Position Title
Legal Processing Associate I
Location
New York, NY 10018
Job Summary
Assumes responsibility for processing Legal Servings delivered to Flagstar Bank and Flagstar Financial Investment Group. Ensure that all legal servings are processed correctly and in a timely manner.
Payrange $23.73 - $30.26 - $36.78
Pay Range: Local Minimum Wage - $0.00 - $0.00
Job Responsibilities:
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Receives and process a high volume of legal processing delivered to Flagstar Bank and its Subsidiaries.
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Ensures all legal processing are properly received by Flagstar Bank, drawn up and addressed to the company/subsidiaries and delivered to the Legal Processing area.
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Searches and identifies responsive accounts; restrain or freeze funds as required by law.
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Prepares all documents required to be re-produced by the legal serving (i.e. bank statements, transactions, records, etc.).
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Organizes and maintain files related to the legal processing, including information regarding delivery, response and all actions taken.
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Communicates, provide updates, obtain information regarding legal processing from various internal & external sources (PCGs, Attorneys, Government Agencies, etc.).
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Packs and moves archive boxes; bate stamp documents.
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Prepares reports for management as needed.
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Answers court appearances when necessary.
ADDITIONAL ACCOUNTABILITIES
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Performs special projects, and additional duties and responsibilities as required.
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Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
JOB REQUIREMENTS
Required Qualifications:
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Education level required: High School / High School Equivalency (GED, HiSET, TASC) / Foreign Equivalent
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Minimum experience required: 1+ Years of related experience
Preferred Qualifications:
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Minimum experience preferred: 1+ Years legal processing experience
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Banking procedures/regulations a plus
Job Competencies:
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Banking systems & imaging software
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Good communication
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Work well under pressure
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Detail oriented, organized
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Able to handle sensitive/confidential information (professionally)
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Work independently
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Meet deadlines, multitask, prioritize
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Physical demands (ADA): The job requires a moderate degree of physical exertion and stamina such as standing, sitting, walking, driving or infrequent lifting.
Flagstar is an Equal Opportunity Employer
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What We Do
Thank you for visiting Flagstar Bank on LinkedIn, and we look forward to being part of your financial journey. On December 1, 2022, New York Community Bank (NYCB) and Flagstar Bank joined together to become one company. Today, New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The company is headquartered in Hicksville, New York. At June 30, 2024, the company had assets of $119.1 billion. We operate over 400 branches across 10 states, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and on the West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. We believe in cultivating a diverse, inclusive, and respectful workplace that engages employees, broadens perspectives, and encourages teamwork. We hire people who represent the talents, experiences, backgrounds, and diversity of the communities we serve. Together our goal is to deliver a new energy in banking to our customers, opening new doors for financial and personal success. Customers will have access to a broad spectrum of technology, products and services—all with a shared customer-first approach. Relationships are at the center of all that we do, enhanced by our commitment to delivering local market expertise, personalized solutions, and a long-standing focus on strengthening our communities. Follow us on LinkedIn to stay up to date on news and updates, new hires, community initiatives, access to our collective insights, and banking industry updates that you need to know.
