What are the responsibilities and job description for the Paralegal position at Truist Bank?
Language Fluency: English (Required)
Work Shift:
Job Grade:
109Please review the following job description:
Utilize advanced knowledge of the law, legal processes, and management skills to assist attorneys in one or more of the following substantive legal areas: regulatory, contracts, intellectual property, litigation, governance, complex lending transactions, real estate, mergers and acquisitions, securities, trusts, bankruptcy, insurance, tax, and labor/employment. Responsible for substantial volume of varying or highly complex matters with minimal supervision and has substantial expertise in one or more specific skill sets or specialized legal practice areas.***Position is being posted as a multi-level position based on candidates experience relevant to the role. Candidate will be placed in appropriate grade level commensurate with experience. *****
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Support Legal Department or business unit in improving processes, knowledge management, information governance, records management, vendor management, and use of technology.
2. Exercise independent judgment and discretion in drafting and negotiating appropriate contractual or other commercial lending legal documents to ensure mitigation of financial and regulatory risk to the company.
3. Review and analyze formation and operating documents relating to business entities and trusts.
4. Analyze, draft and/or amend resolutions and authorizations, loan agreements, promissory notes, security agreements, mortgage instruments, guarantees, intercreditor agreements, landlord’s waivers, SNDAs, control agreements, assignments of life insurance policies and UCC financing statements.
5. Research and analyze federal and state statutes, rules and regulations relevant to commercial lending.
6. Respond to questions relating to commercial lending legal issues and related bank policies, procedures and practices raised by internal line of business representatives and other support function representatives within Truist.
7. Retrieve and review bank records in response to questions and issues raised by internal bank representatives and external clients.
8. Review and analyze title search reports, title insurance commitments and policies and UCC, lien and judgment search reports.
9. Assist attorneys with loan servicing and preliminary collection efforts including drafting strict compliance, covenant waiver, non-renewal and demand letters
10. Work with internal attorneys and ither paralegals to review, revise and update Truist’s form commercial loan documents.
11. Develop strong relationships with internal and external project stakeholders, including other Legal Department Teammates, lines of business, and other support function partners such as Compliance, Operations and Risk.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor’s Degree or Paralegal Certificate.
2. 5- 10 years of relevant experience in a corporate setting, law firm, or government agency.
3. Excellent research and writing skills.
4. Superior organizational skills while being able to prioritize workload to meet critical timelines.
5. Ability to communicate effectively with all levels of teammates, including senior management and executives.
6. Creative problem-solving and analytical skills with ability to identify and resolve problems in a timely manner seeking input of others as needed. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
7. Team-oriented mentality with a demonstrated aptitude for managing or fitting into a project team.
8. Superior interpersonal and inter-team communication skills.
9. Ability to handle a heavy workload with shifting priorities and competing deadlines.
Preferred Qualifications:
1. Certified Legal Assistant designation or have passed the Paralegal Advanced Competency Examination
2. 5 years of experience with commercial lending loan documentation and closings is strongly preferred
OTHER JOB REQUIREMENTS / WORKING CONDITIONS
Sitting
Constantly (More than 50% of the time)
Standing
Occasionally (Less than 25% of the time)
Walking
Occasionally (Less than 25% of the time)
Bending
Occasionally (Less than 25% of the time)
Lifting
Up to 25 lbs.
Visual / Audio / Speaking
Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
Manual Dexterity / Keyboarding
Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Availability
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel
Minimal and up to 10%
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
