Job Details:

WHAT IS THE OPPORTUNITY?

This position is responsible for managing external law firm relationships for City National Bank, including law firm risk assessments, legal fee billing arrangements, legal fee budgets, supervision of the legal tracker system and the law firm vendor management process. Key responsibilities are: (i) the timely and accurate review of billing rates and discounts, (ii) interfacing with vendor management, (iii) processing invoices and coordinating reports on legal spend, (iv) maintaining/coordinating updates to outside counsel billing and retention policy, and (v) managing the conflict wavers repository. Represents the department to both internal and external clients, including internal and external attorneys, Internal Audit, Third Party Risk Management, Vendor Management Office and regulatory agencies, in order to interpret and explain policies and procedures, respond to inquiries and requests and to resolve issues.

Legal and Corporate Administration Group

Make a meaningful difference as a member of City National's Legal & Corporate Administration Group, the area of the bank that manages legal and corporate governance, community reinvestment, corporate premises and corporate security.

WHAT WILL YOU DO?

Reviewing billing rates and discounts for firms against appropriate industry benchmarks
Responsible for reviewing, maintaining and coordinating discounts and alternative billing arrangements with responsible legal division attorney and ensuring compliance with discount arrangements and billing guidelines through continued monitoring and setup on Legal Tracker
Responsible for collaborating with legal tracker administrator and administrative assistants to enhance system setup for efficiency and strategic objectives related to legal spend and reporting
Responsible for reviewing and coordinating all requests related to law firm vendor management, including third party risk management, and acting as a general risk manager regarding law firm relationships.
Responsible for processing invoices and coordinating periodic reports on legal spend for department and individual attorneys
Responsible for coordinating updates to Outside Counsel Billing and Retention Policy
Maintaining database for law firm conflict waivers
Responsible for coordinating department outside counsel spend budgets with stakeholders within Legal and Finance
Manage the review of non-disclosure agreements, non-reliance agreements, and notices of defaults with outside counsel
Coordinate and review of legal discovery with CNB responsible attorney and/or external counsel on litigation and regulatory matters

WHAT DO YOU NEED TO SUCCEED

Must-Have*

Bachelor's Degree
Minimum 7 years of general office administration, compliance, banking operations, or accounting experience required.
Minimum 3 years of experience with law firm administration and associated vendor and risk management.
Paralegal Certification is a plus but not required

Skills and Knowledge

Must be able to multi-task and work accurately and effectively in a fast-paced deadline-oriented environment.
Must exercise good judgment in managing law firm relationships and City National Bank legal billing operations.
Candidate must comply with Bank policies and procedures and applicable regulatory requirements.
Familiarity with bank regulatory requirements.
Knowledge in law firm management and legal fee processing and general understanding of compliance and risk related functions related to law firms.
Effective communication skills given the interface with senior colleagues and outside lawyers.
Effective problem-solving skills with the ability to work independently and to take the initiative on new assignments and drive to completion.
Has solid written, verbal, interpersonal, analytical, and application skills.

Compensation

Starting base salary: $41.83 - $66.81 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

*To be considered for this position you must meet at least these basic qualifications

The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.

ABOUT CITY NATIONAL

We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America’s leading diversified financial services companies.

Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

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