Paralegal Job at Monet Bank, Plano, TX

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  • Monet Bank
  • Plano, TX

Job Description

Job Description

About Monet Bank

Monet Bank is pioneering the future of banking and money movement—faster, cheaper, and crypto-native. The passage of the Genius Act has enabled a future we want to explore where interchange fees and inefficient payment rails may be replaced with a modern, programmable alternative powered by stablecoins.

At our core, we believe Monet Bank is the essential bridge between crypto and traditional finance (TradFi).

As a profitable, well-capitalized Texas state, FDIC-insured bank, Monet sees the fundamental inefficiency of the 2-3% card network payments and seeks to build a strong team to understand and pursue the future of money and banking.

See our open positions below if you want to work on the new frontier of banking projects like a stablecoin-based payment that would empower merchants to reclaim margins, Fintechs to operate cross-border at scale, and tech giants to embed crypto into their platforms without friction.

Summary:

Monet Service, Inc., subsidiary of Monet Bank (operating under the Beal Bank Texas charter), is seeking a knowledgeable paralegal to assist with third-party vendor contracts. Reporting to the SVP, Senior Corporate Counsel, the paralegal will play a crucial role in ensuring legal compliance, managing risk and streamlining the contracting process with outside vendors. The ideal candidate will help ensure that contractual agreements are legally sound, well-managed and effectively support business strategies while minimizing potential risks.

This is an on-site (non-remote) position based at our Plano, TX headquarters location.

Essential Duties and Responsibilities (including but not limited to):

  • Assisting attorneys in negotiating contract terms with third parties to ensure favorable terms and adherence to internal policies and risk mitigation standards
  • Assist in house counsel and internal business unit owners on the design and deployment of contract lifecycle management solutions
  • Oversee large-scale projects related to contracts and third-party risk management
  • Innovate and streamline processes to enhance operational efficiency
  • Overseeing the entire contract lifecycle, from initial requests to execution along with managing contract repositories and templates, including tracking deadlines, milestones and deliverables
  • Supporting vendor onboarding and compliance processes
  • Helping with document retention requirements and overseeing contract status meetings
  • Liaising and collaborating with internal stakeholders to gather necessary information for contract negotiation and development
  • Build and maintain strong relationships with internal and external stakeholders, fostering collaboration and client satisfaction
  • Providing paralegal services to the legal team, including serving as an assistant secretary preparing meeting minutes, preparing state filings (e.g., state and local licenses, permits, registrations) and other paralegal responsibilities as needed by the legal team
  • Providing added administrative support to the legal team, including managing invoices, processing payments and other administrative support as needed by the legal team
  • All other duties assigned by manager

Qualifications (Education, Computer Skills, Certifications, Etc.):

  • Minimum of five years as a paralegal or contract manager with strong working knowledge of all areas of third-party contract matters
  • Strong knowledge of the vendor management (third party risk management) life cycle and related regulatory requirements for a financial institution
  • Strong foundation in contract law, legal terminology and legal research methodologies
  • Experience with Venminder or contract management/TPRM platforms is a plus
  • Meticulous organizational skills and attention to detail with extensive experience in reviewing contracts and other documents to minimize errors and ensure accuracy in legal documentation
  • Exceptional written and verbal communication skills, including drafting and managing various contract types
  • Ability to utilize various legal software, including case management systems and document management software
  • Understanding of risk management principles and ability to assist in identifying and mitigating potential risks associated with vendor relationships and contracts
  • Ability to maintain a high degree of confidentiality

Benefits options include:

  • Medical, dental and vision coverage
  • 401K with company match
  • 10 paid holidays
  • Accrue up to 17 vacation/sick days per year in your first year on a pro rata basis
  • Applicant may be eligible for annual discretionary bonus

No relocation assistance provided.

If you are looking to be a part of a winning team and meet the above requirements, we look forward to hearing from you.

Monet Bank and their affiliates are Equal Opportunity Employers. Monet Bank and their affiliates do not discriminate against any candidate or employee on the basis of race, national origin, color, genetics, sex, marital status, sexual orientation, gender identity, age, disability, pregnancy, religion or religious affiliation, veteran or service member status, or any other characteristic protected by federal, state or local laws.

All applicants have rights under federal employment laws. To view your rights and government notices on the Family Medical Leave Act (FMLA), the Equal Employment Opportunity (EEO) and the Employee Polygraph Projection Act (EPPA), please see the following Department of Labor links: FMLA EEO EPPA

Notice to California Residents: Monet Bank and their affiliates may collect personal information about you as part of the job application or employment process. Please see the California Privacy Rights Act Policies at CPRA Policy, CPRA Policy | CLMG Corp, CPRA | CSG Investments CPRA Policy | for details.

Job Tags

Contract work, Local area, Relocation,

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