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About Blue Foundry Bank
This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done. Blue Foundry is revolutionary, bold, resourceful, roll-up-your-sleeves committed, smart, creative and fun. A Bank of movers, shakers, and makers…We are a Bank that Gets Things Done.
At Blue Foundry Bank we invest in the well-being of our most prized asset…our employees! We provide a robust array of programs and benefits to help employees advance their careers and enhance the quality of their lives. Our experiential learning and development program ensures employees are on track to grow their career as of day one.
In addition, our comprehensive compensation package includes; medical, dental, and vision coverage; life insurance, short- and long-term disability insurance; 401(k)/Roth with company match up to 5%; paid time off, and 11 paid holidays; employee referral bonus; and educational reimbursement.
Position Summary
The Senior Paralegal will play a pivotal role in providing comprehensive legal support to Blue Foundry Bancorp, its subsidiaries, and affiliated entities, including Blue Foundry Bank (collectively referred to as the Organization). This position is integral to ensuring compliance with regulatory requirements, internal policies, and industry standards. The Senior Paralegal will collaborate with internal business lines and support functions to provide legal expertise and perform various legal duties to meet the Organization's operational and strategic objectives.
This role demands a thorough understanding of the legal and regulatory framework governing financial institutions, including banking laws, compliance regulations, and corporate governance. With strong advisory skills, the Senior Paralegal will deliver proactive and practical legal solutions, supporting the Organization's growth while mitigating risks and promoting ethical business practices.
This role is suited for an individual with exceptional legal acumen, organizational skills, and the ability to navigate complex legal scenarios while fostering alignment with the Organization's objectives. The Senior Paralegal will be a trusted partner in supporting the Organization’s mission to deliver excellence in banking services.
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Primary Responsibilities
- Assist with corporate governance matters, such as taking minutes, maintaining corporate records, preparing board meeting materials, and ensuring compliance with corporate formalities
- Coordinate response and gather data for regulatory exams, audits, and subpoena compliance
- Assist with regulatory compliance including Regulation O and state regulatory filings.
- Analyze, draft, review legal documents such as deeds, promissory notes, leases, mortgages, guarantees, cross-collateral agreements, Uniform Commercial Code financing statements, purchase and sale agreements, and other documentation necessary to consummate financial transactions
- Review vendor contracts
- Provide support for compliance with SEC and other federal agency rules and regulations
- Respond to branch queries and review applicable account holder documentation
- Review documentation for probate claims, wage garnishments, subpoenas, POA’s
- Manage subpoena compliance
- Provide litigation support
Additional Responsibilities
- Research and analyze legal resources including statutes, regulations, codes, judicial decisions, and articles
- Prepare and review legal documents such as memoranda, pleadings, and contracts, for review, approval, and use by attorney
- Maintain digital document files
- Perform other miscellaneous duties as assigned
Position Requirements
- Bachelor’s Degree highly preferred
- Paralegal Certification preferred
- Minimum seven (7) years of paralegal experience. In lieu of education and certification requirements, ten (10) years paralegal experience in the following practice areas required:
- corporate governance for a publicly traded company
- contracts
- compliance
- work experience in the financial services industry a plus
- Proficient computer skills including Microsoft Office (365) Suite (i.e. Word, Outlook, Teams, Excel, Power Point)
- Ability to work in a fast-paced environment managing multiple projects and prioritizing projects and assignments to meet deadlines
- Ability to communicate effectively in both verbal and written formats with individuals or groups
- Ability to exercise independent judgment, and discretion, appropriately handling confidential material, and interacting effectively with all levels of personnel, members, clients and vendors
- Ability to demonstrate strong analytical and problem-solving skills, and attention to detail
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.
Come join the Blue Crew community and be part of our success!
