Associate, Legal Processing Job at Webster Financial Corp
If you’re looking for a meaningful career, you’ll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster’s values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
Position Summary
Attachment Department - Sustain back-office support functions associated with the processing legal orders that require the bank to remove or hold funds in an account. Areas of accountability include reviewing bank garnishments and following the state law for each document to determine exempt funds and payout date. Review court documentation and restrict funds for CT probate restricted accounts.
Responsibilities
#ZR
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
Please Note :
www.bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
Position Summary
Attachment Department - Sustain back-office support functions associated with the processing legal orders that require the bank to remove or hold funds in an account. Areas of accountability include reviewing bank garnishments and following the state law for each document to determine exempt funds and payout date. Review court documentation and restrict funds for CT probate restricted accounts.
Responsibilities
- Accept service of legal documents requiring the bank to remove or hold customer funds.
- Review and process legal documents served on Webster Bank and create files for each case.
- Take inquiries on customer accounts related to incoming documents. Insert printouts of all transaction inquiries performed in the file. If no record, no account, or no funds, date stamp and return to the proper individual.
- Protect funds by removing them from the customer’s account and placing them into a GL or placing legal holds on customer accounts as required by legal documents received. Insert printouts of all transactions performed in the file.
- Complete Post judgment remedies accurately and returning to the requestor’s office within the appropriate timeframes.
- Review probate documentation from CT courts and restrict funds for probate restricted accounts.
- Process payouts from the holding GL, by completing check request and final letter and processing them in coordination with database. Mail the checks to the proper individuals with a cover letter/payment coupon and scan all documentation processed.
- Process and bundle mail; verify ownership, and forward legal documents to the proper departments.
- Assist research department as needed by providing retail related research information
- Maintain daily production levels to meet goals set by department manager.
- Review work to ensure accuracy, consistency, and verifiability.
- Perform additional duties as required.
- High school diploma/GED required.
- 1-2 years’ experience in Bank Operations or related fields.
- Good organizational skills and attention to detail a must.
- Ability to work in a fast-paced environment.
#ZR
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
Please Note :
www.bankofmontserrat.ms is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, www.bankofmontserrat.ms provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.