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WSFS Bank · 19 hours ago

Cash Connect Paralegal

Newark, DE

Full-time

Onsite

Mid, Senior Level

$52K/yr - $86K/yr

3+ years exp

WSFS Bank is a locally headquartered bank and wealth management company committed to empowering its associates and supporting communities. The Cash Connect Paralegal and Contract Administrator supports legal and operational functions for the Cash Connect division, ensuring compliance and accuracy of contracts while mitigating risks in a fast-paced environment.

BankingFinanceFinancial Services

Responsibilities

Draft, review, and manage contracts including service agreements, NDAs, vendor contracts, and armored transport agreements

Draft, revise and negotiate contracts including service agreements, vendor contracts, NDAs, and amendments

Ensure contracts comply with applicable laws, industry regulations and internal policies and collaborate with internal departments (TPRM, Legal, Operations, Risk, Finance) to ensure contract terms align with business and security requirements

Collaborate with internal stakeholders to align contract terms with operational and strategic goals

Maintain a centralized contract repository and track key dates (renewals, expirations, compliance deadlines)

Monitor, maintain and support vendor and clients records including renewals, expirations, insurance requirements, compliance obligations, insurance and risk assessments

Serve as the primary legal contact for internal and external counsel and counterparties during contract negotiations

Communicate legal positions clearly and professionally in verbal discussions and meetings

Facilitate resolving contract disputes with support from internal business lines and clarify legal language to protect division and Bank’s interests

Conduct legal research on banking, transportation, and regulatory matters

Assist in preparing legal documents, filings, and correspondence with financial institutions and government agencies

Assist in supporting any litigation and claims management, including incident documentation and coordination with internal and external counsel

Maintain confidentiality and handle sensitive legal and operational information with discretion

Monitor changes in relevant laws and regulations (OCC, FDIC, Federal Reserve), and assist in updating internal division policies and procedures

Assist in implementing division policy updates and ensuring contract templates are periodically reviewed in conjunction with business and counsel to reflect current legal standards

Support internal audits and compliance reviews related to contracts and legal obligations

Assist in vendor risk assessments and ensure contractual obligations are met

Provide guidance to division on contract interpretation and risk exposure

Organize and maintain legal files and records

Coordinate communication across division with internal and external partners

Assist with onboarding and training related to contract processes and compliance

Qualification

Contract lawLegal researchContract managementParalegal certificationVendor risk frameworksMicrosoft OfficeAnalytical skillsOrganizational skillsVerbal communicationAttention to detail

Required

Bachelor's degree in Legal Studies, Business Administration, or related field

Paralegal certification required

3+ years in legal or contract administration, preferably in financial services or armored carrier operations and cash logistics

Experience working with vendor risk frameworks

Ability to manage multiple priorities and meet deadlines in a high-security environment

Management experience will be managing a staff of 2

Must have proven ability to quickly learn new areas, as well as solid understanding of all major parts of the business

Strong understanding of contract law, banking regulations, and transportation compliance

Proficiency in Microsoft Office and contract management systems

Excellent organizational and analytical skills

Must have strong verbal communication skills to engage with clients and their counsel, resolve disputes, and represent the company's interests in contractual matters