Legal Processing Specialist

Purpose

The Legal Processing Specialist is responsible for handling legal documents, regulatory requests, and the management of unclaimed or abandoned property in accordance with federal and state laws. This role ensures that the bank complies with legal processes such as garnishments, levies, subpoenas, and escheatment of dormant accounts, while maintaining accurate documentation and supporting internal and external stakeholders.

Essential Functions

• Legal Processing
  Receive, review, and process legal documents (e.g., subpoenas, garnishments, levies, court orders) in a timely and accurate manner.
  Coordinate with legal counsel and internal departments to ensure appropriate response and compliance.
  Serve as a liaison between the bank and law enforcement, attorneys, courts, and regulatory bodies.
  Maintain logs and records of all legal documents and their status.

• Abandoned Property
  Monitor and manage dormant accounts in accordance with state-specific escheatment laws.
  Prepare and submit reports to state agencies for unclaimed property.
  Communicate with customers regarding dormant accounts and potential escheatment.
  Reconcile unclaimed property liabilities and ensure accurate reporting.

• Audit and Compliance
  Ensure all activities are conducted in compliance with applicable laws, regulations, and internal policies.
  Assist with audits, examinations, and regulatory reviews related to legal processing and escheatment.
  Stay up to date on changes in legislation and regulations impacting legal processing and unclaimed property.

Job Related Qualifications

• Required:

  • Education: High School Diploma
  • Prior Experience: 3+ years of experience working with legal documents, regulatory requirements, banking experience

• Preferred:

  • Education: Associate degree or Bachelor’s degree in business-related area of study
  • Prior Experience: 5+ years of experience Banking Operations, Abandoned Property or Legal experience handling subpoenas, restraints, levies, etc.

Competencies

• Attention to detail to ensure accuracy

• Excellent organizational skills with the ability to manage multiple priorities and meet established deadlines

• Responds to requests for information in a timely and professional manner

• Working knowledge of Microsoft applications with the ability to learn new and existing Banking software

• Strong interpersonal and communication skills (both written and verbal)

Physical Requirements

• Able to regularly sit for prolonged periods of time
• Able to travel occasionally within the corporate footprint
• Extensive computer usage is required

Benefits

• Medical, Dental, and Vision Insurance

• Health Savings Account

• Flexible Spending Account(s)

• Company Paid Life Insurance, Long-Term Disability, and Short-Term Disability

• Tuition Reimbursement

• Employee Referral Program

• Wellness Reimbursement Program

• Star Volunteer Program

• Employee Banking and Financial Perks

• Flexible Hybrid Work Schedule

• Paid Time Off (PTO)

• Company Paid Holidays