Download App | FOLLOW US ON SOCIAL MEDIA
 Upload Your Resume   Employers / Post Jobs 

Legal Staff Paralegal in Kirkland, WA

Umpqua Bank May 21,2018 Dec 13,2017 Location USA Kirkland WA
This job is expired...

In-House

Legal Staff

Real Estate

Min 8 yrs required

Profile

MFD Senior Loan Closing Administrator The candidate will analyze and review various third party documents and reports, including title insurance, escrow, personal credit, appraisals, environmental, property and liability insurance, and complex borrowing entity structures. In addition, analyze underlying title exception documents with emphasis on impact to lien priority and use of collateral. Identify title, property insurance, zoning, vesting, or other issues that require analysis and resolution prior to approval, documentation and funding of loans. Will partner with underwriters to identify credit or property issues that require further investigation and resolution prior to approval. Collaborate with production officers and staff to acquire sufficient information for credit recommendations, to address credit concerns, and to document/close loans. Prepare loan documents, escrow recording instructions and other ancillary documents in form and content that ensures a first lien priority for the Bank’s collateral. Conduct peer review of others’ loan packages for approval. Complete work in accordance with Bank’s documented procedures reflected in the Commercial Resource Library and the Multifamily Loan Processing/Closing Procedures. Any exceptions are documented and approved. Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes. Follow all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training. Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description. Take personal initiative and is a positive example for others to emulate.

Qualification and Experience

The candidate should have Bachelor’s degree or equivalent work experience as a Paralegal or other Real Estate specialty. Should have 8+ years of Multifamily and commercial real estate experience. Combination of processing, underwriting, originating, or brokering sales of loans for commercial real estate but must include experience providing a strong knowledge of real estate loans, loan documentation requirements, and state real estate regulations and requirements are needed. Extensive knowledge of standard concepts, practices, and procedures within the multifamily and commercial real estate (investor owned income property) lending field is needed. Extensive knowledge of real estate legal principles, including lien priority law and regulations, pertaining to multifamily and commercial real estate is essential. Must have excellent written and verbal communications skills with ability to work well in a team environment. Advanced skills in database, spreadsheet and word processing software (Microsoft Office Suite preferred) is needed.

Additional info

Job Requisition ID: KH25001

Company info