Legal Staff Paralegal in Plano, TX

Profile

Associate, Small Business Loan Advocate II The candidate will apply job knowledge and documentation expertise to a diverse array of lending products. Will prepare commercial loan documents using in-house documentation software platform (LaserPro or Word templates) for new loans, renewals, extensions and modifications. Conduct lien searches and related due diligence tasks to determine appropriate actions to resolve outstanding lien issues and deliver lien documents to designated vendors. Review loan documents prepared by other associates or outside counsel to ensure compliance with the Bank's loan policy, applicable banking regulations and with any other requirements designated by the credit approval authority, and authorize the closing of such loans. Review organizational documents, appraisals, surveys and other third party documents to ensure conformity with bank standards. Analyze due diligence documentation and prepare necessary lien perfection documents to protect banks security interest in pledged collateral. Accurately book and fund loans in a timely fashion. Assist in identifying and clearing any exceptions within the appropriate time periods. Coordinate the issuance of letters of credit, including renewals and amendments. Interact with underwriters, relationship managers, customers, agent banks, attorneys, and insurance agents to ensure all conditions are met for closing. Instruct new associates and serve as a training resource for less experienced associates in the department. Manage a workload that includes multiple tasks and conflicting priorities. Remain current on all pending and proposed regulatory changes affecting compliance and attend seminars and workshops covering regulatory and compliance issues.

Qualification and Experience

The candidate should have High School Diploma, GED or Equivalent Certification or military experience. Must have 3+ years of banking or financial services experience. Must have 1 year of experience in loan administration and documentation. Must have 1 year customer service experience in a consumer, mortgage, or commercial lending support role. Associates Degree or higher in Accounting and/or Finance, supplemented with Business Management courses or paralegal certification is preferred. 5+ years of banking and financial services experience is preferred. 3+ years of experience in loan administration and documentation is preferred. 3+ years of customer service experience in a consumer, mortgage, or commercial lending support role is preferred. Basic knowledge of lending processes, loan principles and terminology related to banking laws and regulations, as they pertain to loan disclosures and requirements is preferred. Basic knowledge of consumer and commercial loan documentation, collateral perfection, title insurance, UCC filing, compliance requirements, lending policies and procedures, and loan/funding terminology is preferred.

Additional info

Job ID R20551

Company info