Paralegal - Special Assets Practice Group (Hybrid - see details)

at  MT Bank

Buffalo, New York, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate18 Jun, 2024Not Specified19 Mar, 20243 year(s) or aboveLoan DocumentsNoNo
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Description:

** This is a hybrid position requiring in-office work multiple days every week and will be based in Buffalo, NY
Overview:
Provide paralegal support as deemed necessary by Legal Division attorneys, primarily representing Commercial Division of M&T Bank and its affiliates, and supporting other Legal Division initiatives, as needed. Day-to-day focus on tasks relating to Legal’s support of the Commercial bank including management and coordination of external law firm relationships, communications, invoices and maintenance of commercial forms and documentation, Special Assets and Commercial Lending transactional support, and general management, coordination and resolution of issues and matters arising in area(s) assigned.

Primary Responsibilities:

  • Maintenance and updating of the Approved Outside Counsel List for Commercial Lending including coordinating and organizing annual status renewal process for all approved outside counsel.
  • Assisting with communications to outside counsel and administrative maintenance of law firm electronic files, including filing of relevant correspondence, etc.
  • Maintenance and coordination of commercial lending forms lists and updates to exclusive outside counsel access website.
  • Support for Commercial Legal Spend Project, Abandoned Funds Project (which seeks to identify and claim funds owned to M&T that have been escheated to a state) and other Legal Division initiatives as may arise from time to time.
  • Assist in legal spend projects, including the review of Outside Counsel invoices per Department guidelines.
  • Transactional support of Special Assets, Commercial Lending and general Commercial bank matters, including review of loan documents and confidentiality/non-disclosure agreements.
  • Conduct legal research, review, and interpret legal documents for validity, content, accuracy, and compliance.
  • Apply knowledge, experience, and judgment to provide recommendations to subject matter attorneys handling miscellaneous legal issues and transactions.
  • Develop a thorough understanding of the business lines supported, their functions, processes, and operations.
  • Maintain general contact with and act as a liaison between attorneys and clients with respect to products and services as assigned.
  • Assess bank forms for the purpose of determining whether any revisions are necessitated by changes in regulations, bank policy or product set offered.
  • Assist in/Perform review, investigation, and management of legal complaints and other legal matters referred to Counsel’s Office; obtain and analyze information related thereto, and coordinate and monitor response or refer as appropriate.
  • Administrative responsibilities, including coordinating meetings and business/legal participants, workflow follow-through, and ensuring legal meets critical deadlines.
  • Determine escalation of communication needed.
  • May prepare reports, exhibits, memoranda, and/or statistical analysis to be used in litigating cases, answering legal questions, or making legal determinations.
  • Maintain a working knowledge and understanding of laws, common law, and regulations applicable to the subject matter assigned.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Scope of Responsibilities:
The position requires extensive interaction with Counsel, internal business unit personnel, and external customers, vendors and governmental agencies. The incumbent works under the general supervision of an attorney.
Supervisory/ Managerial Responsibilities:
Not applicable.

Education and Experience Required:

  • Paralegal Certification and a minimum of 3 years of paralegal work experience.

Preferred Qualifications:

  • Experience as a commercial lending paralegal/commercial lending transactions and commercial loan documents is preferred.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $28.48 - $47.46 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Buffalo, New York, United States of Americ

Responsibilities:

  • Maintenance and updating of the Approved Outside Counsel List for Commercial Lending including coordinating and organizing annual status renewal process for all approved outside counsel.
  • Assisting with communications to outside counsel and administrative maintenance of law firm electronic files, including filing of relevant correspondence, etc.
  • Maintenance and coordination of commercial lending forms lists and updates to exclusive outside counsel access website.
  • Support for Commercial Legal Spend Project, Abandoned Funds Project (which seeks to identify and claim funds owned to M&T that have been escheated to a state) and other Legal Division initiatives as may arise from time to time.
  • Assist in legal spend projects, including the review of Outside Counsel invoices per Department guidelines.
  • Transactional support of Special Assets, Commercial Lending and general Commercial bank matters, including review of loan documents and confidentiality/non-disclosure agreements.
  • Conduct legal research, review, and interpret legal documents for validity, content, accuracy, and compliance.
  • Apply knowledge, experience, and judgment to provide recommendations to subject matter attorneys handling miscellaneous legal issues and transactions.
  • Develop a thorough understanding of the business lines supported, their functions, processes, and operations.
  • Maintain general contact with and act as a liaison between attorneys and clients with respect to products and services as assigned.
  • Assess bank forms for the purpose of determining whether any revisions are necessitated by changes in regulations, bank policy or product set offered.
  • Assist in/Perform review, investigation, and management of legal complaints and other legal matters referred to Counsel’s Office; obtain and analyze information related thereto, and coordinate and monitor response or refer as appropriate.
  • Administrative responsibilities, including coordinating meetings and business/legal participants, workflow follow-through, and ensuring legal meets critical deadlines.
  • Determine escalation of communication needed.
  • May prepare reports, exhibits, memoranda, and/or statistical analysis to be used in litigating cases, answering legal questions, or making legal determinations.
  • Maintain a working knowledge and understanding of laws, common law, and regulations applicable to the subject matter assigned.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned


REQUIREMENT SUMMARY

Min:3.0Max:8.0 year(s)

Legal Services

Legal

Legal Services

Graduate

Proficient

1

Buffalo, NY, USA