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VARITE INC · 4 days ago

Judgement Processing Senior Specialist

Brooklyn, OH

Full-time

Onsite

Mid, Senior Level

$20/hr - $22/hr

2+ years exp

VARITE is a U.S. based regional bank and financial services company looking for a qualified Judgement Processing Senior Specialist located in Brooklyn, OH. The role involves managing legal order processing, performing complex account searches, and ensuring compliance with federal and state legal orders while overseeing department functions in the manager's absence.

Information Technology & Services

Growth Opportunities

Responsibilities

Perform immediate account searches in response to complex Specialty Order cases usingsystem data to determine what type of information, balance, and account relationships exists for clients. Must promptly read legal documents and make decisions on a case by case basis to determine proper actions assuming full responsibility for securing funds

Identify and immediately perform appropriate hold or freeze on accounts by applying theappropriate Federal/State Statue in conjunction with court mandated instructions to bearrive at dollar amount needing immediately secured. Make determination of allowable disclosure based on sealed/or restricted disclosure cases and assure confidentiality

Process immediate turnover of funds, or moving funds to a bank holding account for future remittance

Prepare formal “Answers to Complaints” on behalf of Key’s Litigation Counsel and assureproper filing to the court and all appropriate parties. Compose answers and correspondence, disclosures to courts, attorneys/agents, and clients as appropriate within established deadline. Assure case closing processes are completed as outlined in procedures

Assure incoming legal documents are accurately and timely logged into JPex according to procedures and appropriate comments are added for difficult cases. In addition, must review, log, and identify proper ownership for all documents and establish accountability

Research and respond to SRTS and TCS complaints involving release of funds often collaborating directly with the plaintiff and defendant attorneys, legal department, account officers, and business contacts to provide options for case resolution

Function as risk control point for the department by performing detailed quality review control on large dollar orders

Perform quality review and certification process on data match files containing confidential client account information to assure proper recipient and disclosure of sensitive data

Assure compliance by performing official bank check requests and timely mailing to comply with garnishments, leaves, executions, and various legal orders as defined by Federal/State regulations. Requires full knowledge and accountability for all types of Federal and State attachment orders and understanding of associated risks to the bank

Review complex settlement and court ordered documents to identify and recommend appropriate accounts and amounts to be released. On difficult cases contact Attorney/Agents to advise of additional documentation needed. Assure proper returning of funds to client or turnover of funds as directed by court

Accurately file case folders for ease in retrieval and for maintaining accurate record retention requirements. Assist team in offsite record preparation

Perform end of day APA balancing and import; identify and correct any discrepancies assuring a balanced file is submitted for posting

Actively participate in team huddles, staff, and department meetings, by engaging in improvement discussions, and providing recommendations for enhancements to department procedures. Provide insight into workflow or procedure changes necessary due to law or compliance changes

Perform assigned duties for department back-up coverage, new employee training, JPex fax distribution, testing, and special projects. Oversee the department in Managers absence by distributing daily work assignments, handling exception situations, and channel information for appropriate escalation

Accurately report volume and daily time spent performing duties to assure accurate statistical data is captured and reported within department deadlines

Qualification

Legal document collaborationBanking regulations knowledgeGeneral ledger knowledgeMonetary transactions accuracySystem applications proficiencyHigh accuracy to detailSelf-managementEffective communicationAdaptability

Required

Extensive knowledge and experience collaborating with Legal docs, Hogan, view direct, CIS, system applications containing detailed customer account data. Full understanding of banking products and services. Two-year experience working in a financial organization preferred

Experience performing monetary transactions timely and accurately

Writes and speaks effectively using detail appropriate to the situation. Demonstrates good listening and reading comprehension skills with ability to properly identify required actions

Ability to work with all levels of internal/external clients remains professional and knowledgeable while protecting KeyBank's monetary risks and confidentiality of case details

Working knowledge of general ledger as it pertains to assets, liabilities, revenue, and expense in banking environment. Experience utilizing debit and credit entries to general ledger applications and knowledge of proper offsets required in a balancing process

Possesses high degree of accuracy to detail as required for a high-risk environment

Ability to accurately apply procedures to legal documentation and data

Ability to self manage multiple tasks and case assignments simultaneously without losing focus. Is self disciplined and maintains an organized approach to priorities as required in high stress environment

Knowledge or experience of banking regulations, state and federal laws pertaining to legal orders such as garnishments, IRS and State Levies, Restraining Notices, Order to Withhold

Knowledge and experience using system applications such as Micro Soft Word, Excel, Lotus Notes, for creating letters, input to spreadsheets, navigating department reports and workflows

Ability to perform high volume 10 key input by touch using numeric keypad

Adapts well to changing priorities, deadlines, and directions. Offers suggestions for continuous improvements and demonstrates professional interaction with internal and external clients