inquiries and processes relevant documents.
- Understands and interprets bankruptcy laws, rules and
regulations, and ensures compliance.
- Attend meetings with stakeholders; debtors, attorneys, trustees
and creditors.
- Consult with employees regarding collection actions.
- Collaborates with the bankruptcy team on account performance
and evaluates monthly loan losses.IRA Expertise:
- Processes IRA-related requests while adhering to IRS
regulations and credit union policies.
- Conducts retirement and benefits-related calculations, and
serves as an IRA Subject Matter Expert for inquiries.
- Serves as the IRA Subject Matter Expert and responds to
department inquiries timely through the appropriate communication
channels.
- Liaises with Ascensus and develop IRA rate sheets, assisting
with transactions and compliance.Fiduciary Account Expertise:
- Provides support for fiduciary accounts and ensure compliance
with standards.
- Maintains knowledge of products and assists with membership
matters.Legal Research and Documentation:
- Drafts and prepares legal documents related to collections and
manage cases from start to finish.
- Ensures all legal documents are properly filed and imaged.
- Coordinates and oversees all activities involving attorneys and
precinct coordinators. And process servers for all stages of the
litigation process for all 50 states.Collections Support:
- Works with the collections team on strategies for managing
bankruptcy and charge-off accounts.
- Interfaces with legal counsel for debt recovery and recommend
actions based on analysis.Compliance and Reporting:
- Ensures adherence to regulations for IRA, fiduciary,
bankruptcy, and collections.
- Maintains accurate records and generate end-of-month
reports.Client Interaction and Support:
- Serves as a contact point for members and legal
representatives, providing guidance on legal matters.
Administrative Tasks:
- Organizes legal files and assist with scheduling court
appearances and meetings.
- Updates procedures and identify process improvements.What
you'll bring along:
- Associate's degree in paralegal studies, Legal Studies, or a
related field; Bachelor's degree preferred.
- Paralegal certification (e.g., NALA, NFSPS) is a plus.
- Minimum of 3 years of experience as a paralegal, with
significant experience in IRA, fiduciary accounts, bankruptcy,
collections.Preferred:
- Extensive knowledge of IRA regulations, fiduciary accounts,
bankruptcy laws, and collection practices.
- Strong research, analytical, and drafting skills.
- Proficient in legal research tools and Microsoft Office
Suite.
- Detail-oriented with excellent organizational skills.
- Effective communication and interpersonal skills across all
levels of audience, capable of interacting professionally with
members, attorneys, and legal professionals.
- Ability to use independent judgment to make quick decision
within written policy and standard operating procedures.
- In-depth knowledge of Credit Union products and services,
procedures and field of membership requirements.
We are Committed to Equal Opportunity. Soarion Credit Union
believes in equal opportunity for all and is committed to ensuring
all individuals have an opportunity to apply for the positions that
they are interested in and qualify for without regard to race,
religion, ethnicity, national origin, citizenship, gender, gender
identity, sexual orientation, age, veteran status, disability,
genetic information, or any other protected characteristic. Our
equal employment opportunity policy statement, pay transparency
nondiscrimination agreement, and the Know Your Rights: Workplace
Discrimination is Illegal Poster reaffirm this commitment.Soarion
Credit Union is also committed to providing reasonable
accommodations to qualified individuals with a disability so that
an individual can perform job-related duties. If you are interested
in applying for an employment opportunity and require special
assistance or an accommodation to apply due to a disability, please
contact our Human Resources team at humanresources@soarion.org.
PI0ae136fc0469-37248-35670898
Keywords: Soarion Credit Union, Round Rock , Banking Paralegal, Accounting, Auditing , San Antonio, Texas
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