Contract Paralegal

Portage Bank; Spokane (WA); On-site; USD 65,000 - 90,000; Part time

Benefits offered by this job

Health insurance

Paid time off

Job summary

Portage Bank is a relationship-driven financial institution committed to delivering sound banking solutions, exceptional customer service, and prudent risk management. The Contract Paralegal will support drafting, review, negotiation, and lifecycle management of banking, fintech, and payments contracts, working with Compliance, outside counsel, and business owners to ensure accuracy and compliance.

The ideal candidate is detail-oriented, organized, and comfortable operating in a regulated

Qualifications

• 3+ years of paralegal experience, preferably with exposure to banking, fintech, or payments contracts.
• Experience handling vendor agreements, regulatory contract review, and payments-related terms with limited supervision.
• Strong drafting, reviewing, and redlining skills with a keen eye for risk and non-standard provisions.
• Ability to work effectively with compliance personnel, outside counsel, and business owners in a regulated environment.
• Paralegal certification (CP or RP) preferred.
• Financial institution experience strongly preferred.
• Experience with capital raise or investment-related agreements, including subscription agreements, SAFEs, convertible notes, or term sheets, is a plus.
• Excellent written and verbal communication skills.
• Strong organizational skills and attention to detail.

Responsibilities

• Draft, review, and redline vendor agreements, fintech partnership contracts, and payments-related terms.
• Manage the full contract lifecycle, including intake, review, negotiation support, execution, and renewal tracking.
• Maintain organized and audit-ready contract records and support examiner and audit requests.
• Coordinate with outside counsel on escalated legal matters and track open items through resolution.
• Support regulatory and compliance review of third-party, BaaS, and payments arrangements.
• Identify risks, missing terms, and non-standard provisions and provide clear recommendations to the Compliance Officer.
• Work with business owners and internal teams to facilitate the contract process and ensure timely execution.
• Maintain accurate documentation and records in accordance with internal policies and regulatory requirements.

Skills

Paralegal experience

Drafting and redlining

Regulatory environment understanding

Communication skills

Organizational skills

Attention to detail

Education

Paralegal certification CP or RP

Job description

Portage Bank is a relationship-driven financial institution committed to delivering sound banking solutions, exceptional customer service, and prudent risk management. We value integrity, collaboration, and innovation in supporting our clients and communities.

Position Summary

The Contract Paralegal is responsible for supporting the drafting, review, negotiation, and lifecycle management of agreements related to Portage Bank’s banking, fintech, and payments businesses. This position works closely with the Compliance Officer, outside counsel, and business owners to ensure contracts are completed accurately, efficiently, and in compliance with applicable requirements.

The ideal candidate is detail-oriented, organized, and comfortable working independently in a regulated financial environment. This role will have exposure to banking, fintech, BaaS, payments, vendor, and third-party agreements.

Key Responsibilities

• Draft, review, and redline vendor agreements, fintech partnership contracts, and payments-related terms.
• Manage the full contract lifecycle, including intake, review, negotiation support, execution, and renewal tracking.
• Maintain organized and audit-ready contract records and support examiner and audit requests.
• Coordinate with outside counsel on escalated legal matters and track open items through resolution.
• Support regulatory and compliance review of third-party, BaaS, and payments arrangements.
• Identify risks, missing terms, and non-standard provisions and provide clear recommendations to the Compliance Officer.
• Work with business owners and internal teams to facilitate the contract process and ensure timely execution.
• Maintain accurate documentation and records in accordance with internal policies and regulatory requirements.

Contracts You Will Work On

• Fintech and BaaS partnership agreements, including program agreements, sponsorship arrangements, and program manager contracts.
• Payments contracts involving card programs, ACH, wire, money movement, networks, and processors.
• Vendor and third-party agreements, including technology, SaaS, data, and outsourcing contracts.
• Deposit and lending program documentation related to fintech partners and BaaS programs.
• NDAs, MSAs, statements of work, amendments, and related agreements.
• Regulatory and compliance provisions within partner and vendor contracts, including audit, examination, and oversight terms.

Qualifications

• 3+ years of paralegal experience, preferably with exposure to banking, fintech, or payments contracts.
• Experience handling vendor agreements, regulatory contract review, and payments-related terms with limited supervision.
• Strong drafting, reviewing, and redlining skills with a keen eye for risk and non-standard provisions.
• Ability to work effectively with compliance personnel, outside counsel, and business owners in a regulated environment.
• Paralegal certification (CP or RP) preferred.
• Financial institution experience strongly preferred.
• Experience with capital raise or investment-related agreements, including subscription agreements, SAFEs, convertible notes, or term sheets, is a plus.
• Excellent written and verbal communication skills.
• Strong organizational skills and attention to detail.

Why Join Portage Bank?

• Competitive salary and benefits.
• Opportunity to work directly with compliance leadership, outside counsel, and business owners.
• Exposure to banking, fintech, BaaS, and payments contracts.
• Opportunity to help build and improve the bank’s contract management function.
• Collaborative environment with opportunities for professional growth.
• Direct impact on the bank’s ability to manage risk and support its growing business.

Portage Bank is an Equal Opportunity Employer. We are committed to fostering a diverse and inclusive work environment