Law Clerk

Title: Law ClerkReports to: In-House CounselSupervises: NoneStatus: Non-ExemptObjectiveLaw Clerk's primary responsibility is to represent KEMBA Financial Credit Union by assisting In-House Counsel in providing legal support and guidance to various business units and senior management related to credit union activities. Law Clerk is responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. This position may involve delegation to associates within the Legal Department at the direction of In-House Counsel.Duties and Responsibilities- Assists In-House Legal Counsel in their representation of KEMBA's interests in litigation, transactions, collections, contracts and other business matters and opportunities ensuring that proper policies, procedures, risk mitigation activities and controls are followed- Identifies gaps in compliance, policies, practices, and operating controls are reported to In-House Counsel or Senior Management- Identifies, researches, and analyzes relevant federal, state, and local legal requirements impacting products, services, and operations- Prepares memoranda, correspondence or other materials summarizing and applying research and analysis to credit union issues for In-House Counsel's review. Evaluates new procedures, services and market changes which require legal reviewMonitors bankruptcy cases to ensure maximum protection of the credit union's assetsFollows appropriate policy and procedures for the accurate tracking and reporting of bankruptcy casesRecommends procedures to In-House Counsel to reduce lossesReviews lending and deposit documentation to ensure regulatory compliance and operational simplicity for both internal and external usersDrafts and reviews various vendor agreements, including services, purchase, software and technology, consulting, professional services, and other agreements and makes recommendations to In-House Counsel as appropriateMonitors and tracks vendor contracts to ensure compliance with due diligence protocols and act as primary individual responsible for updating vendor management reporting.Manages Vendor Management including preparation of monthly reports; managing Quantivate (NContracts) application; and collaborating with various departments.Develops and maintains reports which document the significant activities of the department. Interprets the reports and recommends appropriate action to In-House Counsel as neededResponds to Member inquiries as needed; provides professional and courteous service to members, whether staff members or natural person membersSupports Risk Management and Lending in specialized legal matters including repossessions and foreclosures as appropriateEffectively communicates and works with Risk Management staff and other departmentsDevelops an understanding of credit union history, philosophy, organization, policies, and operational proceduresPerforms all duties in a manner that is fully compliant with applicable industry regulations as well as KEMBA policy and proceduresOn a self-directed basis, continues to improve individual level of competency through training and certification on established educational programsRelates to others beyond giving and receiving instructions:Works well with partners and peersPerforms work activities requiring negotiating, instructing, supervising, persuading, or speaking with othersResponds appropriately to feedback- Performs other duties, including administrative tasks, as assignedRequired Qualification

Created: 2025-12-08