Bank Paralegal (Legal Process)

at CIBC in Chicago, Illinois, United States

Job Description

We’re building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what’s right for our clients.

At CIBC, we embrace your strengths and your ambitions, so you are empowered at work. Our team members have what they need to make a meaningful impact and are truly valued for who they are and what they contribute.

To learn more about CIBC, please visit CIBC.com (https://www.cibc.com/en/about-cibc.html)

What you’ll be doing

CIBC Bank USA is hiring a Bank Paralegal (Legal Process) to join its Legal Department. The Bank Paralegal (Legal Process) is responsible for working in collaboration with internal legal counsel, external counsel, and a small team of other paralegals to process a variety of legal orders and notices received from governmental and private parties, relating to CIBC and/or its commercial and consumer clients. These orders and notices may include, for example, subpoenas, civil investigative demands, garnishments, levies, citations to discover assets, summons, and notices of mechanic’s liens. As a member of the CIBC Bank USA Legal Process team, this Paralegal plays a vital role in making sure that these items are promptly responded to in compliance with applicable laws. The successful candidate for this position will work well as a team member in a fast-paced environment, be detailed-oriented, and take initiative to increase knowledge in areas relevant to the role.

The team member will need to be on-site in our Chicago Loop offices to receive the deliveries of legal orders and notices that take place throughout the day, whether through the US mail, courier services, or personal service; scan these items; and email them to other team members.

This role is based in Chicago, at CIBC Bank USA’s headquarters at 120 South LaSalle Street. This role has an expected salary range of $60,000-80,000, based on experience and qualifications. The successful candidate also may be eligible to participate in the relevant business unit’s incentive compensation plan, which also may include a discretionary bonus component.

Key r esponsibilities

+ Receive, scan, and deliver items at our office location in Chicago’s Loop (120 South LaSalle Street)

+ Process all types of legal orders and notices that come in to the Legal Process team, such as subpoenas, levies, garnishments, citations to discover assets, bankruptcy notices, notices of mechanic’s liens, notices relating to eminent domain, and court orders

+ Takeall necessary steps to carry out this processing, including, for example, accessing CIBC systems to obtain needed information on client profiles and client accounts, such as transaction histories; interfacing with relationship managers and operations personnel; drafting, editing, and sending client notification letters; and documenting within team systems all orders received and their dispositions

+ Interface with internal and external parties in a professional and efficient manner to ensure that questions are accurately and timely answered, all legal and procedural requirements are complied with, and both CIBC and US Legal are appropriately represented

+ Actindependently and proactively and takes responsibility for identifying and resolving issues, including errors in processing, changes in law or policy, and needs for updates or changes to team procedures

+ Take accountability for professional development, including identifying gaps in knowledge and taking steps to close those gaps

Qualifications

+ Undergraduate degree and/or paralegal certificate

+ Experience in, or ability to quickly learn, the following: processing legal orders, such as subpoenas, civil investigative demands, citations to discover assets, garnishments, and levies, including reviewing for proper service of process; conducting document production, including reviewing documents for relevance and privilege and creating privilege logs; e-discovery; filing responses in federal, state, and local court systems

+ Ability to learn to identify and understand documents commonly generated and handled by financial institutions, and common types of legal orders and notices

+ Knowledge of, or ability to quickly learn, litigation and collection processes

+ Excellent oral and written communication skills, including use of accurate grammar, spelling, and professional titles

+ Strong skills in using Adobe, scanning technology, and the Microsoft Office suite of products (Word, Excel, Outlook, Teams, and PowerPoint)

+ Solid critical thinking skills

+ Robust work ethic

+ Interest in learning the business of a financial institution and related impact on legal risks

?

At CIBC, our people are our greatest asset. You’ll become part of a diverse community that acknowledges everyone’s unique talents, and empowers teams to do what’s right for the client and to do it well. As part of our team, you will :

+ Thrive: Benefit from an open and approachable culture that provides the flexibility and support you need to integrate your life at work and home.

+ Connect: Work in a place where the right technology and infrastructure foster innovation, collaboration, and creativity.

+ Develop: Grow your skills and career through our best-in-class onboarding experience, ongoing learning opportunities, individual development planning, and comprehensive product training.

+ Prosper: Share in our collective success with a competitive salary, incentive pay, banking benefits, health benefits programs, retirement savings, and more.

California residents – your privacy rights regarding your actual or prospective employment (https://us.cibc.com/en/about-us/california-consumer-privacy-act-employment.html)

What CIBC Offers

At CIBC, your goals are a priority. We start with your strengths and ambitions as an employee and strive to create opportunities to tap into your potential. We aspire to give you a career, rather than just a paycheck.

+ We work to recognize you in meaningful, personalized ways including a competitive salary, incentive pay, banking benefits, a benefits program*, a vacation offering, wellbeing support, and MomentMakers, our social, points-based recognition program.

+ Our spaces and technological toolkit will make it simple to bring together great minds to create innovative solutions that make a difference for our clients.

+ We cultivate a culture where you can express your ambition through initiatives like Purpose Day; a paid day off dedicated for you to use to invest in your growth and development.

*Subject to plan and program terms and conditions

What you need to know

+ CIBC is committed to creating an inclusive environment where all team members and clients feel like they belong. We seek applicants with a wide range of abilities and we provide an accessible candidate experience. If you need accommodation, please contact Mailbox.careers-carrieres@cibc.com

+ You need to be legally eligible to work at the location(s) specified above and, where applicable, must have a valid work or study permit.

+ We may ask you to complete an attribute-based assessment and other skills tests (such as simulation, coding, MS Office). Our goal for the application process is to get to know more about you, all that you have to offer, and give you the opportunity to learn more about us.

Job Location

IL-120 S LaSalle St, 4th Fl

Employment Type

Regular

Weekly Hours

40

Skills

Communication, Interpersonal Communication, Legal Practices, Legal Support, Report Writing, Researching

At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values: Trust, Teamwork and Accountability.

Working with CIBC make