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Legal Coordinator

  • Job
    Full-time
    Junior Level
  • Legal
    Banking & Finance
  • Olean

AI generated summary

  • You need a bachelor's degree, strong reading and math skills, Excel proficiency, two years in relevant fields, and the ability to maintain workflows while demonstrating integrity and teamwork.
  • You will support legal servicing functions for mortgage loans, manage foreclosure and bankruptcy processes, collaborate with teams, ensure compliance, and perform collection duties as needed.

Requirements

  • Bachelors degree or equivalent specialized training and work experience required
  • All applicants must be 18 years of age or older
  • Proficient reading, writing, and grammar skills
  • Excellent mathematical skills
  • Thorough knowledge of Excel
  • Proficient communicative skills
  • Ability to create, implement, and maintain workflows based on regulatory guidelines
  • Highly organized; results driven with competency to meet demands of proficiency, effectiveness, and efficiency
  • Demonstrate ability to analyze data from reports/workbooks
  • Must be collaborative, have the ability to adapt and reprioritize, as well as have an independently objective mindset
  • Must be able to consistently demonstrate the Company's core values: integrity, excellence, and teamwork
  • Minimum of two years with collections, foreclosure, bankruptcy, loss mitigation, finance, accounting, legal, or real estate fields strongly preferred.

Responsibilities

  • This position supports senior bank and department management to be compliant with bank and investor guidelines with portfolio and investor mortgage loans, by conducting legal servicing (foreclosure and bankruptcy) functions.
  • Supports CRES management in conducting legal servicing functions, in order to effectively protect bank and investor collateral by, but not limited to:
  • Foreclosure, from referral to sale/auction
  • Bankruptcy, from filing/proof of claim to discharge/dismissal
  • Loss Mitigation, from solicitation to maintaining workout plans
  • Administrative, from investor to protective advance workflows
  • Insurance claims, from mortgage guarantee to total loss claims
  • Legal servicing requests
  • Develops, maintains, and administers policies and procedures established and guided by the bank, investor, and/or regulatory agencies, to remain in compliance
  • Collaborates with:
  • All CRES staff to ensure borrowers are properly addressed regarding:
  • Remedying foreclosure actions
  • Handling bankruptcy accounts
  • Home retention (collections and loss mitigation) staff for:
  • Deed-in-lieu of foreclosures
  • Short sales
  • Other departments and branches to improve or develop effective practices, address needs, and expand on opportunities
  • Investors as applicable for secondary market accounts
  • Performs all collection and servicing staff duties as needed
  • Other duties as assigned
  • Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all training requirements in a timely fashion

FAQs

What qualifications are required for the Legal Coordinator position?

A Bachelor's degree or equivalent specialized training and work experience is required. Additionally, all applicants must be 18 years of age or older.

What are the essential responsibilities of the Legal Coordinator?

The Legal Coordinator supports senior management in legal servicing functions, which include foreclosure, bankruptcy, loss mitigation, and insurance claims management, among others.

How many years of experience in relevant fields is preferred for this role?

A minimum of two years of experience in collections, foreclosure, bankruptcy, loss mitigation, finance, accounting, legal, or real estate fields is strongly preferred.

What skills are necessary for this position?

Necessary skills include proficient reading, writing, and grammar skills, excellent mathematical skills, thorough knowledge of Excel, proficiency in communication, and organizational abilities. Additionally, the ability to analyze data and collaborate effectively is essential.

What are the physical demands of the job?

Employees may be required to stand, walk, sit, use their hands, reach with hands or arms, and speak and hear. They may occasionally need to lift or move up to 25 pounds.

What are the typical working hours for the Legal Coordinator?

The typical working hours are Monday to Friday from 8:00 AM to 4:30 PM, with some weekends and holidays required.

What benefits are offered to the Legal Coordinator?

Benefits include competitive salary, 11 paid holidays, paid vacation, medical, vision and dental insurance, a 401K with generous match, pension, tuition reimbursement, banking discounts, and more.

Is this position open to applicants of all backgrounds?

Yes, the Company is an Affirmative Action, Equal Opportunity Employer and celebrates a diverse workplace. All qualified applicants will receive consideration for employment without regard to protected characteristics.

What is the salary range for the Legal Coordinator position?

The salary range is between USD $21.75 and USD $30.50 per year, commensurate with experience.

Are reasonable accommodations available for individuals with disabilities during the application process?

Yes, the Company will make reasonable accommodations for qualified individuals with a disability upon request. Applicants can contact the Human Resources Department for assistance.

Finance
Industry
1001-5000
Employees

Mission & Purpose

Community Bank System Inc. (NYSE:CBU) is a full-service financial institution with more than 225 customer locations across New York, Pennsylvania, Vermont and Massachusetts, where we’re known as Community Bank, N.A. With over $16.2 billion in assets, we have the resources to finance a wide range of personal, business banking and commercial business needs. Since 2012, Community Bank has consistently been named in the top 15 on Forbes’ list of Best Banks in America, twice reaching the No. 3 spot. Established in 1866, Community Bank empowers our more than 3,000 employees across 21 states to be decision makers at the local level, leveraging the strong personal relationships we have with our customers with their financial expertise to drive the best results. This gives our team the confidence to make those decisions, and our customers the comfort in knowing the person they work with every day is the person they need to talk to. We consistently invest in our communities through financial support, fundraisers and volunteer efforts, giving our employees the support to help make a difference. Whether it’s donating to local non-profit organizations or financing the businesses that give a community its identity, working together to make life better is what Community Bank is all about. Member FDIC. Equal Housing Lender. Our Diversity Council of more than 100 employees was created to make sure no one feels unheard, unseen or uninvited. Through that effort, we’ll foster a culture that doesn’t just accept diversity, but values it. For more info, visit cbna.com/diversity. Other subsidiaries within the Community Bank System Inc. family include: Community Bank Wealth Management: - Community Investment Services, Inc. - Community Bank Trust Services - The Carta Group - One Group Retirement Advisors - Nottingham Advisors, Inc. Partners: - Benefit Plans Administrative Services, LLC - OneGroup